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Trading Statement

12 May 2014 07:00

OCTAGONAL PLC - Trading Statement

OCTAGONAL PLC - Trading Statement

PR Newswire

London, May 9

12 May 2014 Octagonal Plc ("Octagonal" or the "Company") Global Custody and Clearing Specialist, GIS, reports record year. Octagonal Plc (LSE AIM: OCT) announces exceptionally strong full year growthfrom its 9.97% investment in boutique international custodial and settlementbusiness, Global Investment Strategy UK Ltd ("GIS"), for the year ended 31March 2014. Highlights: * 79% increase in revenue to £2,550,800 (unaudited) in the year ended 31 March 2014. * 143% increase in global custody, settlement and trading transactions to 50,500 transactions. * 228 new professional accounts opened with GIS during the year. * Settlement values exceeded £4.8 billion for the year. Global Investment Strategy UK Ltd - Unaudited Full Year Results to 31 March 2014: GIS's main business activities are focused on global settlement and safecustody services for over 300 global hedge funds and family wealth offices. GIS is a London Stock Exchange member firm and is regulated by the FCA to offera broad scope of settlement, custody, banking, broking and advisory services toprofessional, retail, corporate and eligible counterparty clients. GIS has over100 counterparty relationships including most major international investmentsbanks transacting in the UK. GIS's revenues for the year ended 31 March 2014 grew 78.8% to £2,550,800(unaudited) versus £1,426,077 for the year ended 31 March 2013, whilst custody,settlement and trading handled over 50,500 transactions during the year versus20,700 in 2013, with settlement values in excess of £4.8 billion for the 31March 2014 year. For the month of March 2014 alone, GIS settled over 8,000 transactions for itscustody clients with a settlement value exceeding £1 billion. Donald Strang, the Company's Chairman commented: "GIS has had an exceptional year and we are expecting this rapid growth tocontinue in to the 2015 fiscal year. The Company will be working closely withthe GIS management in exploring ways of increasing our exposure to thisexciting global business headquartered here in London." For further information, contact: Octagonal plcDonald Strang/Hamish Harris +44 (0) 207 440 0640 Sanlam Securities UK LimitedSimon Clements/Catherine Miles/Virginia Bull +44 (0) 207 628 2200 Public Relations Square 1 ConsultingDavid Bick/Mark Longson +44 (0) 207 929 5599
Date   Source Headline
21st Jan 20217:00 amRNSCancellation - Octagonal plc
13th Jan 20211:15 pmRNSResult of AGM and Corporate Update
13th Jan 20217:00 amRNSHalf-year Report
11th Jan 20217:00 amRNSTrading and General Update
24th Dec 20201:04 pmRNSStatement re Suspension
24th Dec 20208:01 amRNSSuspension - Octagonal plc
21st Dec 20209:05 amRNSSecond Price Monitoring Extn
21st Dec 20209:00 amRNSPrice Monitoring Extension
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17th Dec 20204:35 pmRNSPrice Monitoring Extension
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17th Dec 20207:00 amRNSFinal Results
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11th Nov 202011:05 amRNSSecond Price Monitoring Extn
11th Nov 202011:00 amRNSPrice Monitoring Extension
11th Nov 20209:00 amRNSPrice Monitoring Extension
11th Nov 20207:00 amRNSTrading Update and Timing Update for Accounts
30th Sep 202011:33 amRNSUpdate on Accounts publication and Trading Update
12th May 20207:00 amRNSTrading Update for Trading Subsidiary
16th Mar 20202:06 pmRNSSecond Price Monitoring Extn
16th Mar 20202:00 pmRNSPrice Monitoring Extension
13th Nov 20197:00 amRNSHalf-year Report
18th Oct 201911:51 amRNSResult of AGM
25th Sep 20193:25 pmRNSFinal Results, Dividend declared and Notice of AGM
10th May 201910:07 amRNSDirector/PDMR Shareholding
7th May 201910:39 amRNSDirector/PDMR Shareholding
1st May 20197:00 amRNSTrading Update for Trading Subsidiary
1st Mar 20197:00 amRNSGIS Hong Kong subsidiary Update
28th Feb 20197:00 amRNSAppointment to subsidiary company board
8th Jan 201912:19 pmRNSGIS Hong Kong subsidiary Update
8th Nov 20184:30 pmRNSHalf-year Report
25th Oct 201811:53 amRNSResult of AGM
8th Oct 201812:53 pmRNSIssue of Equity
28th Sep 20185:31 pmRNSFinal Results
26th Sep 20187:00 amRNSHolding(s) in Company
25th Sep 201811:17 amRNSBoard Update
11th Jun 20184:58 pmRNSDirector/PDMR Shareholding
26th Apr 20182:00 pmRNSPrice Monitoring Extension
26th Apr 20187:00 amRNSTrading Update for Trading Subsidiary
28th Mar 20187:00 amRNSBoard Appointment
15th Jan 20184:32 pmRNSBoard Change
19th Dec 20172:20 pmRNSDirector's Dealing
24th Nov 20177:00 amRNSHalf-year Report
21st Nov 20177:00 amRNSUpdate on New Business Initiative
7th Nov 20177:00 amRNSDividend Declaration
31st Oct 20177:00 amRNSConfirmation of Capital Reduction
20th Oct 20177:00 amRNSTrading Update
2nd Oct 20177:00 amRNSTotal Voting Rights
28th Sep 201711:59 amRNSGrant of Director Options, PDMR Dealings
27th Sep 20172:56 pmRNSResult of AGM

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