1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

43.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 53.50
  • 52 Week Low: 35.00
  • Currency: UK Pounds
  • Shares Issued: 110.49m
  • Volume: 25,911
  • Market Cap: £47.51m
  • RiskGrade: 299

1Spatial signs multi-year contract with DEFRA

By Iain Gilbert

Date: Thursday 01 Apr 2021

LONDON (ShareCast) - (Sharecast News) - Software firm 1Spatial said on Thursday that it had secured a multi-year contract with the Department for Environment, Food and Rural Affairs.
1Spatial said the contract covered a recurring managed service, enabling DEFRA and the Rural Payments Agency to deliver its current basic payments scheme and be "an integral part" of the transition to a new environmental land management scheme as part of Downing Street's 25-year environment plan

The AIM-listed group said the total potential value of the contract over five years was in excess of £900,000, with the first three years being £600,000 with an option for DEFRA to extend for a further two years for £300,000.

1Spatial highlighted that the contract follows a previous one held by both 1Spatial and Version 1 providing a managed service for ongoing support and maintenance for the system.

Chief executive Claire Milverton said: "We are delighted to build on our work with Defra and Rural Payments Agency on their Land management System and to be an integral part in the important transition of developing their Environment Land Management Scheme in response to Defra's agricultural transition plan which is part of the UK Government's commitment to net-zero emissions by 2050."

As of 1250 BST, 1Spatial shares were up 3.01% at 47.90p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

1Spatial Market Data

Currency UK Pounds
Share Price 43.00p
Change Today -0.50p
% Change -1.15 %
52 Week High 53.50
52 Week Low 35.00
Volume 25,911
Shares Issued 110.49m
Market Cap £47.51m
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.02% below the market average57.02% below the market average57.02% below the market average57.02% below the market average57.02% below the market average
61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average61.29% above the sector average
Price Trend
63.48% above the market average63.48% above the market average63.48% above the market average63.48% above the market average63.48% above the market average
79.82% above the sector average79.82% above the sector average79.82% above the sector average79.82% above the sector average79.82% above the sector average
Income Not Available
Growth
12.08% above the market average12.08% above the market average12.08% above the market average12.08% above the market average12.08% above the market average
2.00% above the sector average2.00% above the sector average2.00% above the sector average2.00% above the sector average2.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

1Spatial Dividends

No dividends found

Trades for 27-May-2022

Time Volume / Share Price
16:31 10,000 @ 44.00p
15:41 5,000 @ 44.00p
11:55 29 @ 42.61p
09:23 6,523 @ 42.50p
09:20 4,000 @ 43.50p

1Spatial Key Personnel

CEO Claire Milverton
CFO Andrew Fabian

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