1Spatial Holdings Regulatory News (SPA)

15 Jul 2009 10:34

Avisen plc

("Avisen", "the Company" or "the Group")

Director's shareholding

Avisen, the AIM quoted performance management specialist, announces that the Company has been notified that as a result of the recent issue of consideration shares following the acquisition of Quadrum Consulting (Proprietry) Limited, as announced on 9 July 2009, Marcus Hanke's (Chief Executive Officer) holding of 28,605,259 ordinary shares in the capital of Avisen now represents 24.75 per cent. of the voting share capital of the Company.

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Notes to Editors:

Avisen is a business and technology consultancy specialising in performance management with a focus on strategy creation, development and implementation. It provides advisory services and software distribution of solutions in the corporate performance management market. Avisen aims to provide specialist advice to enable organisations to build more effective capabilities to manage the performance of their businesses and allow them to achieve their desired targets.

Avisen has offices based in London, Amsterdam and Johannesburg and employs over 40 permanent staff, in addition to using the services of consultants and contractors on an ad hoc / project based basis.