GLI Finance Limited SCRIP DIVIDEND SHARES - ADDITIONAL LISTING (7033R)

TIDMGLIF

RNS Number : 7033R

GLI Finance Limited

14 December 2016

14 December 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 July 2016 to 30 
                                      September 2016 
==================================  ================== 
 Dividend amount per share:          0.625 pence 
==================================  ================== 
 Scrip dividend price per share:     21.9 pence 
==================================  ================== 
 Payment date/Allotment of scrip:    15 December 2016 
==================================  ================== 
 Number of new shares to be 
  issued:                            317,590 
==================================  ================== 
 

Application has been made to the London Stock Exchange for 317,590 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 third quarter of 2016. Dealings are expected to commence at 8:00 a.m. on 15 December 2016.

On admission of the scrip dividend shares, the Company's issued ordinary share capital will consist of 309,298,113 ordinary shares. All of these ordinary shares carry voting rights of one vote per ordinary share. No shares are held in treasury and so the total number of voting rights in the Company following admission will be 309,298,113 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

[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 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 (tickers GLIF and GLIS (Ord) and GLIZ (2019 ZDP)). 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 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

DIVUORKRNUAUARA

(END) Dow Jones Newswires

December 14, 2016 02:00 ET (07:00 GMT)