16 Jun 2016 07:00
16 June 2016
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 January 2016 to 31 March 2016 |
Dividend amount per share: | 0.625 pence |
Scrip dividend price per share: | 31.35 pence |
Payment date/Allotment of scrip: | 17 June 2016 |
Number of new shares to be issued: | 270,015 |
Application has been made to the London Stock Exchange for 270,015 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 first quarter of 2016. Dealings are expected to commence at 8:00 a.m. on 17 June 2016.
On admission of the scrip dividend shares, the Company's issued share capital will consist of 230,475,629 ordinary shares. All of these ordinary shares carry voting rights of one vote per ordinary share. The Company holds 214,417 shares in treasury and so the total number of voting rights in the Company following admission will be 230,261,212 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
+44 (0)1534 708900
Panmure Gordon (Nominated Adviser and Corporate Broker)
Dominic Morley / Charles Leigh-Pemberton
+44 (0)20 7886 2500
Peter Steel
+44 (0)113 357 1150
Instinctif Partners (PR Advisor)
Tim Linacre/Nick Woods
+44 (0)207 457 2020
About GLI Finance Limited
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.