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Octagonal PLC (OCT)

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Monday 27 July, 2015

Octagonal PLC

June Quarter Trading Update

RNS Number : 1260U
Octagonal PLC
27 July 2015
 

FOR IMMEDIATE RELEASE                                                                          27 July 2015

 

Octagonal plc

("Octagonal" or the "Company")

 

 

GIS June Quarter Trading figures

 

Octagonal Plc (AIM: OCT), announces that, further to the 6th July 2015 announcement of Global Investment Strategy UK Ltd's ("GIS")  June quarterly performance, GIS can now update investors with the financial results of GIS for this quarter. Accordingly, GIS announces an unaudited turnover of £1.34m and a net operating profit of £534,000 for the 1st quarter. The Company, although it does not intend to report quarterly going forward, has taken this opportunity to update the market given Octagonal's recent acquisition of GIS.

 

As previously notified GIS reported full year turnover for the year to 31 March 2015 of £3.3m (audited), represented strong growth of 30% on 2014.

 

Octagonal's CEO John Gunn commented;

"We have had an excellent start to the current financial year. The business has produced record transaction quantities over this period‎ and we continue to see strong new business generation."

 

 

 

Enquiries:

 

Octagonal plc

John Gunn

Nilesh Jagatia

 

 

+44 (0) 207 048 9400

+44 (0) 207 048 9400

Beaumont Cornish Limited

Nominated Adviser

James Biddle/ Roland Cornish

 

+44 (0) 207 628 3396

 

Northland Capital Partners Limited

+44 (0) 20 7382 1100 

Broker

Patrick Claridge/ John Howes/ David Hignell                   

 


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