VertiGIS Completes Acquisition of 1Spatial as AIM Trading Ends

1Spatial ( (GB:SPA) ) just unveiled an announcement.

VertiGIS Ltd has completed its recommended cash acquisition of 1Spatial Plc through a court-sanctioned scheme of arrangement, with the scheme now effective and 1Spatial’s shares suspended from trading on AIM ahead of their cancellation. Shareholders on the register as of 28 April 2026 will receive 73 pence in cash per share within 14 days, marking 1Spatial’s transition to private ownership under VertiGIS and ending its offer period under the UK Takeover Code.

Following completion of the deal, non-executive directors Andrew Roberts, Francis Small and Peter Massey, along with company secretary Susan Wallace, have resigned from the 1Spatial board, while Claire Milverton and Stuart Ritchie remain as directors. VertiGIS has installed its own leadership influence with the appointments of Richard Smith and Andrew Berry to the board and Jens Schmidt as company secretary, signalling a shift in governance and strategic control as integration progresses.

Spark’s Take on SPA Stock

According to Spark, TipRanks’ AI Analyst, 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 SPA stock, click here.

More about 1Spatial

1Spatial Plc is a geospatial software and data management company listed on London’s AIM market, providing location-based data solutions and services to public and private sector clients. The company focuses on managing, validating and integrating complex spatial data, positioning itself within the broader geospatial and geographic information systems technology industry.

Average Trading Volume: 465,851

Technical Sentiment Signal: Buy

Current Market Cap: £86.32M

For detailed information about SPA stock, go to TipRanks’ Stock Analysis page.