News Column

Update on GIS

June 10, 2014



11 June 2014Octagonal plc Update on GIS Octagonal Plc (AIM: OCT), the investment company whose principal investment is a 9.97% in global custody and clearing company, Global Investment Strategy UK Ltd ("GIS"), announces strong operational performance for GIS for the 2 month period for April and May 2014. Trading update * Total settled transactions for the combined months of April and May exceeded 12,000; * Settlement values for the two months exceed 1.6 billion. * GIS launches mini prime broker service for its global hedge fund clients. * GIS appointed investment advisor for the Seachange Capital Absolute Fund, a Cayman Islands-incorporated fund specialising in on-exchange option trading. About GIS: GIS's main business activities are focused on global settlement and safe custody services for over 300 global hedge funds and family wealth offices. GIS is a London Stock Exchange member firm and is regulated by the FCA to offer a broad scope of settlement, custody, banking, broking and advisory services to professional, retail, corporate and eligible counterparty clients. GIS has over 100 counterparty relationships including most major international investments banks transacting in the UK. 2 month trading update for GIS provided by its management: "We see continued opportunity for growth by developing the range of services we can offer our existing and developing client base. Our core activities remain robust." -END- Enquiries: Octagonal plc +44 (0) 20 7440 0640 Donald StrangHamish HarrisCairn Financial Advisers LLP +44 (0) 20 7148 7900 Nominated Adviser and Broker James Caithie / Jo Turner / Carolyn SansomSquare Consulting +44 (0) 20 7929 5599 Public Relations David Bick/ Mark Longson END The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.




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