Apnt of Alternate Director /interim Audit Co Chair

RNS Number : 4136I

GLI Finance Limited

08 December 2015

 

8 December 2015

GLI FINANCE LIMITED ("GLI" or the "Company")

Appointment of Alternate Director
and interim Audit Committee Chairman

The GLI Board wishes to advise that Mr John Whittle has been appointed as an alternate director to Mr James Carthew and will act as the Company's interim chairman of the Audit Committee with immediate effect.

John has a background in large third party Fund Administration. He has worked extensively in high tech service industries and has in-depth experience of strategic development and mergers/acquisitions. He has experience of listed company boards as well as the private equity, property and fund of funds sectors. He is currently a director of International Public Partnerships Ltd (a member of the FTSE250), Starwood European Real Estate Finance Limited (listed on the main market of the London Stock Exchange), Toro Limited (admitted to trading on the Specialist Fund Market of the London Stock Exchange) and three companies admitted to trading on AIM, India Capital Growth Fund Ltd, Advance Frontier Markets Fund Ltd and Globalworth Real Estate Investment ("Globalworth"). John is also chairman of Globalworth's Audit and Remuneration Committees.

John, a Chartered Accountant, has also served as Finance Director of Close Fund Services 66 Limited (responsible for internal finance and client financial reporting), Managing Director of Hugh Symons Group PLC and Finance Director and Deputy MD of Talkland International Limited (now Vodafone Retail).

For further details, please contact:

GLI Finance Limited

Geoffrey Miller

[phone]

[phone]

Panmure Gordon (Nominated Adviser and Corporate Broker)

Dominic Morley / Tom Salvesen

[phone]

Peter Steel

[phone]

Camarco (PR Advisor)

Ed Gascoigne-Pees

[phone]

[phone]

Hazel Stevenson

[phone]

[phone]

About GLI Finance Limited

GLI Finance (www.glifinance.com) is a specialist provider of finance to small and medium sized enterprises.  Its ordinary shares are quoted on AIM and its issued zero dividend preference shares are listed and traded on the main market of the London Stock Exchange (ticker GLIF (Ord) and GLIZ (2019 ZDP)). GLI Finance both invests in loans to SMEs and originates finance for SMEs through a variety of finance platforms.  

The platforms in which GLI Finance is invested vary by geography, industry, size of lending and by type of lending. They include Global Trade Finance, UK and US SME Lending, Offshore Lending, UK invoice discounting, European invoice discounting, Global multi-asset crowd funding and UK property-backed lending.

Appendix 1: disclosures required pursuant to Rule 17 and Schedule 2(g) of the AIM Rules

Mr John Richard Whittle (age 60) is currently a director of, or during the past five years has been a director of, the following companies:

Current directorships	Previous directorships
International Public Partnerships Ltd	GS Volatility Strategy IC Ltd
India Capital Growth Fund Ltd	GS High Frequency
Mid Europa III Management Limited	MSS UK Property Index Fund Management Ltd
EMP Europe (CI) Limited (Mid Europa II)	Aurora II GP Ltd
Mid Europa IV Management Limited	Blue Skye GP Ltd
The Offshore Mutual Fund PCC Ltd	Merchant Asset Management (Guernsey) Limited
Guernsey International Management Company Limited	Avoca Senior Loans Europe Ltd
Perusa Partners Management Ltd	FTSE UK Commercial Property Index Fund Limited
CPL Guernsey Limited	Saunderton Data Centre GP Ltd
CPL GP Limited	The Sustainable Forestry ICC Ltd
Steadfast Capital III (GP) Ltd	Sustainable Teak and Agarwood IC Ltd
Advance Frontier Markets Fund Ltd	Sustainable Agroforestry IC Ltd
Starwood European Real Estate Finance Limited	Sustainable Red IC Ltd
Starfin Public GP Limited	Sustainable Earth IC Ltd
Toro Limited	GC Dynamic Investments ICC Ltd
Resonance Industrial Water Infrastructure Ltd	Dynamic Fund IC Limited
AMI Management Ltd	Sciens Acqua master Fund
AMI GP Ltd	MERCHANT FINANCING FUNDS ICC
B&Q (Retail) Guernsey Ltd	The Merchant Gemini Turnaround Fund IC
B&Q (Retail) Jersey Ltd	Aurora Russia Ltd
The IPM renewable Energy Fund ICC Ltd	Sciens Global Strategic Fund Ltd
The Solar Park Fund (GBP) IC Ltd	Guernsey Yacht Club LBG
Globalworth Real Estate Investments Limited	Pont du Val Ltd
Globalworth Investment Advisers Limited	Magaptera Ltd

Mr Whittle does not hold any shares in the Company.

Save as set out in this announcement, there are no further details to be disclosed under AIM Rule 17 or paragraph (g) of Schedule 2 to the AIM Rules in respect of Mr Whittle.

 

END

 

 

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