SANCUS LENDING GROUP LIMITED

Major Shareholding Notification • Sep 13, 2016

National Storage Mechanism | Additional information

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RNS Number : 7282J

GLI Finance Limited

13 September 2016

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				GLI Finance Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Group Reorganisation -change in direct  holder(see 4)				X
3. Full name of person(s) subject to the notification obligation: iii		Somerston Group Limited
4. Full name of shareholder(s) (if different from 3.):iv		Golf Investments Limited - 41,085,560 shares Somerston Fintech Limited - 31,321,714 shares
5. Date of the transaction and date on which the threshold is crossed or reached: v		8 September 2016
6. Date on which issuer notified:		9 September  2016
7. Threshold(s) that is/are crossed or reached: vi, vii		None

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of  voting rights x
Direct xi		Indirect xii	Direct			Indirect
ORDINARY SHARES	67,450,103			21.91%			72,407,274		0		72,407,274	0%			23.53%
GB00B0CL3P62
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
72,407,274								23.53%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	Figures are based on a total number of voting rights of 307,783,379
14. Contact name:	Nicholas Wakefield
15. Contact telephone number:	01534 822392

This information is provided by RNS

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