Great share to be in...10 Jul 2015 13:24
AIM dealmaker David Lenigas has now added stockbroking and financial services to his portfolio of businesses.
Octagonal (LON:OCT) has signed an agreement to acquire all of Global Investment Strategy UK.
Lenigas, chairman of several AIM listed companies, is named among a number of major shareholders which together will own just over 61% of the enlarged company. He is not, however, on the board which will comprise chairman Grant Roberts, chief executive John Gunn and finance director Nilesh Jagatia, as well as non-executive director Martin Davison.
GIS is growing fast, Lenigas told his followers on Twitter. “And for the record. All my shares in OCT will be locked in for a year. I like this business and growth a lot,” he added. Got to be worth a hold....