SCRIP DIVIDEND SHARES - ADDITIONAL LISTING

RNS Number : 9730I

GLI Finance Limited

15 September 2016

 

15 September 2016

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

SCRIP DIVIDEND SHARES - ADDITIONAL LISTING

The GLI Board wishes to confirm the following in respect of the scrip dividend:

Dividend period:	1 March 2016 to 30 June 2016
Dividend amount per share:	0.625 pence
Scrip dividend price per share:	28.375 pence
Payment date/Allotment of scrip:	16 September 2016
Number of new shares to be issued:	295,943

Application has been made to the London Stock Exchange for 295,943 ordinary shares to be admitted to trading. These ordinary shares are to be issued as a scrip dividend alternative to receiving a cash dividend in respect of the dividend for the second quarter of 2016. Dealings are expected to commence at 8:00 a.m. on 16 September 2016.

On admission of the scrip dividend shares, the Company's issued ordinary share capital will consist of 308,293,739 ordinary shares. All of these ordinary shares carry voting rights of one vote per ordinary share. The Company holds 214,417 shares in treasury and so the total number of voting rights in the Company following admission will be 308,079,322 and this figure should be used by shareholders following admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

GLI Finance Limited

Andy Whelan

[phone]

Panmure Gordon (Nominated Adviser and Corporate Broker)

Dominic Morley

[phone]

Peter Steel

[phone]

Charles Leigh-Pemberton

[phone]

Instinctif Partners (PR Advisor)

Tim Linacre/Nick Woods

[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 the AIM and its issued zero dividend preference shares are listed and traded on the main market of the London Stock Exchange (tickers GLIF and GLIS (Ord) and GLIZ (2019 ZDP)). Loans are provided to SMEs through a variety of finance platforms in which GLI Finance has an equity stake.

The platforms in which GLI Finance is invested vary by geography, industry, size of lending and by type of lending. They include UK and US SME Lending, Offshore Lending, UK and European Invoice Discounting, Supply Chain Finance, Global Trade Finance, and UK Property-Backed Lending.

 

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