Octagonal PLC Director/PDMR Shareholding (2166Y)

TIDMOCT

RNS Number : 2166Y

Octagonal PLC

07 May 2019

7 May 2019

Octagonal PLC

("Octagonal" or the "Company")

Director/PDMR Shareholdings

The Company has been informed that John Gunn, Chairman, on 3 May 2019 purchased 1,700,000 Ordinary Shares of 0.05p each ("Ordinary Shares") at a price of 1.4788 pence per Ordinary Share. Mr Gunn's total shareholding in the Company is now 300,744,931 Ordinary Shares representing 52.89 per cent. of the Company's issued share capital.

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

 
Octagonal Plc                                     [phone] 
John Gunn, Chairman 
 
Beaumont Cornish (Nominated Adviser and Broker) 
 James Biddle / Roland Cornish                    [phone] 
 

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                        John Gunn 
     --------------------------  ---------------------------------------------------- 
 2    Reason for notification 
     -------------------------------------------------------------------------------- 
 a)   Position / status                      Executive Chairman 
     --------------------------  ---------------------------------------------------- 
 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 the          Ordinary shares of 0.05 pence each 
       financial instrument,       in Octagonal plc 
       type of instrument          ISIN GB00BWWCHQ23 
       Identification code 
     --------------------------  ---------------------------------------------------- 
      Nature of the transaction                    Acquisition of 1,700,000 Ordinary 
                                                    Shares at a price of 1.4788 pence 
                                                    per Ordinary Share 
     --------------------------  ---------------------------------------------------- 
      Price(s) and volumes(s)       Price(s)                Volumes(s) 
                                          (i) 1.4788 per 
                                           Ordinary Share    1,700,000 
                                                            ----------- 
     --------------------------  ---------------------------------------------------- 
 d)   Aggregated information      n/a 
     --------------------------  ---------------------------------------------------- 
 e)   Date of the transaction     3 May 2019 
     --------------------------  ---------------------------------------------------- 
 f)   Place of the transaction    AIM 
     --------------------------  ---------------------------------------------------- 
 

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May 07, 2019 05:39 ET (09:39 GMT)