Octagonal PLC Director/PDMR Shareholding (0280R)

TIDMOCT

RNS Number : 0280R

Octagonal PLC

11 June 2018

11 June 2018

Octagonal PLC

("Octagonal" or the "Company")

Director/PDMR Shareholdings

The Company has been informed that today that John Gunn, Chief Executive Officer, has today purchased 500,000 Ordinary Shares of 0.05p each ("Ordinary Shares") at a price of 2.52p per Ordinary Share. At the same time Mr Gunn has gifted 2,000,000 Ordinary Shares currently held by him to his adult daughter for nil consideration (the "Share Gift"). Following the purchase and concurrent Share Gift, Mr Gunn's total shareholding in the Company is 299,044,931 Ordinary Shares representing 52.7 per cent. of the Company's issued share capital.

For further information please visit www.octagonalplc.com or contact:

 
                                        +44 (0) 20 
 Octagonal Plc                           7048 9400 
 John Gunn, CEO 
 
 Beaumont Cornish Limited (Nominated 
  Adviser and Broker)                   +44 (0) 20 
  James Biddle / Roland Cornish          7628 3396 
 www.beaumontcornish.com 
 

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,

John Gunn

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                      John Gunn 
---  ------------------------  ------------------------------ 
 2    Reason for notification 
---  -------------------------------------------------------- 
 a)   Position / status         Chief Executive Officer 
---  ------------------------  ------------------------------ 
 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                       213800ATS5XS3UN4TF15 
---  ------------------------  ------------------------------ 
 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 
       of instrument 
                                 ISIN GB00BWWCHQ23 
       Identification 
       code 
---  ------------------------  ------------------------------ 
      Nature of the             Purchase of ordinary shares 
       transaction               and then gift to adult child 
---  ------------------------  ------------------------------ 
 c)   Price(s) and                Price(s)      Volumes(s) 
       volumes(s)                 ------------  ----------- 
                                   2.52 pence    500,000 
                                  ------------  ----------- 
                                   Nil pence     2,000,000 
                                  ------------  ----------- 
---  ------------------------  ------------------------------ 
 d)   Aggregated information    n/a 
---  ------------------------  ------------------------------ 
 e)   Date of the transaction   11 June 2018 
---  ------------------------  ------------------------------ 
 f)   Place of the              LSE, AIM (XLON) 
       transaction 
---  ------------------------  ------------------------------ 
 

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

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 [e-mail] or visit www.rns.com.

END

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June 11, 2018 11:58 ET (15:58 GMT)