Schedule 1 - IQ Holdings plc

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

IQ Holdings plc (to be changed on Admission to 1Spatial Holdings plc)

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Registered office:

Radbourne

56 Kenilworth Road

Leamington Spa

Warwickshire CV32 6JW

Trading address on Admission to be:

Tennyson House Cambridge Business Park Cambridge Cambridgeshire CB4 0WZ

COUNTRY OF INCORPORATION:

UK

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.iqholdings.co.uk to change to www.1spatial.com on Admission

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

IQ Holdings plc is acquiring 1Spatial Group Limited via a reverse takeover. 1Spatial is a leading UK provider of products and services that enable clients to collect, audit, manage, modify and reuse geospatial (location based) data. Current clients include Ordnance Survey, Environment Agency, Cable and Wireless, Royal Air Force, and The Scottish Government

The Company provides an intelligent data quality and integration platform for organisations worldwide that need to trust their location-based information. The solutions and services provided are well suited for organisations, which handle high volumes of business critical location-based data. To date, 1Spatial has had significant success in the UK & Ireland, Mainland Europe and Asia Pacific and, therefore, the priority focus will remain on these geographic segments.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

No of ordinary shares to be Admitted to AIM (nominal value 4 p): 21,197,099

ISIN code GB00B4R5B464

There are no restrictions on transferability and there are no shares held in Treasury

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Funds raised: £0

Expected Market Cap: £10.6 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

Shares not in public hands: 19,076,570

% not in public hands: 90%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

N/A.

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Directors:

David Jeffrey Marks (Chairman)

Julian Everard Green (Director)

Russell Darvill (Director)

Proposed Directors:

Stephen (Steve) Ronald Berry (Non-executive Chairman)

Nicholas (Nic) John Snape (Chief Executive Officer)

Dr Michael (Mike) Stephen Sanderson (Director of Strategic Development)

Peter Charles Bullock (Finance Director)

Duncan James Guthrie (Sales Director)

Marcus Hanke (Non-executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Significant shareholders before Admission:

Shares % before Admission

Significant shareholders after Admission:

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None.

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 30 June

(ii) 30 June 2010

(iii) Interim report for the period ended 31 December 2010 by 31 March 2010.

Annual audited accounts for the period ended 30 June 2011 to be published by 31 December 2011.

Half Yearly report for the period ended 31 December 2011 to be published by 31 March 2012.

EXPECTED ADMISSION DATE:

19 October 2010

NAME AND ADDRESS OF NOMINATED ADVISER:

Libertas Capital Corporate Finance Limited

16 Berkeley Street

London W1J 8DZ

NAME AND ADDRESS OF BROKER:

Rivington Street Corporate Finance Limited

3rd Floor

5-11 Worship Street

London EC2A 2BH

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Libertas Capital Corporate Finance Limited

16 Berkeley Street

London W1J 8DZ

DATE OF NOTIFICATION:

4 October 2010

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