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Octagonal PLC (OCT)

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Wednesday 24 August, 2016

Octagonal PLC

Director/PDMR Shareholding

RNS Number : 0528I
Octagonal PLC
24 August 2016
 

24 August 2016

 

 

Octagonal plc

("Octagonal" or the "Company")

 

Director/PDMR dealings

 

Octagonal plc have been informed today that on 23 August 2016, John Gunn, Chief Executive Officer, has purchased a total of 4,000,000 ordinary shares of 0.05p each in the Company ("Shares"):  2,500,000 Shares at 1.2 pence per Share, and 1,500,000 Shares at 1.245 pence per Share.

 

Accordingly Mr Gunn now holds 297,794,931 Shares, representing a holding of 53.16% of the Company's issued share capital.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

 

For further information please visit www.octagonalplc.com or contact:

 

Octagonal Plc

+44 (0) 20  7048 9400

John Gunn

 

 

 

Beaumont Cornish Limited (Nominated Adviser)

James Biddle / Roland Cornish

+44 (0) 20 7628 3396

 

 

Northland Capital Partners Limited (Broker)

 

Patrick Claridge / John Howes / David Hignell

+44 (0) 20 7382 1100

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.  

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

John Gunn

2

Reason for notification

a)

Position / status

Chief Executive Officer

b)

Initial notification

/Amendment

Initial

3

Details of the issueremission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Octagonal plc

b)

LEI

Not applicable

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description  of  the financial instrument, type of instrument

Identification code

Ordinary shares of 0.05 pence each in Octagonal plc

ISIN GB00BWWCHQ23

 

 

Nature of the transaction

Purchase of 4,000,000 ordinary shares

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.2 p  

1.245p

2,500,000

1,500,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

23 August 2016

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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