27th Jul 2015 08:30
FOR IMMEDIATE RELEASE 27 July 2015
Octagonal plc
("Octagonal" or the "Company")
GIS June Quarter Trading figures
Octagonal Plc (AIM: OCT), announces that, further to the 6th July 2015 announcement of Global Investment Strategy UK Ltd's ("GIS") June quarterly performance, GIS can now update investors with the financial results of GIS for this quarter. Accordingly, GIS announces an unaudited turnover of £1.34m and a net operating profit of £534,000 for the 1st quarter. The Company, although it does not intend to report quarterly going forward, has taken this opportunity to update the market given Octagonal's recent acquisition of GIS.
As previously notified GIS reported full year turnover for the year to 31 March 2015 of £3.3m (audited), represented strong growth of 30% on 2014.
Octagonal's CEO John Gunn commented;
"We have had an excellent start to the current financial year. The business has produced record transaction quantities over this period and we continue to see strong new business generation."
Enquiries:
Octagonal plc John Gunn Nilesh Jagatia
|
+44 (0) 207 048 9400 +44 (0) 207 048 9400 |
Beaumont Cornish Limited Nominated Adviser James Biddle/ Roland Cornish
| +44 (0) 207 628 3396
|
Northland Capital Partners Limited | +44 (0) 20 7382 1100 |
Broker
Patrick Claridge/ John Howes/ David Hignell
Related Shares:
OCT.L