SCRIP DIVIDEND SHARES - ADDITIONAL LISTING

RNS Number : 1791K

GLI Finance Limited

24 December 2015

 

24 December 2015

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 July 2015 to 30 September 2015
Dividend amount per share:	1.25 pence
Scrip dividend price per share:	50.38 pence
Payment date/Allotment of scrip:	29 December 2015
Number of new shares to be issued:	357,499

Application has been made to the London Stock Exchange for 357,499 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 third quarter of 2015. Dealings are expected to commence at 8:00 a.m. on 29 December 2015.

On admission of the scrip dividend shares, the Company's issued share capital will consist of 214,917,364 ordinary shares. Following the admission of the Placing Shares (as defined in the announcement released by the Company on 21 December 2015) on or around 31 December 2015, the Company's issued share capital will consist of 229,917,364 ordinary shares.

GLI Finance Limited

Andy Whelan

[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. 

 

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