London-based investment firm Octagonal has acquired a 3.05% stake in Hume Capital Securities, a London Stockbroker that trades on AIM.

The financial terms of the transaction have not been disclosed.

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Octagonal said that Hume Capital’s primarily operates an independent asset management, private client and institutional stockbroking, and corporate finance advisory business.

In March this year, Octagonal has signed an agreement to acquire a 9.97% interest in Global Investment Strategy UK Limited (GIS), a London-based financial services firm trading in the global markets in a £800,000 cash deal.

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