17 Jun 2016 13:10
17 June 2016
GLI Finance Limited
("GLI" or the "Company")
Publication of Bond Circular
The board of GLI wishes to announce that, following the Company's announcement on 16 May 2016, the Company has today posted a document to its shareholders providing further details of the terms of a proposed £3.5 million bond issue through UK Bond Network Limited.
Eligible Investors who wish to access further details and participate in the UK Bond Network Issue will need to become a member of UK Bond Network's platform. Eligible Investors should register at https://www.ukbondnetwork.com/investors/sign-up.
The Company's current intention is for the closing of the UK Bond Network Issue to coincide with the Completion of the Acquisitions on or around 30 June 2016.
Copies of the document are available on the Company's website at the following address: http://investor-relations.glifinance.com/investor-relations/shareholder-circulars/2016.aspx.
For further information, please contact:
GLI Finance Limited
Andy Whelan
+44 (0)1534 708900
Panmure Gordon (Nominated Adviser and Corporate Broker)
Dominic Morley
+44 (0)20 7886 2954
Peter Steel
+44 (0)113 357 1152
Charles Leigh Pemberton
+44 (0)20 7886 2906
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 (ticker GLIF (Ord) and GLIZ (2019 ZDP)). The loans are provided to SMEs through a variety of finance platforms in which GLI Finance 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 Global trade Finance, UK and US SME Lending, Offshore Lending, UK invoice discounting, European invoice discounting, Global multi-asset crowd funding and UK property-backed lending.
About UK Bond Network
UK Bond Network is an online platform which enables sophisticated, HNW and professional investors to invest in bonds issued by quoted and unquoted British businesses. They conduct professional due diligence on every transaction, provide certainty of funding for borrowers, and
place great emphasis on giving both investors and businesses the control, transparency and
flexibility they need.
GLI has a minority equity investment in UK Bond Network through UK Bond Network's parent
company, UK Bond Network Group. Further information on UK Bond network can be found on their website www.ukbondnetwork.com.