2014 Fourth Interim Dividend

RNS Number : 6821C

GLI Finance Limited

21 January 2015

 

21 January 2015

GLI Finance Limited (the "Company" or "GLI Finance")

2014 Fourth Interim Dividend

The Board has declared a fourth interim dividend for 2014 covering the period from 1 October 2014 to 31 December 2014.

Distribution period:	1 October 2014 to 31 December 2014
Distribution amount per share:	1.25 pence
Ex-dividend date:	29 January 2015
Dividend record date:	30 January 2015
Last date to elect/revoke elections:	27 February 2015
Payment date/Allotment of scrip:	20 March 2015
Scrip alternative in operation:	Yes

The scrip dividend alternative is being offered for this distribution to those investors who wish to receive additional shares in the capital of GLI Finance in lieu of a cash payment.  A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with Scrip dividend election forms (for those shareholders holding shares in certificated form) will be mailed on or around 9 February 2015 to all eligible GLIF shareholders on the register as at the record date for the dividend, being 30 January 2015. The circular will also be made available on the Company's website www.glifinance.com. Elections for the scrip dividend alternative will need to be received by the Company's receiving agent, Equiniti Limited, by 27 February 2015 by those investors who wish to receive shares in lieu of cash.

The price at which the scrip dividend shares will be issued will be calculated in accordance with the terms of the circular by reference to the average of the middle market prices derived from the AIM Appendix to the Daily Official List of the London Stock Exchange on the ex-dividend date being 29 January 2015 and the four subsequent dealing days.

Note: The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a regulatory information service.

For further information, please contact:

GLI Finance Limited

Geoffrey Miller

[phone]

[phone]

Panmure Gordon

Dominic Morley

[phone]

Peter Steel

[phone]

Camarco

Ed Gascoigne-Pees

[phone]

[phone]

About GLI Finance

GLI Finance is a specialist provider of finance to small and medium sized enterprises and is quoted on AIM. GLI Finance invests in peer to peer lending platforms and provides equity finance to SMEs through the platforms in which it invests.

 

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