Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOCT.L Regulatory News (OCT)

  • There is currently no data for OCT

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
6th Sep 20174:46 pmRNSGrant of Director Shares and Options, PDMR Dealing
4th Sep 20177:00 amRNSFinal Results
30th Jun 20176:04 pmRNSTotal Voting Rights
7th Jun 20179:32 amRNSBoard Change
2nd Jun 20177:00 amRNSIssue of Equity
11th May 20177:00 amRNSDirector's Dealing
4th May 20177:00 amRNSTrading Update for Trading Subsidiary
22nd Mar 20177:00 amRNSNew Business Initiative
2nd Mar 20171:20 pmRNSProposed New Business Initiative
30th Nov 20165:44 pmRNSDirector/PDMR Shareholding
28th Nov 20167:00 amRNSDirector/PDMR Shareholding
18th Nov 20165:53 pmRNSDirector/PDMR Shareholding
15th Nov 201611:30 amRNSHalf-year Report
20th Oct 20164:40 pmRNSSecond Price Monitoring Extn
20th Oct 20164:35 pmRNSPrice Monitoring Extension
20th Oct 20167:00 amRNSTrading Update
26th Sep 201611:54 amRNSResult of AGM and Change of Broker
15th Sep 20164:33 pmRNSDirector/PDMR Shareholding
1st Sep 201611:47 amRNSDirector/PDMR Shareholding
25th Aug 20161:38 pmRNSDirector/PDMR Shareholding
24th Aug 20162:26 pmRNSDirector/PDMR Shareholding
19th Aug 20163:27 pmRNSReport & Accounts to 31 March 2016, Notice of AGM
28th Jul 20167:00 amRNSTrading Update
18th Jul 20164:34 pmRNSAccounts Update
27th Jun 20161:48 pmRNSHolding(s) in Company
11th May 20162:19 pmRNSHolding(s) in Company
29th Apr 20167:00 amRNSPost Close Trading Update
19th Apr 20166:04 pmRNSHolding(s) in Company
24th Mar 20164:24 pmRNSHolding(s) in Company
12th Jan 20167:00 amRNSDirector/PDMR Shareholding
11th Jan 20161:18 pmRNSHolding(s) in Company
30th Dec 20157:00 amRNSDirector/PDMR Shareholding
21st Dec 201512:11 pmRNSResult of AGM and Half Year Report
18th Dec 20157:00 amRNSHalf Yearly Report
27th Nov 20159:33 amRNSNotice of AGM
11th Nov 20157:00 amRNSBoard Appointment
30th Oct 20157:00 amRNSTrading Statement
27th Jul 20158:30 amRNSJune Quarter Trading Update
21st Jul 20156:03 pmRNSChange of Registered Office
6th Jul 20157:00 amRNSJune Quarter Trading performance
29th Jun 20155:40 pmRNSFinal Results
29th Jun 201511:15 amRNSResult of General Meeting
12th Jun 20157:00 amRNSSchedule 1 - Octagonal Plc
12th Jun 20157:00 amRNSProposed Acquisition and Shareholder Circular
15th Apr 20157:00 amPRNUpdate on GIS Investment
14th Apr 20153:11 pmPRNDirectorate Change
21st Jan 20153:30 pmPRNExercise of Warrants
12th Jan 201510:40 amPRNUpdate on GIS
16th Dec 201411:52 amPRNHalf-yearly Report
25th Nov 20144:22 pmPRNExercise of Warrants

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.