SCRIP DIVIDEND SHARES - ADDITIONAL LISTING

RNS Number : 7931C

GLI Finance Limited

20 April 2017

 

20 April 2017

GLI FINANCE LIMITED ("GLI" or the "Company")

SCRIP DIVIDEND SHARES - ADDITIONAL LISTING

The GLI Board wishes to confirm the following in respect of the scrip dividend:

Dividend period:	1 October 2016 to 31 December 2016
Dividend amount per share:	0.625 pence
Scrip dividend price per share:	22.23 pence
Payment date/Allotment of scrip:	21 April 2017
Number of new shares to be issued:	2,767,586

Application has been made to the London Stock Exchange for 2,767,586 ordinary shares to be admitted to trading. These ordinary shares are to be issued as a scrip dividend alternative to receiving a cash dividend in respect of the dividend for the fourth quarter of 2016. Dealings are expected to commence at 8:00 a.m. on 21 April 2017.

On admission of the scrip dividend shares, the Company's issued ordinary share capital will consist of 312,065,699 ordinary shares. All of these ordinary shares carry voting rights of one vote per ordinary share. No shares are held in treasury and so the total number of voting rights in the Company following admission will be 312,065,699 and this figure should be used by shareholders following admission as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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 Limited

GLI is an AIM listed innovative alternative finance business, which owns a niche SME lender, Sancus BMS that operates in 6 jurisdictions -  UK, Ireland, Jersey, Guernsey, Gibraltar and the Isle of Man, and a portfolio of emerging FinTech SME-focussed lending platforms that are located on 3 continents. 

 

END

 

 

MSCUKVKRBRASAAR