Dividend Declaration

RNS Number : 1666Z

GLI Alternative Finance PLC

25 May 2016

 

GLI Alternative Finance plc (the "Company")

Dividend Declaration

25 May 2016

The Directors of the Company today announce the seventh dividend for the period from the Company's Admission on 23 September 2015 to 30 April 2016:

Dividend amount:	0.55p per Ordinary Share
Ex-date:	02 June 2016
Record date:	03 June 2016
Payment date:	24 June 2016

In aggregate, the Company has declared dividends of 3.75p per Ordinary Share for the period from the Company's Admission on 23 September 2015 to 30 April 2016.

Going forward, the Company intends to pay dividends to shareholders on a monthly basis.

As stated in the Company's Prospectus, the Company has elected to designate all of the seventh dividend for the period ended 30 April 2016 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 5pm on Friday 3 June 2016.

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

 

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