News Column

Octagonal Up After Record Month For Global Investment Strategy

July 7, 2014

Steve McGrath

LONDON (Alliance News) - Octagonal PLC saw its shares rise Monday after it said its principle investment, custody and clearing company Global Investment Strategy UK Ltd, had a record month in June, with over GBP1.1 billion of transactions completed on behalf of its clients.

Octagonal has a 9.97% stake in Global Investment Strategy.

"We continue to work with GIS on ways of increasing our exposure to this fast growing sector which uses the UK and GIS to transact and clear a wide variety of financial trades," Octagonal Chairman Donald Strang said in a short statement.

Octagonal shares were up11.0% at 0.494 pence early Monday.

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Source: Alliance News

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