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GIS Hong Kong subsidiary Update

1st Mar 2019 07:00

RNS Number : 5096R
Octagonal PLC
01 March 2019
 

1 March 2019

Octagonal plc

("Octagonal" or the "Company")

 

GIS Hong Kong subsidiary Update

 

Further to the announcement dated 8th January 2019, Octagonal Plc is pleased to announce that it has had formal confirmation from the Securities and Futures Commission of Hong Kong (the "SFC"), that it has granted GIS FS (HK) Ltd, a wholly owned of the Company's wholly owned subsidiary GIS, the licence to carry on regulated activity and have further approved John Gunn and Stephen Marcon as RO's (Responsible Officers). The Company will now commence operations in Hong Kong including the provision of Type 1 regulated activity(ies) for professional clients under the Securities and Futures Ordinance (SFO). This Type 1 regulated activity(ies) includes the provision of dealing in securities, stock options, and bonds, but also includes the provision of providing other additional GIS core services such as safe custody and trade settlement.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

 

For further information please visitwww.octagonalplc.com or contact:

 

Octagonal Plc

+44 (0) 20 7048 9400

John Gunn, Chairman

 

 

 

Beaumont Cornish (Nominated Adviser and Broker)

James Biddle / Roland Cornish

+44 (0) 20 7628 3396

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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