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Octagonal PLC (OCT)

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Friday 30 October, 2015

Octagonal PLC

Trading Statement

RNS Number : 9254D
Octagonal PLC
30 October 2015
 

FOR IMMEDIATE RELEASE                                                                          30 October 2015

 

Octagonal plc

("Octagonal" or the "Company")

 

 

Trading Statement

 

Octagonal Plc (AIM: OCT), announces that its wholly owned subsidiary Global Investment Strategy UK Ltd ("GIS"), has reported an unaudited net operating profit of £585,000 for the 6 months to 30 September 2015 on revenues of £2,088,000; this represents an increase in turnover of over 32% compared to the corresponding period of 2014.

Aggregate trade volumes exceeded 47,800 for the 6 month period, representing an increase of 34.5% over the corresponding period of 2014. 

Octagonal will publish its interim results for the 6 month period ended 30 September 2015 as soon as practicable.

CEO John Gunn comments;

"We have continued to see growth in both revenues and new client generation over this period. We remain focused on growing the business organically through our core activities and diversifying only into new areas that are earnings enhancing."

END.

 

 

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

Broker

Patrick Claridge/ John Howes/ David Hignell

 

+44 (0) 20 7382 1100 

                  

 


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