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GLI Finance Raises GBP4.6 Million In Share Placing

1st Oct 2013 08:34

LONDON (Alliance News) - GLI Finance Ltd, which provides loans to small- and medium-sized businesses in the UK and US, Tuesday said it had raised gross proceeds of about GBP4.6 million by placing nine million new shares at 51 pence each with new and existing institutional investors.

GLI Finance shares were up 1.5% at 52.51 pence Tuesday morning.

By Steve McGrath; [email protected]; @stevemcgrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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