8 Oct 2018 12:53
For immediate release
8 October 2018
Octagonal Plc
("Octagonal", the "Group" or the "Company")
GRANT OF SHARES
Octagonal Plc (LSE: OCT) is pleased to announce that the Company has awarded a total of 1,350,000 Ordinary 0.05 pence shares in the company to staff and employees that were in employment during the initial public floatation in July 2015 (the "Shares").
Application is being made for the 1,350,000 new shares to be admitted to trading on AIM ("Admission"), such Admission is expected to occur on or around 12th October 2018.
On Admission the Shares will rank pari passu in all respects with the existing ordinary shares of the Company, including the right to receive all dividends and other distributions declared after the date of their issue.
Following Admission of the Shares, the Company will then have 568,576,886 Ordinary Shares in issue with voting rights and admitted to trading on AIM. This figure may then be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
For further information please visit www.octagonalplc.com or contact:
Octagonal Plc | +44 (0) 20 7048 9400 |
John Gunn, Chairman Samantha Esqulant, CEO | |
Beaumont Cornish Limited (Nominated Adviser and Broker) James Biddle / Roland Cornish | +44 (0) 20 7628 3396 |
www.beaumontcornish.com |