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28 Nov 2016 07:00
25 November 2016
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Octagonal plc
("Octagonal" or the "Company")
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Director/PDMR dealings
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Octagonal plc was informed today that on 23 November 2016, 24 November 2016 and 25 November 2016, Martin Davison, a Non-Executive Director, purchased 250,000 ordinary shares of 0.05p each in the Company ("Ordinary Shares") at 2 pence, 50,000 Ordinary Shares at 2 pence, and 1,000,000 Ordinary Shares at 2.05 pence respectively.
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Accordingly Mr Davison now holds 20,065,000 Shares, representing a holding of 3.58% of the Company's issued share capital.
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This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
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For further information please visit www.octagonalplc.com or contact:
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Octagonal Plc | +44 (0) 20 7048 9400 |
John Gunn | |
Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish | +44 (0) 20 7628 3396 |
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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.
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1 | Details Ā of Ā the Ā person Ā discharging Ā managerial Ā responsibilities Ā / Ā person Ā closely associated | |||||
a) | Name | Martin Davison | ||||
2 | Reason for notification | |||||
a) | Position / status | Non-Executive Director | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission 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 Ā of the financial instrument, type of instrument Identification code | Ordinary shares of 0.05 pence each in Octagonal plc ISIN GB00BWWCHQ23 Ā | ||||
Nature of the transaction | Purchase of 1,300,000 ordinary shares | |||||
Price(s) and volumes(s) | Ā
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d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 23 November 2016 24 November 2016 25 November 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
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