OCT.L Regulatory News (OCT)

7 November 2014 Octagonal plc ("Octagonal" or the "Company") Subscription Octagonal plc is pleased to announce that the Company has raised £500,000through the subscription for 166,666,667 new ordinary shares of 0.05 pence eachin the Company (the "Subscription Shares") at a price of 0.30 pence perSubscription Share (the "Subscription Price") by existing shareholders and newinvestors (the "Subscription"). The Subscription is conditional only uponadmission of the Subscription Shares to trading on AIM ("Admission"). The net proceeds of the Subscription will strengthen the Company's balancesheet and provide working capital for the Company to investigate and implementacquisition and investment opportunities in accordance with the Company'sinvesting policy. The Subscription Shares will represent 16.85% of the enlarged issued sharecapital of the Company following Admission. Application has been made for the Subscription Shares to be admitted to tradingon AIM and it is anticipated that Admission will occur on 14 November 2014. Following Admission, the Company's enlarged issued share capital will comprise989,076,755 ordinary shares. The Company does not hold any shares in treasury.This figure of 989,076,755 ordinary shares may be used by shareholders in theCompany as the denominator for the calculations by which they will determine ifthey are required to notify their interest in, or a change in their interestin, the share capital of the Company under the FCA's Disclosure andTransparency Rules. Enquiries: Octagonal plc +44 (0) 20 7440 0640Donald Strang/Jason Berry/David Lenigas Cairn Financial Advisers LLP +44 (0) 20 7148 7900Nominated Adviser and BrokerJames Caithie/Jo Turner/Carolyn Sansom Square Consulting +44 (0) 20 7929 5599Public RelationsDavid Bick/ Mark Longson