1Spatial Wins Extension to VertiGIS Takeover Deadline

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

1Spatial has secured an extension to the “put up or shut up” deadline for a possible takeover by VertiGIS Ltd, a portfolio company of Battery Ventures, which is considering an all-cash offer of 73 pence per share for the entire issued and to be issued share capital of the company. The UK Takeover Panel has pushed the deadline for VertiGIS to either announce a firm intention to bid or walk away to 5:00 p.m. on 30 January 2026, giving both sides additional time for ongoing discussions, while VertiGIS retains the right to alter the form or terms of any potential offer, including making a lower bid in certain circumstances and adjusting for any dividends, leaving shareholders and the market with continued uncertainty over whether a formal takeover will ultimately materialise.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £70.00 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 UK-listed geospatial and location data specialist, providing software and services that help organisations manage and validate complex spatial data. The group focuses on sectors where high‑quality geospatial information is critical, including government, utilities, transportation and infrastructure, and is quoted on AIM under the ticker SPA.

Average Trading Volume: 153,379

Technical Sentiment Signal: Strong Buy

Current Market Cap: £75.41M

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