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Octagonal PLC (OCT)

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Monday 11 June, 2018

Octagonal PLC

Director/PDMR Shareholding

RNS Number : 0280R
Octagonal PLC
11 June 2018
 

 

 

11 June 2018

Octagonal PLC

("Octagonal" or the "Company")

 

Director/PDMR Shareholdings

 

The Company has been informed that today that John Gunn, Chief Executive Officer, has today purchased 500,000 Ordinary Shares of 0.05p each ("Ordinary Shares") at a price of 2.52p per Ordinary Share.  At the same time Mr Gunn has gifted 2,000,000 Ordinary Shares currently held by him to his adult daughter for nil consideration (the "Share Gift"). Following the purchase and concurrent Share Gift, Mr Gunn's total shareholding in the Company is 299,044,931 Ordinary Shares representing 52.7 per cent. of the Company's issued share capital. 

 

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

 

Octagonal Plc

+44 (0) 20 7048 9400

John Gunn, CEO




Beaumont Cornish Limited (Nominated Adviser and Broker)

James Biddle / Roland Cornish

+44 (0) 20 7628 3396

www.beaumontcornish.com


 

 

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,

 

John Gunn

 

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

213800ATS5XS3UN4TF15

 

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 ordinary shares and then gift to adult child

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

2.52 pence

500,000

Nil pence

2,000,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

11 June 2018

f)

Place of the transaction

LSE, AIM (XLON)

 

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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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