21 Mar 2016 07:00
21 March 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 October 2015 to 31 December 2015 |
Dividend amount per share: | 0.625 pence |
Scrip dividend price per share: | 33.6 pence |
Payment date/Allotment of scrip: | 22 March 2016 |
Number of new shares to be issued: | 237,230 |
Application has been made to the London Stock Exchange for 237,230 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 2015. Dealings are expected to commence at 8:00 a.m. on 22 March 2016.
On admission of the scrip dividend shares, the Company's issued ordinary share capital will consist of 230,205,614 ordinary shares. All of these ordinary shares carry voting rights of one vote per ordinary share. There are no ordinary shares held in treasury and so the total number of voting rights in the Company following admission will be 230,205,614. The above figures 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 / Tom Salvesen
+44 (0)20 7886 2500
Peter Steel
+44 (0)113 357 1150
Camarco (PR Advisor)
Ed Gascoigne-Pees
+44 (0)203 757 4984
+44 (0)788 400 1949
Hazel Stevenson
+44 (0)203 757 4989
+44 (0)798 600 9720
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 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)). GLI Finance both invests in loans to SMEs and originates finance for SMEs through a variety of finance platforms.
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.