Change in Regulatory Status

RNS Number : 0271J

GLI Finance Limited

31 March 2015

 

31 March 2015

GLI Finance Limited

("GLI" or the "Company")

Change in Regulatory Status

Further to GLI's announcement on 17 February 2015 of the Company's application to the Guernsey Financial Services Commission ("GFSC") to change its regulatory status, GLI confirms that, with effect from 27 March 2015, the Company ceased to be authorised by the GFSC as an Authorised Collective Investment Scheme and has been registered with the GFSC as a Non-regulated Financial Services Business.

For further information, please contact:

GLI Finance Limited

Geoffrey Miller

[phone]

[phone]

Panmure Gordon (Nominated Adviser and Corporate Broker)

Dominic Morley

[phone]

Peter Steel

[phone]

Tom Salvesen

[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 and is quoted on the AIM market of the London Stock Exchange (ticker GLIF). 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.

 

END

 

 

MSCBXGDXCXXBGUB