OCT Octagonal Plc

TIDMOCT

RNS Number : 6209Q

Octagonal PLC

30 November 2016

30 November 2016

Octagonal plc

("Octagonal" or the "Company")

Director/PDMR dealings

Octagonal plc was informed today that Martin Davison, a Non-Executive Director, today purchased 1,000,000 ordinary shares of 0.05p each in the Company ("Ordinary Shares") at 2.24 pence per Ordinary Share.

Accordingly Mr Davison now holds 21,065,000 Shares, representing a holding of 3.76% 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:

 
                                                +44 (0) 20 7048 
 Octagonal Plc                                   9400 
 John Gunn 
 
 Beaumont Cornish Limited (Nominated Adviser 
  and Broker)                                   +44 (0) 20 7628 
  James Biddle / Roland Cornish                  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         Initial 
       /Amendment 
---  ---------------------------  -------------------------------------- 
 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           Ordinary shares of 0.05 pence each 
       financial instrument,        in Octagonal plc 
       type of instrument           ISIN GB00BWWCHQ23 
       Identification code 
---  ---------------------------  -------------------------------------- 
      Nature of the transaction    Purchase of 1,000,000 ordinary shares 
---  ---------------------------  -------------------------------------- 
      Price(s) and volumes(s)        Price(s)   Volumes(s) 
                                     ---------  ----------- 
                                      2.24p      1,000,000 
                                     ---------  ----------- 
---  ---------------------------  -------------------------------------- 
 d)   Aggregated information       n/a 
---  ---------------------------  -------------------------------------- 
 e)   Date of the transaction      30 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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November 30, 2016 12:44 ET (17:44 GMT)

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