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1Spatial Grants LTIP Awards Amid Potential Takeover

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1Spatial Grants LTIP Awards Amid Potential Takeover

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1Spatial ( (GB:SPA) ) has provided an update.

1Spatial has announced the grant of Long-Term Incentive Plan (LTIP) awards to senior employees, including the CEO and CFO, involving over 1.3 million ordinary shares. The awards, initially delayed due to contract negotiations and a potential offer from VertiGIS Ltd, are contingent on performance targets related to revenue, EBITDA, and share price by 2029. The LTIP awards will fully vest in the event of a takeover, provided the award holders remain employed, potentially impacting the company’s operational stability and stakeholder interests.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £49.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

Spark’s Take on GB:SPA Stock

According to Spark, TipRanks’ AI Analyst, GB:SPA is a Neutral.

1Spatial’s overall stock score is driven by strong corporate events and solid financial performance, despite concerns over valuation and technical indicators. The company’s strategic contract wins position it well for future growth, but high P/E ratio and technical weaknesses suggest caution.

To see Spark’s full report on GB:SPA stock, click here.

More about 1Spatial

1Spatial is a global leader in Location Master Data Management (LMDM) software and solutions, serving clients such as national mapping and land management agencies, utility companies, transportation organizations, and government departments. The company offers user-friendly, no-code, cloud-enabled solutions that enhance data governance, efficiency, and cost savings, contributing to a safer and more sustainable world. 1Spatial is quoted on AIM and operates in the UK, Ireland, USA, France, Belgium, Tunisia, and Australia.

Average Trading Volume: 146,739

Technical Sentiment Signal: Sell

Current Market Cap: £51.95M

See more data about SPA stock on TipRanks’ Stock Analysis page.

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