Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Gli Finance Limited LSE:GLIF London Ordinary Share GB00B0CL3P62 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.17 -5.12% 3.15 2.80 3.50 3.15 3.15 3.15 100,985 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 13.1 -9.7 -3.3 - 15

GLI Finance Limited Total Voting Rights, Issue of Bonds and Warrants

31/12/2020 12:15pm

UK Regulatory (RNS & others)


Gli Finance (LSE:GLIF)
Historical Stock Chart


From Dec 2020 to Mar 2021

Click Here for more Gli Finance Charts.

TIDMGLIF

RNS Number : 2032K

GLI Finance Limited

31 December 2020

31 December 2020

GLI Finance Limited

("the Company")

Total Voting Rights and Issue of Bonds and Warrants

The Company advises that as at 31 December 2020 its issued share capital comprises 489,843,477 Ordinary Shares and 20,791,418 Zero Dividend Preference ("ZDP") Shares, of which 12,009,030 ZDP Shares are held by the Company as treasury shares. The ZDP shares do not carry the right to attend or vote at any general meeting of the Company.

The total voting rights figure of 489,843,477 may be used by shareholders 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 FCA's Disclosure Guidance and Transparency Rules.

Following completion of the transaction announced on 4 December 2020, the Company is pleased to confirm that the Existing Bonds were repaid on 21 December 2020 and a total of GBP12.575 million principal of New Bonds were issued on 22 December 2020. The New Bonds, which will not be listed, have an interest rate of 7 per cent. per annum (paid quarterly) and a maturity date of 31 December 2025.

In connection with the issue of the New Bonds, the Company has issued 153,994,543 Warrants to subscribe in cash for new Ordinary Shares at a subscription price of 2.25 pence per Ordinary Share. The Warrants will be exercisable on at least 30 days' notice in the period to 31 December 2025. Further New Bonds may be issued up to a total principal amount of GBP15 million and further Warrants may therefore be issued during the life of the New Bond.

Capitalised terms used but not defined in this announcement have the meanings set out in the announcement of 17 November 2020 entitled 'Proposed Fundraising'

For further information, please contact:

GLI Finance Limited

Andy Whelan

+44 (0)1534 708900

Liberum Capital (Nominated Adviser and Corporate Broker)

Chris Clarke

Edward Thomas

+44 (0) 20 3100 2190

Instinctif Partners (PR Advisor)

Tim Linacre/Lewis Hill

+44 (0)207 457 2020

LEI: 213800S2XOO3YSEGCA26

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

TVRDZMFZLGLGGZM

(END) Dow Jones Newswires

December 31, 2020 07:15 ET (12:15 GMT)

1 Year Gli Finance Chart

1 Year Gli Finance Chart

1 Month Gli Finance Chart

1 Month Gli Finance Chart
ADVFN Advertorial
Your Recent History
LSE
GLIF
Gli Financ..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20210306 01:14:54