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Record month at GIS

7th Jul 2014 07:00

OCTAGONAL PLC - Record month at GIS

OCTAGONAL PLC - Record month at GIS

PR Newswire

London, July 4

7 July 2014 Octagonal plc ("Octagonal" or the "Company") Record month at GIS Octagonal Plc (AIM: OCT), the investment company whose principal investment isa 9.97% equity stake in global custody and clearing company, Global InvestmentStrategy UK Ltd ("GIS"), announces a record month in June 2014 with over £1.1billion of transactions completed on behalf of GIS's professional andInstitutional clients, through over 8,000 individual transactions. Donald Strang, Octagonal's Chairman, commented: "We are pleased with the impressive growth of the GIS business in June, with arecord month for the value of transactions handled. We continue to work withGIS on ways of increasing our exposure to this fast growing sector which usesthe UK and GIS to transact and clear a wide variety of financial trades." About GIS: GIS is a London Stock Exchange member firm and is regulated by the FCA to offera broad scope of settlement, custody, banking, broking and advisory services toprofessional, retail, corporate and eligible counterparty clients. GIS has over100 counterparty relationships including most major international investmentsbanks transacting in the UK. GIS's main business activities are focused onglobal settlement and safe custody services for over 300 global hedge funds andfamily wealth offices. -END- Enquiries: Octagonal plc +44 (0) 20 7440 0640Donald StrangHamish Harris Cairn Financial Advisers LLP +44 (0) 20 7148 7900Nominated Adviser and BrokerJames Caithie / Jo Turner / CarolynSansom Square Consulting +44 (0) 20 7929 5599Public RelationsDavid Bick/ Mark Longson

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