Octagonal PLC Director/PDMR Shareholding (9920J)

TIDMOCT

RNS Number : 9920J

Octagonal PLC

15 September 2016

15 September 2016

Octagonal plc

("Octagonal" or the "Company")

Director/PDMR dealings

Octagonal plc was informed today that on 14 September 2016 Martin Davison, Non-Executive Director, purchased 1,750,000 ordinary shares of 0.05p each in the Company ("Shares") at 1.7 pence per Share.

Accordingly Mr Davison now holds 16,765,000 Shares, representing a holding of 2.99% 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 
 Octagonal Plc                           7048 9400 
 John Gunn 
 
 Beaumont Cornish Limited (Nominated 
  Adviser)                              +44 (0) 20 
  James Biddle / Roland Cornish          7628 3396 
 
 Northland Capital Partners Limited 
  (Broker) 
 Patrick Claridge / John Howes          +44 (0) 20 
  / David Hignell                        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      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            Ordinary shares of 0.05 pence 
       the financial             each in Octagonal plc 
       instrument, type          ISIN GB00BWWCHQ23 
       of instrument 
       Identification 
       code 
---  ------------------------  ------------------------------- 
      Nature of the             Purchase of 1,750,000 ordinary 
       transaction               shares 
---  ------------------------  ------------------------------- 
      Price(s) and                Price(s)   Volumes(s) 
       volumes(s)                 ---------  ----------- 
                                   1.7p       1,750,000 
                                  ---------  ----------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   14 September 2016 
---  ------------------------  ------------------------------- 
 f)   Place of the              London Stock Exchange, AIM 
       transaction               (XLON) 
---  ------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 15, 2016 11:33 ET (15:33 GMT)