Notice of AGM and Proposed Change of Company Name

RNS Number : 0846W

GLI Finance Limited

20 April 2021

 

20 April 2021

GLI Finance Limited

(the "Company")

Annual Report and Audited Financial Statements, Notice of Annual General Meeting and Proposed Change of Company Name

The Company announces that the Annual Report and Accounts for the year ended 31 December 2020, together with the Notice of Annual General Meeting (" AGM "), have today been sent to shareholders.

The AGM will be held at Block C, Hirzel Court, Hirzel Street, St Peter Port, Guernsey on Tuesday, 11 May 2021 at 10:30a.m.

A special resolution is being proposed at the AGM to change the name of the Company to Sancus Lending Group Limited, which reflects the ongoing simplification of the group and the increased focus of resources to delivering the business plan of its property focussed lending business.

Copies of the Notice of AGM and the Annual Report are available from the Company on request, or on its website via http://www.glifinance.com  

COVID-19 Measures

The Directors wish to reassure shareholders that the Company has considered the potential for impact on the AGM of the COVID-19 pandemic and restrictive measures in place as at the date of posting this Notice. It may be extremely challenging to hold the AGM in the format typically expected by shareholders. At the time of writing, mandatory self-isolation measures are in place in Guernsey requiring that anyone travelling to the island isolates for a minimum of fourteen days. It is possible that further restrictions around travel, within and to and from the island, and affecting public gatherings may be put in place before the scheduled date of the AGM which would preclude shareholders from being able to attend in person. Consequently, shareholders are asked not to attempt to attend the AGM and instead vote by proxy. The Board feels it is important to proceed with the AGM, noting that alternative practical arrangements may be required, such as an adjournment and possibly a change of time and venue.  In light of the present circumstances, a listen-only dial-in facility will be available to allow shareholders to listen to the AGM proceedings. Details of how to access this dial-in facility are available from the Company Secretary upon request.

The Directors strongly encourage shareholders to participate in the AGM by submitting any questions in advance and listening to the AGM remotely. Any specific questions on the business of the AGM and resolutions can be submitted ahead of the AGM by email to [e-mail]  

May we finally take this opportunity to encourage shareholders to use the online voting facilities, rather than posting a paper proxy card. Details on how to submit your proxy vote online or through CREST are set out in the Notice of AGM.

The Directors will continue to consider the latest instructions from relevant authorities in conjunction with guidance available from professional and regulatory bodies to ensure the AGM is held in accordance with its statutory requirements and with the Company's Articles.

For further information, please contact:

GLI Finance Limited

Andy Whelan

[phone]

Liberum Capital (Nominated Adviser and Corporate Broker)

Chris Clarke

Edward Thomas

[phone]

Instinctif Partners (PR Advisor)

Tim Linacre/Lewis Hill

[phone]

Praxis Fund Services (Company Secretary)

Matt Falla

Katrina Rowe

[phone]

LEI: 213800S2XOO3YSEGCA26

 

END

 

 

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