1Spatial Issues Scheme Document and Trading Update Ahead of VertiGIS Takeover

1Spatial ( (GB:SPA) ) has shared an announcement.

1Spatial has published the scheme document for its recommended cash acquisition by VertiGIS, outlining the terms of a court-sanctioned scheme of arrangement, shareholder voting procedures, and an expected completion in the first half of 2026, after which its shares will be delisted from AIM. The board, backed by independent advice from Panmure Liberum, unanimously recommends shareholders vote in favour, while also updating the market that FY2026 revenues are expected at about £34.5 million with over 60 per cent recurring, a slight contract timing shift into FY2027, and year-end net debt of roughly £3 million that it says does not alter its medium-term prospects or valuation.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £72.00 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 stock score is primarily influenced by strong financial performance and technical indicators, despite concerns over valuation. The high P/E ratio and lack of dividend yield significantly impact the overall score.

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

More about 1Spatial

1Spatial plc is a geospatial software and services company that provides data management and location-based solutions, with a strong focus on recurring software revenues and long-term customer contracts. The group operates in markets where spatial data accuracy and renewal-driven software licensing create a second-half weighting in its financial performance.

Average Trading Volume: 626,498

Technical Sentiment Signal: Buy

Current Market Cap: £80.44M

Find detailed analytics on SPA stock on TipRanks’ Stock Analysis page.