16 Feb 2016 07:00
GLI Alternative Finance plc (the "Company")
Dividend Declaration
16 February 2016
The Directors of the Company today announce the fourth dividend for the period from the Company's Admission on 23 September 2015 to 31 January 2016:
Dividend amount: | 0.55p per Ordinary Share |
Ex-date: | 03 March 2016 |
Record date: | 04 March 2016 |
Payment date: | 30 March 2016 |
In aggregate, the Company has declared dividends of 2.10p per Ordinary Share for the period from the Company's Admission on 23 September 2015 to 31 January 2016.
Going forward, the Company intends to pay dividends to shareholders on a monthly basis.
As stated in the Company's Prospectus, the Company has elected to designate all of the fourth dividend for the period ended 31 January 2016 as an interest distribution to its shareholders. In doing so, the Company is taking advantage of UK tax treatment by "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income.
Investors who are eligible to receive the interest distribution without deduction of UK tax should complete the Declaration of Eligibility Form which can be found on the Company's website www.glialternativefinance.com and return the form by post to the Registrar (Capita Asset Services) by 5pm on Friday 4 March 2016.
Enquiries to:
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Elysium Fund Management Limited 1st Floor Royal Chambers St Julian's Avenue St Peter Port Guernsey GY1 3JX
elysium@elysiumfundman.com tel: +44 1481 810 100 | GLI Asset Management Limited Graham Glass
graham.glass@gli-am.com tel: +44 1481 708 240
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