GLI Finance Limited Director/PDMR Shareholding (2495S)

TIDMGLIF

RNS Number : 2495S

GLI Finance Limited

19 December 2016

19 December 2016

GLI Finance Limited

(the "Company" or "GLI Finance")

Director/PDMR Shareholding

The Company was today notified of the following share dealings executed today by persons discharging managerial responsibility as a result of the scrip dividend issue on 15 December 2016:

 
       Details of the person discharging managerial 
   1    responsibilities / person closely associated 
----  -------------------------------------------------------------------------------------------- 
 a)    Names                       Patrick Firth 
----  --------------------------  ---------------------------------------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------------------------------------- 
 a)    Position/status             Chairman 
----  --------------------------  ---------------------------------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
----  --------------------------  ---------------------------------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------------------------------- 
 a)    Name                        GLI Finance Limited 
----  --------------------------  ---------------------------------------------------------------- 
 b)    LEI                         N/A 
----  --------------------------  ---------------------------------------------------------------- 
 4     Details of the transaction(s): section to 
        be repeated for (i) each type of instrument; 
        (ii) each type of transaction; (iii) each 
        date; and (iv) each place where transactions 
        have been conducted 
----  -------------------------------------------------------------------------------------------- 
 a)    Description of the          Ordinary Shares in GLI Finance 
        financial instrument,       London Stock Exchange, AIM, GLIF.L 
        type of instrument          ISIN: GB00B0CL3P62 
        Identification code 
----  --------------------------  ---------------------------------------------------------------- 
 b)    Nature of the transaction   Acquisition of Ordinary Shares via scrip dividend issue 
----  --------------------------  ---------------------------------------------------------------- 
 c)    Price(s) and volume(s)      Price - 21.9p per share 
                                    Volume - 7,519 Ordinary Shares 
----  --------------------------  ---------------------------------------------------------------- 
 d)    Aggregated information 
        - Aggregated volume          7,519 Ordinary Shares purchased at a price of 21.9p per share 
        - Price 
----  --------------------------  ---------------------------------------------------------------- 
 e)    Date of the transaction     2016 -12- (15) GMT 
----  --------------------------  ---------------------------------------------------------------- 
 f)    Place of the transaction    Outside a trading venue 
----  --------------------------  ---------------------------------------------------------------- 
 

Following the above transactions, Patrick Firth's interest is in 271,049 Ordinary Shares, representing 0.09% of the Company's issued ordinary share capital with voting rights.

Name of authorised official of issuer responsible for making notifications:

PraxisIFM Trust Limited

Company Secretary to GLI Finance Limited

Enquiries

GLI Finance Limited

Andy Whelan

[phone]

Liberum Capital (Nominated Adviser and Broker)

Steve Pearce

Chris Clarke

Jonathan Wilkes-Green

[phone]

Instinctif Partners (PR Advisor)

Tim Linacre/Nick Woods

[phone]

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 (tickers GLIF and GLIS (Ord) and GLIZ (2019 ZDP)). Loans are provided to SMEs through a variety of finance platforms in which GLI 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 UK and US SME Lending, Offshore Lending, UK and European Invoice Discounting, Supply Chain Finance, Global Trade Finance and UK Property-Backed Lending.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 19, 2016 07:04 ET (12:04 GMT)