24 Aug 2016 14:26
24 August 2016
Octagonal plc
("Octagonal" or the "Company")
Director/PDMR dealings
Octagonal plc have been informed today that on 23 August 2016, John Gunn, Chief Executive Officer, has purchased a total of 4,000,000 ordinary shares of 0.05p each in the Company ("Shares"): 2,500,000 Shares at 1.2 pence per Share, and 1,500,000 Shares at 1.245 pence per Share.
Accordingly Mr Gunn now holds 297,794,931 Shares, representing a holding of 53.16% of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information please visit www.octagonalplc.com or contact:
Octagonal Plc | +44 (0) 20 7048 9400 |
John Gunn |
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Beaumont Cornish Limited (Nominated Adviser) James Biddle / Roland Cornish | +44 (0) 20 7628 3396 |
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Northland Capital Partners Limited (Broker) |
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Patrick Claridge / John Howes / David Hignell | +44 (0) 20 7382 1100 |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | John Gunn | ||||
2 | Reason for notification | |||||
a) | Position / status | Chief Executive Officer | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Octagonal plc | ||||
b) | LEI | Not applicable | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.05 pence each in Octagonal plc ISIN GB00BWWCHQ23
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| Nature of the transaction | Purchase of 4,000,000 ordinary shares | ||||
c) | Price(s) and volumes(s) |
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d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 23 August 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
OCT.L (OCT)