| Strong growth metrics from GIS |
| n More than 12,000 transactions for the month of June, a record for Global Investment Strategy (GIS), Octagonal’s 100% owned UK-based settlements and global custody business. 50.3% increase in total settled transactions for Q1 over Q4 with total transactions >30,000. 120 new clients added in Q1.
n Octagonal, as a result of the Reverse Takeover, became the 100% owner of GIS on 30th June – it had previously had a 9.97% holding. |
| Northland Capital partners view on Octagonal PLC: Strong set of Q1 growth metrics for GIS that became a 100% subsidiary of Octagonal at the end of June. GIS is a financial services business offering a wide range of services to institutional, family office and high net worth clients. Its main business activity, accounting for approximately 80% of 2014 revenue, focuses on providing global settlement and safe custody services. It also offers a range of stockbroking services. The main focus this year will be on core activities and cash generation but it will look to further acquisitions in the medium term. |
Octagonal Plc Director Martin Davison has added more shares
12th January 2016
Octagonal (AIM: OCT) announces that it was informed yesterday that Martin Davison, a director of the Company, has acquired a total of 3,265,000 ordinary shares via his SIPP since 8 January 2016. Details of the purchases