19 Dec 2016 12:04
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.LISIN: GB00B0CL3P62 |
b) | Nature of the transaction | Acquisition of Ordinary Shares via scrip dividend issue |
c) | Price(s) and volume(s) | Price - 21.9p per shareVolume - 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
+44 (0)1534 708900
Liberum Capital (Nominated Adviser and Broker)
Steve Pearce
Chris Clarke
Jonathan Wilkes-Green
+44 (0) 207 100 2000
Instinctif Partners (PR Advisor)
Tim Linacre/Nick Woods
+44 (0)207 457 2020
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.