Director/PDMR Shareholding

RNS Number : 2495S

GLI Finance Limited

19 December 2016

 

19 December 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 15 December 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 - 21.9p per share Volume - 7,519 Ordinary Shares
d)	Aggregated information  - Aggregated volume - Price	7,519 Ordinary Shares purchased at a price of 21.9p per share
e)	Date of the transaction	2016 -12- (15) GMT
f)	Place of the transaction	Outside a trading venue

Following the above transactions, Patrick Firth's interest is in 271,049 Ordinary Shares, representing 0.09% 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]

Liberum Capital (Nominated Adviser and Broker)

Steve Pearce

Chris Clarke

Jonathan Wilkes-Green

[phone]

Instinctif Partners (PR Advisor)

Tim Linacre/Nick Woods

[phone]

About GLI Finance

GLI Finance (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 Finance 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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