REG - 1Spatial Plc - Directorate Change

1SpatialAnnouncement

15/12/2022 07:00

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RNS Number : 7618J  1Spatial Plc  15 December 2022

15 December 2022

1Spatial plc (AIM: SPA)

 

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

 

Directorate Change

 

1Spatial, (AIM: SPA), a global leader in Location Master Data Management
(LMDM) software and solutions, announces that, following two and a half years
with the Company, Andrew Fabian, Chief Financial Officer, will be resigning
from his position on the Board on 19 December 2022.  Andrew will remain with
the Company until the end of February 2023 to ensure a smooth handover.

 

During his time in this role, Andrew helped with the development of the
current growth strategy including the transition of the Group towards a
recurring revenue business model. The Board thanks him for his contribution
during this important time for 1Spatial and wishes him well for his future
endeavours.

 

1Spatial is pleased to announce the appointment to the Board of Stuart William
Ritchie, aged 43, as Chief Financial Officer with effect from 19 December
2022. Stuart is an experienced finance director, with a strong background in
publicly quoted international technology companies. Mr. Ritchie is currently
Group CFO at Fusion Global Limited, a provider of SaaS based workflow software
with £30m in annual revenue and operations across multiple territories, and
his previous roles include Global Head of Accounting and external reporting at
Zeal Network SE, a Frankfurt listed eCommerce group. Stuart is a chartered
accountant, having qualified with EY.

 

Andy Roberts, Non-Executive Chairman of 1Spatial, commented, "The Board and I
would like to thank Andrew for the role he has played in seeing 1Spatial
safely into its next stage of growth, providing the business with a solid
financial platform to support its evolving SaaS business model.

 

"We are delighted to welcome Stuart to the Board. With his experience in
international technology companies, we are confident he will provide great
financial leadership to the business alongside Claire and the team, as we seek
to capture the considerable opportunity ahead of us."

 

Mr. Ritchie neither holds, nor has held within the last five years, any
directorships or partnerships, and he holds no ordinary shares in 1Spatial.

 

Save as set out in this announcement, there are no further details to be
disclosed under Rule 17 or Schedule 2(g) of the AIM Rules for Companies in
respect of Mr. Ritchie.

 

 

For further information, please contact:

 1Spatial plc                                                          01223 420 414
 Claire Milverton

 Liberum (Nomad and Broker)                                            020 3100 2000
 Neil Patel / Cameron Duncan / Kate Bannatyne / Miquela Bezuidenhoudt

 Alma PR                                                               020 3405 0205
 Caroline Forde / Hannah Campbell / Stephen Samuel                     1spatial@almapr.co.uk

 

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit)
Regulations 2019.

 

About 1Spatial plc

 
Unlocking the Value of Location Data

 

1Spatial plc is a global leader in providing Location Master Data Management
(LMDM) software, solutions and business applications, primarily to the
Government, Utilities and Transport sectors via the 1Spatial platform. Our
solutions ensure data governance, facilitating the efficient, effective and
sustainable operation of customers around the world. Our global clients
include national mapping and land management agencies, utility companies,
transportation organisations, government and defence departments.

Today, when using and sharing trusted data provides significant opportunities
for businesses and governments to deliver against important sustainability and
Net Zero goals, our vision is clear: to make the world safer, smarter and more
sustainable by unlocking the value in data, enabling better decisions and
greater insights.

The 1Spatial platform is a comprehensive set of data and system agnostic LMDM
software components which helps ensure master data is compliant, current,
complete, consistent, and coordinated - and that customers can be confident it
will remain that way as it evolves. It allows them to master their data on any
device, anywhere, anytime and can be deployed as SaaS in the cloud,
on-premise, or as a hybrid of both.

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in
the UK, Ireland, USA, France, Belgium, Tunisia and Australia.

www.1spatial.com (http://www.1spatial.com)

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