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Placing and Acquisition

1Spatial plc (AIM:SPA), the Spatial Big Data Company, held its General Meeting today, 12 June 2013, and all the resolutions proposed at the meeting were duly passed.

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Placing and Acquisition

1Spatial plc (AIM:SPA), the Spatial Big Data Company, held its General Meeting today, 12 June 2013, and all the resolutions... Read more

Placing 1Spatial has completed the Placing of 300,000,000 new Ordinary Shares at the Placing Price of 6p per share with certain institutional investors, raising approximately 17 million of net proceeds for the Company and equating to 46.1 per cent of the enlarged issued share capital. The new Ordinary Shares will rank equally with the existing Ordinary Shares in the Company. Application has been made to the London Stock Exchange plc for these Ordinary Shares to be admitted to trading on AIM, which is anticipated to commence at 8.00am on 13 June 2013. On Admission the Company will have 650,415,354 Ordinary Shares of 1p each in issue, with each share carrying the right to one vote. No shares are held in treasury. Therefore the total number of voting rights in the Company is 650,415,354. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules. Acquisition 1Spatial has completed the 90% acquisition of Star Apic, the leading European provider of Geographic Information Systems (GIS) software and solutions.

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1Spatial believes Star-Apic is an important and highly complementary bolt-on acquisition for the Company, significantly enhancing the Companys capability in the rapidly growing Big Data market. The Directors believe that Star-Apic will provide: a utilities solution that can be sold into existing customers and markets as well as into new markets; access to new markets, such as France and North Africa; additional services and products to the Groups existing customer base. The Elyx software platform is built on the same core technology as 1Spatials technology and can be integrated into the 1Spatial Management Suite easily and efficiently; a map publishing tool (Mercator) to produce digital and paper maps which can be added onto 1SMS; and additional product development resource to develop new products aligned to perceived customer needs. Appointment of David Richards David Richards has been appointed as deputy non-executive Chairman, effective immediately. David is the CEO, President and co-founder of WANdisco which he founded in 2005. David brings a wealth of experience to the Board, with over 15 years in the software industry, sitting on a number of advisory and executive boards of Silicon Valley start-up ventures. David James Richards, 42, is, or has been in the previous five years, a Director of the following companies: Current: WANdisco, Inc WANdisco International Limited Previous: Heffalump Limited

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The Company confirms that there is no other information which is required to be disclosed pursuant to Schedule 2 paragraph (g) of the Aim Rules for Companies. Commenting on todays news, Marcus Hanke, Chief Executive of 1Spatial said: I am happy to announce we have completed the Placing and subsequent Acquisition of Star-Apic. Star-Apic is seen as a k ey acquisition opportunity, providing many benefits to support the Groups expansion plans and goals. In addition the appointment of David Richard as deputy non-executive Chairman will bring a wealth of experience to the Board.

About Star-Apic: Star-Apic is Belgium incorporated and a leading European provider of GIS software and solutions, specialising in infrastructure management (mainly utilities) and land management with offices in Belgium, France and the UK. Elyx, its proprietary end-to-end software solution is used to make the best use of geographic data to improve efficiencies and derive business benefits. Over the last three years, Star-Apic has successfully migrated its existing customers onto this new Elyx technology. Like 1SMS, Elyx is based on Oracle database technology. Following the acquisition, it is intended that Elyx will be updated so it can be integrated into 1SMS, thereby making use of the Groups accuracy and validation engine. Founded 30 years ago and currently employing 110 people, Star-Apic has three product areas: Elyx Suite the core product end-to-end land management and infrastructure solutions software; Mercator Cartographic publishing software; and indoor location data centre infrastructure management software.

Mercator, a tool for the cartographic publishing of maps into digital and paper form, will be a complementary additional product which can be added into 1SMS. The Indoor location data centre software is noncore software but has value. Its value and fit into the Group will be fully assessed post acquisition. For further information please contact:

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1Spatial plc Marcus Hanke / Claire Milverton

020 7382 8952

FTI Consulting Sophie McMillan / Lucy Delaney

020 7831 3113

Nplus1 Singer Shaun Dobson / Matthew Thomas

020 7496 3000

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