Dividend Declaration

RNS Number : 1061Y

GLI Finance Limited

21 January 2014

 

21 January 2014

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

2013 Fourth Interim Dividend

The Board has declared a fourth interim dividend for 2013 covering the period from 1 October 2013 to 31 December 2013.

Distribution period:	1 October 2013 to 31 December 2013
Distribution amount per share:	1.25 pence
Ex-dividend date:	29 January 2014
Dividend record date:	31 January 2014
Last date to elect/revoke elections:	27 February 2014
Payment date/Allotment of scrip:	20 March 2014
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 GLIF 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 7 February 2014 to all eligible GLIF shareholders on the register as at the record date for the dividend, being 31 January 2014. Elections for the scrip dividend alternative will need to be received by the Company's receiving agent, Equiniti Limited, by 27 February 2014 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 2014 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:

Geoffrey Miller

GLI Finance Limited

[phone]

[phone]

Panmure Gordon

Dominic Morley

Fred Walsh

[phone]

Jack Hickey

FTI Consulting

[phone]

 

END

 

 

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