GLI Finance Limited Issue of Ordinary Shares (1085N)
21 October 2016 - 3:06AM
UK Regulatory
TIDMGLIF
RNS Number : 1085N
GLI Finance Limited
20 October 2016
20 October 2016
GLI Finance Limited
(the "Company" or "GLI")
Issue of Ordinary Shares
The Company has today issued 214,417 ordinary shares of no par
value ("Ordinary Shares") from treasury to Russell Harte, Chief
Operating Officer of the Company. This issue represents the
Ordinary Shares agreed to be granted by the Company when Mr Harte
joined the Company, and further strengthens the alignment of
interests between management and shareholders.
As a result of this transaction, Mr Harte is beneficially
interested in 214,417 Ordinary Shares, representing 0.07% of the
Company's issued share capital.
Following this issue the Company's issued share capital consists
of 308,293,739 Ordinary Shares and 20,791,418 2019 Zero Dividend
Preference shares. No Ordinary Shares are held in treasury.
Therefore the total number of shares with voting rights in the
Company is 308,293,739. The above figure (308,293,739) 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 and Transparency Rules.
Enquiries
GLI Finance Limited
Andy Whelan
+44 (0)1534 708900
Liberum Capital (Nominated Adviser and Broker)
Steve Pearce
Chris Clarke
Jonathan Wilkes-Green
+44 (0) 207 100 2000
Instinctif Partners (PR Advisor)
Tim Linacre/Nick Woods
+44 (0)207 457 2020
Inside information
This announcement contains inside information which is disclosed
in accordance with the Market Abuse Regulation.
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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