GLI Finance Limited Director/PDMR Shareholding (3128J)

TIDMGLIF

RNS Number : 3128J

GLI Finance Limited

28 March 2018

28 March 2018

GLI Finance Limited

(the "Company" or "GLI Finance")

Director/PDMR Shareholding

The Company was today notified of the following share dealings executed by persons discharging managerial responsibility:

 
       Details of the person discharging managerial 
   1    responsibilities / person closely associated 
----  ----------------------------------------------------------------------------------------------- 
 a)    Names                       Aaron Le Cornu 
----  --------------------------  ------------------------------------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------------------------------- 
 a)    Position/status             Chief Operating Officer 
----  --------------------------  ------------------------------------------------------------------- 
 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                         213800S2XOO3YSEGCA26 
----  --------------------------  ------------------------------------------------------------------- 
 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              Ordinary Shares in GLI Finance 
        the financial               London Stock Exchange, AIM, GLIF.L 
        instrument, type            ISIN: GB00B0CL3P62 
        of instrument 
        Identification 
        code 
----  --------------------------  ------------------------------------------------------------------- 
 b)    Nature of the               Purchase of Ordinary Shares 
        transactions 
----  --------------------------  ------------------------------------------------------------------- 
 c)    Price(s) and volume(s)      Price - GBP0.085 per share 
                                    Volume - 300,000 Ordinary Shares 
----  --------------------------  ------------------------------------------------------------------- 
 d)    Aggregated information      300,000 Ordinary Shares purchased at a price of GBP0.085 per share 
        - Aggregated volume 
        - Price 
----  --------------------------  ------------------------------------------------------------------- 
 e)    Date of the transactions    2018-03-27 
----  --------------------------  ------------------------------------------------------------------- 
 f)    Place of the transactions   London Stock Exchange 
----  --------------------------  ------------------------------------------------------------------- 
 

Following the above transactions, Aaron Le Cornu's interest is in 1,405,790 Ordinary Shares, representing 0.45% of the Company's issued ordinary share capital with voting rights.

Name of authorised official of issuer responsible for making notifications:

Poppy Tolcher, Praxis Fund Services 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/Ambrose Fullalove

[phone]

About GLI Finance

GLI is an AIM listed innovative alternative finance business, which owns a niche SME lender, Sancus BMS that operates in 6 jurisdictions - UK, Ireland, Jersey, Guernsey, Gibraltar and the Isle of Man, and a portfolio of emerging FinTech SME-focussed lending platforms that are located on 3 continents.

LEI: 213800S2XOO3YSEGCA26

This information is provided by RNS

The company news service from the London Stock Exchange

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March 28, 2018 12:31 ET (16:31 GMT)