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Octagonal plc

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Octagonal plc
Company typePublic
AIM: OCT
AIM Component
IndustryFinancial services
Founded2007; 17 years ago (2007)
Headquarters,
UK
Key people
John W Gunn (chairman)
ProductsISA, Fixed rate bond
ServicesInvestment Management, Stockbroking, Corporate Finance, Custodian
Revenue£5.6 million (2017)[1]
£1.313 million (2017)[1]
£1.002 million (2017)[1]
SubsidiariesGlobal Investment Strategy UK Ltd
SynerGIS Capital
Websitegisukltd.com

Octagonal plc is a holding company headquartered in London. The company is listed on the London Stock Exchange and is a constituent of the FTSE AIM All-Share Index. Octagonal currently has a 100% stake in Global Investment Strategy UK Ltd or 'GIS'.[2][3]

History

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Octagonal was founded in 2007 as an investment company, and acquired a 9.97% stake in Global Investment Strategy in April 2014.[4][5] In 2015, Octagonal announced it had entered into a conditional agreement to acquire the remaining issued share capital of GIS.[6] Octagonal raised £1.7 million through a placing of new shares, and the acquisition constituted a reverse takeover under the AIM Rules for Companies.[7]

Global Investment Strategy UK Ltd was founded in 2002[8] and established in its current form in 2004,[9] by city deal maker John Gunn.[4]

In March 2017, Octagonal opened an office in Hong Kong.[10] In November 2017, GIS announced the soft launch of the SynerGIS Bond, a fixed-rate bond offered to retail investors.[citation needed]

Operations

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Global Investment Strategy UK Ltd or "GIS" is a financial services company headquartered in London. It is a member of the London Stock Exchange[11] and is regulated by the Financial Conduct Authority.[12] GIS is also a HMRC Authorized ISA Manager.[13]

Since 2015, GIS has administered over a quarter of a million transactions with settlement values exceeding £50 billion.[14]

References

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  1. ^ a b c "Annual Report 2017". Octagonal. Retrieved 19 March 2018.[dead link]
  2. ^ "Investments". www.octagonalplc.com. Retrieved 2018-03-20.
  3. ^ London Stock Exchange Profile."LSE", London Stock Exchange
  4. ^ a b "Private investor buys John Gunn's family office business". Wealth Manager. Retrieved 2018-03-20.
  5. ^ "Octagonal To Acquire 9.97% In Global Investment Strategy UK". 2014-03-27. Retrieved 2018-03-20.
  6. ^ "Global Investment Strategy In Reverse Takeover Of Octagonal (ALLISS)". MorningstarUK. Retrieved 2018-03-22.
  7. ^ "Kerman & Co LLP advises Octagonal PLC on its acquisition, placing and the admission of the enlarged group to trading on AIM | Kerman & Co". www.kermanco.com. Retrieved 2018-03-22.
  8. ^ "Global Investment Strategy UK Limited, Asset Management Arm: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-03-21.
  9. ^ Companies House Profile."Companies House", Companies House
  10. ^ "Octagonal Opens Hong Kong Office In Order To Seek Regulatory Approval". www.morningstar.co.uk. Retrieved 2018-03-20.
  11. ^ London Stock Exchange Profile."LSE", London Stock Exchange.
  12. ^ FCA Register."Financial Conduct Authority", Financial Conduct Authority.
  13. ^ "ISAs: list of authorised managers - GOV.UK". Retrieved 2018-03-20.
  14. ^ "Clearing and Safe Custody | Global Investment Strategy". www.gisukltd.com. Retrieved 2018-03-20.
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