GLIF.L Regulatory News (GLIF)

2 May 2017

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

Investment in second securitised loan note SPV

GLI announces that Sancus BMS Group Limited ("Sancus"), a wholly owned subsidiary of GLI, has subscribed for £3 million of redeemable preference shares in a newly established special purpose vehicle (the "SPV"), which was satisfied by the transfer of cash to the SPV.

The SPV has simultaneously raised a further £11.45 million through the issue of senior notes to external investors, closing its fund raising on 31 March 2017. The senior notes were admitted to the Official List of The International Stock Exchange (formerly the Channel Islands Securities Exchange) on 13 April 2017.The funds in the SPV will be used to make loans which will be arranged by Sancus and its subsidiaries.

Over the two year life of the SPV, Sancus's return is expected to be materially comparable to that which it currently earns on its lending business.

The SPV's loan portfolio will be managed by Amberton Asset Management Limited.

Commenting on the investment, Andy Whelan, the Chief Executive of GLI and Sancus said:

The establishment of this series of loan note SPVs is an important part of our funding strategy to expand the lending operations of Sancus. We were pleased to see the continuing interest from the market to participate in this second SPV, and through this mechanism, in the loans arranged by Sancus.

For further information, please contact:

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 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.