GLI Finance Limited Q3 Interim Dividend (5972C)

TIDMGLIF

RNS Number : 5972C

GLI Finance Limited

19 October 2015

19 October 2015

GLI Finance Limited (the "Company" or "GLI")

2015 Third Interim Dividend.

The Board has declared a third interim dividend for 2015 covering the period from 1 July to 30 September 2015.

 
 Distribution period:        1 July to 30 September 
                              2015 
--------------------------  ----------------------- 
 Distribution amount per     1.25 pence 
  share: 
--------------------------  ----------------------- 
 Ex-dividend date:           29 October 2015 
--------------------------  ----------------------- 
 Dividend record date:       30 October 2015 
--------------------------  ----------------------- 
 Last date to elect/revoke   4 December 2015 
  elections: 
--------------------------  ----------------------- 
 Payment date/Allotment      29 December 2015 
  of scrip: 
--------------------------  ----------------------- 
 Scrip alternative in        Yes 
  operation: 
--------------------------  ----------------------- 
 

The scrip dividend alternative is being offered for this distribution to those investors who wish to receive additional shares in the capital of GLI in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms (for those shareholders holding shares in certificated form) will be mailed on or around 9 November to all eligible GLI shareholders on the register as at the record date for the dividend, being 30 October 2015. The circular will also be made available on the Company's website www.glifinance.com. Elections for the scrip dividend alternative will need to be received by the Company's receiving agent, Equiniti Limited, by 4 December 2015 by those investors who wish to receive shares in lieu of cash.

The price at which the scrip dividend shares will be issued will be calculated in accordance with the terms of the circular by reference to the average of the middle market prices derived from the AIM Appendix to the Daily Official List of the London Stock Exchange on the ex-dividend date being 29 October 2015 and the four subsequent dealing days.

Note: The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a regulatory information service.

For further information, please contact:

GLI Finance Limited

Geoffrey Miller

[phone]

[phone]

Panmure Gordon (Nominated Adviser and Corporate Broker)

Dominic Morley / Tom Salvesen

[phone]

Peter Steel

[phone]

Camarco (PR Advisor)

Ed Gascoigne-Pees

[phone]

[phone]

Hazel Stevenson

[phone]

[phone]

About GLI Finance Limited

GLI Finance (www.glifinance.com) is a specialist provider of finance to small and medium sized enterprises and is quoted on the AIM market of the London Stock Exchange (ticker GLIF). 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.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 19, 2015 02:00 ET (06:00 GMT)