STOCKS NEWS EUROPE-1Spatial, Sound Oil outpace weak UK small caps

The FTSE small cap index and junior-listed AIM shares fall 0.2 percent and 0.4 percent, broadly in line with larger caps .

1Spatial rises 6 percent as the spatial data firm says it has enjoyed a solid performance in the 12 months to the end of January 2014 and expects its results for the year to be in line with market expectations.

The company, whose shares had fallen 42 percent since early January, adds it has entered the new financial year with an order backlog in excess of 7 million pounds ($11.76 million) and a significant pipeline of opportunities.

"Today's announcement should provide reassurance on the group's execution and the recent weakness should provide a buying opportunity for investors," analysts at N+1 Singer, which acts as a corporate broker and nominated adviser to the company, write in a note.

Shares in Sound Oil (LSE: SOU.L - news) rise 22.9 percent as Continental Investment Partners (Other OTC: PGPHF - news) agrees to inject 14 million pounds ($23.52 million) into the Mediterranean-focused upstream oil and gas company.

"These funds (net of expenses) will be utilized to fund the drill programme for the next year, including Nervesa and Badile," Sound Oil says in a statement. "The company continues to make progress on potential farm-ins and looks forward to updating shareholders in due course."

($1 = 0.5953 British Pounds)

Reuters messaging rm://francesco.canepa.thomsonreuters.com@reuters.net