18th Nov 2016 17:53
18 November 2016
Octagonal plc
("Octagonal" or the "Company")
Director/PDMR dealings
Octagonal plc was informed today that on 16 November 2016 and 17 November 2016, Martin Davison, a Non-Executive Director, purchased 1,500,000 ordinary shares of 0.05p each in the Company ("Ordinary Shares") and 500,000 Ordinary Shares respectively, at a price of 1.8 pence per Share.
Accordingly Mr Davison now holds 18,765,000 Shares, representing a holding of 3.35% 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 |
Northland Capital Partners Limited (Broker) | |
Patrick Claridge / John Howes / David Hignell | +44 (0) 20 3861 6625 |
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 2,000,000 ordinary shares | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 16 November 2016 17 November 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (XLON) | ||||
Related Shares:
OCT.L