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Octagonal Plc – How is one of its legacy investments performing?

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- Tom Winnifrith

On 12 June 2015, Octagonal Plc (OCT) issued a document entitled “Proposed Acquisition and Shareholder Circular” in connection with the proposed acquisition of Global Investment Strategy Limited.

Within this document was a note that explained that Global Investment Strategy Limited had a number of legacy investments including an investment in an entity called City Golf Clubs Limited which was recorded at a carrying value of £240,000 as shown below:

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