TIDMGLIF

RNS Number : 1064A

GLI Finance Limited

21 December 2017

21 December 2017

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:

 
       Details of the person discharging managerial 
   1    responsibilities / person closely associated 
----  ---------------------------------------------------------------------------------------------------- 
 a)    Names                       Andrew Whelan 
----  --------------------------  ------------------------------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------- 
 a)    Position/status             Chief Executive 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 the          Ordinary Shares in GLI Finance 
        financial instrument,       London Stock Exchange, AIM, GLIF.L 
        type of instrument          ISIN: GB00B0CL3P62 
        Identification code 
----  --------------------------  ------------------------------------------------------------------------ 
 b)    Nature of the transaction   Grant of Ordinary Shares in connection with 2017 annual bonus payments. 
----  --------------------------  ------------------------------------------------------------------------ 
 c)    Price(s) and volume(s)      Price - GBP0.11 per share 
                                    Volume - 1,090,909 Ordinary Shares 
----  --------------------------  ------------------------------------------------------------------------ 
 d)    Aggregated information 
        - Aggregated volume          1,090,909 Ordinary Shares purchased at a price of GBP0.11 per share 
        - Price 
----  --------------------------  ------------------------------------------------------------------------ 
 e)    Date of the transaction     2017-12-21 
----  --------------------------  ------------------------------------------------------------------------ 
 f)    Place of the transaction    Outside a trading venue 
----  --------------------------  ------------------------------------------------------------------------

Following the above transaction, Andrew Whelan's interest is in 8,051,912 Ordinary Shares, representing 2.58% of the Company's issued ordinary share capital with voting rights.

 
       Details of the person discharging managerial 
   1    responsibilities / person closely associated 
----  ---------------------------------------------------------------------------------------------------- 
 a)    Names                       Emma Stubbs 
----  --------------------------  ------------------------------------------------------------------------ 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------- 
 a)    Position/status             Chief Financial 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 the          Ordinary Shares in GLI Finance 
        financial instrument,       London Stock Exchange, AIM, GLIF.L 
        type of instrument          ISIN: GB00B0CL3P62 
        Identification code 
----  --------------------------  ------------------------------------------------------------------------ 
 b)    Nature of the transaction   Grant of Ordinary Shares in connection with 2017 annual bonus payments. 
----  --------------------------  ------------------------------------------------------------------------ 
 c)    Price(s) and volume(s)      Price - GBP0.11 per share 
                                    Volume - 681,818 Ordinary Shares 
----  --------------------------  ------------------------------------------------------------------------ 
 d)    Aggregated information 
        - Aggregated volume          681,818 Ordinary Shares purchased at a price of GBP0.11 per share 
        - Price 
----  --------------------------  ------------------------------------------------------------------------ 
 e)    Date of the transaction     2017-12-21 
----  --------------------------  ------------------------------------------------------------------------ 
 f)    Place of the transaction    Outside a trading venue 
----  --------------------------  ------------------------------------------------------------------------

Following the above transaction, Emma Stubbs' interest is in 1,005,485 Ordinary Shares, representing 0.32% of the Company's issued ordinary share capital with voting rights.

 
       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 the          Ordinary Shares in GLI Finance 
        financial instrument,       London Stock Exchange, AIM, GLIF.L 
        type of instrument          ISIN: GB00B0CL3P62 
        Identification code 
----  --------------------------  ------------------------------------------------------------------------ 
 b)    Nature of the transaction   Grant of Ordinary Shares in connection with 2017 annual bonus payments. 
----  --------------------------  ------------------------------------------------------------------------ 
 c)    Price(s) and volume(s)      Price - GBP0.11 per share 
                                    Volume - 455,790 Ordinary Shares 
----  --------------------------  ------------------------------------------------------------------------ 
 d)    Aggregated information 
        - Aggregated volume          455,790 Ordinary Shares purchased at a price of GBP0.11 per share 
        - Price 
----  --------------------------  ------------------------------------------------------------------------ 
 e)    Date of the transaction     2017-12-21 
----  --------------------------  ------------------------------------------------------------------------ 
 f)    Place of the transaction    Outside a trading venue 
----  --------------------------  ------------------------------------------------------------------------

Following the above transaction, Aaron Le Cornu's interest is in 455,790 Ordinary Shares, representing 0.15% of the Company's issued ordinary share capital with voting rights.

Name of authorised official of issuer responsible for making notifications:

Matt Falla, Praxis Fund Services Limited

Company Secretary to GLI Finance Limited

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/Ambrose Fullalove

+44 (0)207 457 2020

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

END

DSHLFLFLDLFZFBF

(END) Dow Jones Newswires

December 21, 2017 07:43 ET (12:43 GMT)

Sancus Lending (LSE:LEND)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Sancus Lending Charts.
Sancus Lending (LSE:LEND)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Sancus Lending Charts.