Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOCT.L Regulatory News (OCT)

  • There is currently no data for OCT

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Update on New Business Initiative

21 Nov 2017 07:00

RNS Number : 0340X
Octagonal PLC
21 November 2017
 

21 November 2017

Octagonal plc

("Octagonal" or the "Company")

 

Octagonal PLC to launch consumer investment bond offering via SynerGIS

Octagonal announces soft launch of the SynerGIS bond offering through subsidiary Global Investment Strategy UK Ltd - now available for pre-registration

 

Octagonal PLC (AIM: OCT), is pleased to announce, the soft launch of the SynerGIS consumer investment bonds - backed by majority owned parent company, Global Investment Strategy UK Ltd ("GIS"), its wholly owned subsidiary.

The offering - a fixed-rate, fixed-term bond for UK resident consumers, savers and investors - is expected to launch early 2018. As of today, investors can register and open their accounts: https://www.synergisbonds.com/

The key highlights of the product:

· A fixed-rate, fixed-term bond for UK resident savers and investors

· Bonds are available via ISA as GIS is an HMRC registered manager

· Operating with low overheads, while using the experience and support of parent company GIS as an established financial institution, allows SynerGIS to be innovatively agile - offering exceptional levels of investment security with highly competitive returns

· Consumers will be able to invest a minimum of £1,000, up to a maximum of £250,000

· GIS is a participant in the Financial Services Compensation Scheme

John Gunn, Chairman and CEO of Octagonal comments:

"We see a lot of opportunity in the marketplace to cater to consumers who find savings deposits and ISA rates unattractively low, yet don't feel that their money will be safe with the alternative new market entrants. Our key competitive advantage lies in our ability to build on a decade of experience and know-how in wealth management operations. We are able to use the existing expertise, infrastructure and processes of GIS, keeping the overheads low and thus being able to invest in low risk, high quality assets to deliver attractive returns without taking any unnecessary risks. Unlike some of our competitors, we have been in the market for over a decade, and are able to benefit from a profitable, healthy core business."

-ENDS-

For further information please visit www.octagonalplc.com or contact:

Octagonal Plc

+44 (0) 20 7048 9400

John Gunn, CEO

 

 

 

Beaumont Cornish Limited (Nominated Adviser and Broker)

James Biddle / Roland Cornish

+44 (0) 20 7628 3396

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IODBIBDBDSDBGRG
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 amPRNTotal Voting Rights
28th Feb 20147:00 amPRNIssue of Equity
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

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.