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SANCUS LENDING GROUP LIMITED

Major Shareholding Notification Sep 20, 2016

7896_dirs_2016-09-20_3e721879-ba87-4525-9e61-be8189e249f0.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

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RNS Number : 3746K

GLI Finance Limited

20 September 2016

20 September 2016

GLI Finance Limited

(the "Company" or "GLI Finance")

Director/PDMR Shareholding

The Company was today notified of the following share dealings executed today by persons discharging managerial responsibility as a result of the scrip dividend issue on 16 September 2016:

1 Details of the person discharging managerial responsibilities / person closely associated
a) Names Patrick Firth
2 Reason for the notification
a) Position/status Chairman
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GLI Finance Limited
b) LEI N/A
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 the financial instrument, type of instrument

Identification code
Ordinary Shares in GLI Finance 

London Stock Exchange, AIM, GLIF.L

ISIN: GB00B0CL3P62
b) Nature of the transaction Acquisition of Ordinary Shares via scrip dividend issue
c) Price(s) and volume(s) Price - 28.375p per share

Volume - 5,678 Ordinary Shares
d) Aggregated information 

- Aggregated volume

- Price
5,678 Ordinary Shares purchased at a price of 28.375p per share
e) Date of the transaction 2016 -09-16 GMT
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely associated
a) Names Emma Stubbs
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name GLI Finance Limited
b) LEI N/A
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 the financial instrument, type of instrument

Identification code
Ordinary Shares in GLI Finance 

London Stock Exchange, AIM, GLIF.L

ISIN: GB00B0CL3P62
b) Nature of the transaction Acquisition of Ordinary Shares via scrip dividend issue
c) Price(s) and volume(s) Price - 28.375p per share

Volume - 1,432 Ordinary Shares
d) Aggregated information 

- Aggregated volume

- Price
1,432 Ordinary Shares purchased at a price of 28.375p per share
e) Date of the transaction 2016 -09-16 GMT
f) Place of the transaction Outside a trading venue

Following the above transactions, Patrick Firth's interest is in 263,530 Ordinary Shares, representing 0.09% of the Company's issued ordinary share capital with voting rights, and Emma Stubbs's interest is in 179,610 Ordinary Shares, representing 0.06% of the Company's issued ordinary share capital with voting rights.

Name of authorised official of issuer responsible for making notifications:

PraxisIFM Trust Limited

Company Secretary to GLI Finance Limited

Enquiries

GLI Finance Limited

Andy Whelan

+44 (0)1534 708900

Panmure Gordon (Nominated Adviser and Corporate Broker)

Dominic Morley

+44 (0)20 7886 2954

Peter Steel

+44 (0)113 357 1152

Charles Leigh Pemberton

+44 (0)20 7886 2906

Instinctif Partners (PR Advisor)

Tim Linacre/Nick Woods

+44 (0)207 457 2020

About GLI Finance

GLI (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 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

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