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SPA 1spatial Plc

60.00
-1.50 (-2.44%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
1spatial Plc LSE:SPA London Ordinary Share GB00BFZ45C84 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -2.44% 60.00 59.00 62.00 62.50 59.50 62.50 87,906 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Related Svcs, Nec 30M 1.06M 0.0095 63.68 67.06M

1Spatial Plc Contract Win with Northern Gas Networks Ltd (3025Q)

11/09/2017 7:01am

UK Regulatory


1spatial (LSE:SPA)
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TIDMSPA

RNS Number : 3025Q

1Spatial Plc

11 September 2017

11 September 2017

1Spatial plc (AIM: SPA)

("1Spatial", the "Company" or the "Group")

Contract Win with Northern Gas Networks Ltd

Six-year contract awarded following competitive process

1Spatial is pleased to announce that, following a formal competitive tender process, it has been awarded a significant contract with Northern Gas Networks Ltd for an initial three year period with an option to extend the contract for a further three years. Under the contract, 1Spatial will provide a Smart Work asset management system which will support Northern Gas Networks' back office business functions to help deliver efficiencies.

Northern Gas Networks distributes gas to 2.7 million homes and businesses representing around 6.7 million individuals and covering an area of urban and rural land totaling 25,000km(2) . Through the use of innovative technology, consultancy and working in collaboration with 1Spatial, this project will achieve greater efficiency in work management and data capture across the Northern Gas Network business and supply chain. Some of the key areas this solution will address and improve will include new gas connections, reactive and planned maintenance and emergency repair activities.

Claire Milverton, Acting CEO of 1Spatial commented:

"We delighted to be awarded this contract with Northern Gas Networks following a formal tender process. The utility sector is a growing market for 1Spatial where our expertise and solutions allow us to provide innovative solutions to businesses both in the UK and internationally to drive efficiency. We are pleased Northern Gas Networks has elected to use our innovative solutions and look forward to building a strong working relationship with them going forward."

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For further information, please contact:

1Spatial plc 01223 420 414

Andrew Roberts / Claire Milverton

FTI Consulting 020 3727 1000

Dwight Burden / Alex Le May

N+1 Singer 020 7496 3000

Shaun Dobson / Lauren Kettle

About 1Spatial

1Spatial plc is a group of market leading software and solutions companies trading under the brands 1Spatial and EnablesIT

1Spatial

1Spatial manages the world's largest spatial data and works with users and creators of the largest geospatial databases, helping them collect, store, manage and interpret location-specific information. 1Spatial's clients include national mapping and cadastral agencies, utility and telecommunications companies, and government departments including emergency services, defence and census bureaus.

A leader in the field, 1Spatial has over forty years' experience and a record of continual innovation and development. Today, with an ever increasing reliance on spatial and location-critical data, demand for our expertise has never been greater.

1Spatial operates globally, and has a portfolio of customers both in the Commercial and Government sector, with headquarters in Cambridge, UK and offices in the US, France, Belgium, Ireland and Australia.

Enables IT

EnablesIT provides IT Managed Services. It offers public, private and hybrid cloud offerings with everything from Backup-as-a-Service through to managed desktops. Their end-to-end IT capability provides everything from consultancy and project management, to the installation of physical infrastructure.

Clients trust Enables IT to manage their systems and secure their data. From Healthcare to Education and from Financial Services to Legal, leading organisations rely on EnablesIT to ensure their IT is an asset, not a liability.

To find our more, visit www.1spatial.com

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

September 11, 2017 02:01 ET (06:01 GMT)

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