Tax Treatment of Dividend

RNS Number : 2786H

GLI Alternative Finance PLC

30 November 2015

 

GLI Alternative Finance plc (the "Company")

Tax Treatment of Dividend

30  November 2015

Further to the announcement on 25 November 2015 of the first dividend of the Company, as stated in the Company's Prospectus, the Company has elected to designate all of the first dividend for the period ended 31 October 2015 as an interest distribution to its shareholders.  In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.

Investors who are eligible to receive the interest distribution without deduction of UK tax should complete the Declaration of Eligibility Form which can be found on the Company's website www.glialternativefinance.com and return the form by post to the Registrar (Capita Asset Services) by close of business on Thursday 3 December 2015.

Enquiries to:
Elysium Fund Management Limited 1st Floor Royal Chambers St Julian's Avenue St Peter Port Guernsey GY1 3JX [e-mail] tel: [phone]	GLI Asset Management Limited Graham Glass / Geoff Miller [e-mail] tel: [phone]

 

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