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Director/PDMR Shareholding

28th Nov 2016 07:00

RNS Number : 2316Q
Octagonal PLC
25 November 2016
 

25 November 2016

 

 

Octagonal plc

("Octagonal" or the "Company")

 

Director/PDMR dealings

 

Octagonal plc was informed today that on 23 November 2016, 24 November 2016 and 25 November 2016, Martin Davison, a Non-Executive Director, purchased 250,000 ordinary shares of 0.05p each in the Company ("Ordinary Shares") at 2 pence, 50,000 Ordinary Shares at 2 pence, and 1,000,000 Ordinary Shares at 2.05 pence respectively.

 

Accordingly Mr Davison now holds 20,065,000 Shares, representing a holding of 3.58% 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

Beaumont Cornish Limited (Nominated Adviser)

James Biddle / Roland Cornish

+44 (0) 20 7628 3396

 

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

Martin Davison

2

Reason for notification

a)

Position / status

Non-Executive Director

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

 

Nature of the transaction

Purchase of 1,300,000 ordinary shares

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

2.0p

2.0p

2.05p

 

250,000

50,000

1,000,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

23 November 2016

24 November 2016

25 November 2016

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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