Director/PDMR Shareholding

RNS Number : 3746K

GLI Finance Limited

20 September 2016

 

20 September 2016

GLI Finance Limited

(the "Company" or "GLI Finance")

Director/PDMR Shareholding

The Company was today notified of the following share dealings executed today by persons discharging managerial responsibility as a result of the scrip dividend issue on 16 September 2016:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Patrick Firth
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GLI Finance Limited
b)	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares in GLI Finance  London Stock Exchange, AIM, GLIF.L ISIN: GB00B0CL3P62
b)	Nature of the transaction	Acquisition of Ordinary Shares via scrip dividend issue
c)	Price(s) and volume(s)	Price - 28.375p per share Volume - 5,678 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price	5,678 Ordinary Shares purchased at a price of 28.375p per share
e)	Date of the transaction	2016 -09-16 GMT
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	Emma Stubbs
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	GLI Finance Limited
b)	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares in GLI Finance  London Stock Exchange, AIM, GLIF.L ISIN: GB00B0CL3P62
b)	Nature of the transaction	Acquisition of Ordinary Shares via scrip dividend issue
c)	Price(s) and volume(s)	Price - 28.375p per share Volume - 1,432 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price	1,432 Ordinary Shares purchased at a price of 28.375p per share
e)	Date of the transaction	2016 -09-16 GMT
f)	Place of the transaction	Outside a trading venue

Following the above transactions, Patrick Firth's interest is in 263,530 Ordinary Shares, representing 0.09% of the Company's issued ordinary share capital with voting rights, and Emma Stubbs's interest is in 179,610 Ordinary Shares, representing 0.06% of the Company's issued ordinary share capital with voting rights.

Name of authorised official of issuer responsible for making notifications:

PraxisIFM Trust Limited

Company Secretary to GLI Finance Limited

Enquiries

GLI Finance Limited

Andy Whelan

[phone]

Panmure Gordon (Nominated Adviser and Corporate Broker)

Dominic Morley

[phone]

Peter Steel

[phone]

Charles Leigh Pemberton

[phone]

Instinctif Partners (PR Advisor)

Tim Linacre/Nick Woods

[phone]

About GLI Finance

GLI (www.glifinance.com) is a specialist provider of finance to small and medium sized enterprises. Its ordinary shares are quoted on the AIM and its issued zero dividend preference shares are listed and traded on the main market of the London Stock Exchange (tickers GLIF and GLIS (Ord) and GLIZ (2019 ZDP)). Loans are provided to SMEs through a variety of finance platforms in which GLI has an equity stake.

The platforms in which GLI is invested vary by geography, industry, size of lending and by type of lending. They include UK and US SME Lending, Offshore Lending, UK and European Invoice Discounting, Supply Chain Finance, Global Trade Finance and UK Property-Backed Lending.

 

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