TIDMOCT

RNS Number : 3085D

Octagonal PLC

08 October 2018

For immediate release

8 October 2018

Octagonal Plc

("Octagonal", the "Group" or the "Company")

GRANT OF SHARES

Octagonal Plc (LSE: OCT) is pleased to announce that the Company has awarded a total of 1,350,000 Ordinary 0.05 pence shares in the company to staff and employees that were in employment during the initial public floatation in July 2015 (the "Shares").

Application is being made for the 1,350,000 new shares to be admitted to trading on AIM ("Admission"), such Admission is expected to occur on or around 12(th) October 2018.

On Admission the Shares will rank pari passu in all respects with the existing ordinary shares of the Company, including the right to receive all dividends and other distributions declared after the date of their issue.

Following Admission of the Shares, the Company will then have 568,576,886 Ordinary Shares in issue with voting rights and admitted to trading on AIM. This figure may then be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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

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

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 rns@lseg.com or visit www.rns.com.

END

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October 08, 2018 07:53 ET (11:53 GMT)

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