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Director/PDMR Shareholding

1 Sep 2016 11:47

RNS Number : 7139I
Octagonal PLC
01 September 2016
 

1 September 2016

 

 

Octagonal plc

("Octagonal" or the "Company")

 

Director/PDMR dealings

 

Octagonal plc was informed yesterday that on that date, Martin Davison, Non-Executive Director, purchased a total of 2,000,000 ordinary shares of 0.05p each in the Company ("Shares"): 1,000,000 Shares at 1.9 pence per Share, and 1,000,000 Shares at 1.95 pence per Share.

 

Accordingly Mr Davison now holds 15,015,000 Shares, representing a holding of 2.68% of the Company's issued share capital.

 

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

 

 

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

 

Octagonal Plc

+44 (0) 20 7048 9400

John Gunn

Beaumont Cornish Limited (Nominated Adviser)

James Biddle / Roland Cornish

+44 (0) 20 7628 3396

Northland Capital Partners Limited (Broker)

Patrick Claridge / John Howes / David Hignell

+44 (0) 20 3861 6625

 

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.

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  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  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 2,000,000 ordinary shares

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.9p

1.95p

 1,000,000

1,000,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

31 August 2016

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

 

 

 

 

 

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