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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
7th Nov 20144:30 pmPRNSubscription
5th Nov 20147:00 amPRNUpdate on GIS
6th Oct 201410:43 amPRNHolding(s) in Company
2nd Oct 20146:20 pmRNSHolding(s) in Company
1st Oct 20143:40 pmPRNInvestments and Implementation of Investing Policy
30th Sep 20144:50 pmPRNAcquisition of 3.05% of Hume Capital plc
22nd Sep 201410:49 amPRNEstablishment of Share Incentive Plan and EBT
18th Sep 201412:17 pmPRNResult of General Meeting
10th Sep 20144:08 pmPRNHolding(s) in Company
3rd Sep 20145:14 pmPRNNotice of General Meeting
18th Aug 201412:40 pmPRNHolding(s) in Company
6th Aug 201410:21 amPRNHolding(s) in Company
25th Jul 20142:28 pmPRNHolding(s) in Company
16th Jul 20147:00 amPRNDirectorate Change
15th Jul 20145:54 pmPRNExercise of Warrants
7th Jul 20146:09 pmPRNHolding(s) in Company
7th Jul 20147:00 amPRNRecord month at GIS
11th Jun 20147:00 amPRNUpdate on GIS
5th Jun 20147:00 amPRNBoard Changes
27th May 20147:00 amPRNChange of Adviser
12th May 20147:00 amPRNTrading Statement
10th Apr 20147:00 amPRNFurther re Investment in Global Investment Strategy
3rd Apr 20147:00 amPRNFinal Results
31st Mar 20143:31 pmPRNTotal Voting Rights
27th Mar 20147:00 amPRNInvestment in Global Investment Strategy UK Limited
18th Mar 20142:33 pmPRNHolding(s) in Company
7th Mar 20149:49 amPRNHolding(s) in Company
28th Feb 20147:00 amPRNIssue of Equity
28th Feb 20147:00 amPRNTotal Voting Rights
25th Feb 201411:16 amPRNHolding(s) in Company
7th Feb 201411:57 amPRNIssue of Equity
7th Feb 20148:25 amPRNHolding(s) in Company
31st Jan 201412:10 pmPRNTotal Voting Rights
8th Jan 201411:00 amPRNStatement re Share Price Movement
3rd Jan 20147:00 amPRNIssue of Equity
19th Dec 20135:18 pmPRNDirectorate Change
9th Dec 20131:24 pmPRNHalf-yearly Report
5th Dec 201311:51 amPRNResult of AGM
22nd Nov 20137:00 amPRNChange of Name, Registered Office and Directors
11th Nov 20133:33 pmPRNNotice of AGM
9th Oct 201311:53 amPRNHolding(s) in Company
7th Oct 20132:48 pmPRNChange of Registered Office
7th Oct 20131:36 pmPRNHolding(s) in Company
2nd Oct 201311:16 amPRNResult of General Meeting
25th Sep 20137:00 amPRNFinal Results
10th Sep 20137:00 amPRNDisposal, Subscription and Capital Reorganisation
7th Aug 201311:52 amPRNHolding(s) in Company
19th Mar 20137:00 amPRNAdviser Change of Name
21st Dec 20127:00 amPRNHalf-yearly Report
30th Nov 20122:40 pmPRNHolding(s) in Company

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