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Director/PDMR Shareholding

21st Dec 2017 12:43

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:

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

Andrew Whelan

2

Reason for the notification

a)

Position/status

Chief Executive 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

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 financial instrument, type of instrument

Identification code 

Ordinary Shares in GLI Finance 

London Stock Exchange, AIM, GLIF.LISIN: GB00B0CL3P62

b)

Nature of the transaction 

Grant of Ordinary Shares in connection with 2017 annual bonus payments.

c)

Price(s) and volume(s)

Price - £0.11 per shareVolume - 1,090,909 Ordinary Shares

d)

 

Aggregated information 

- Aggregated volume- Price

 

1,090,909 Ordinary Shares purchased at a price of £0.11 per share

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.

 

 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

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 financial instrument, type of instrument

Identification code 

Ordinary Shares in GLI Finance 

London Stock Exchange, AIM, GLIF.LISIN: GB00B0CL3P62

b)

Nature of the transaction 

Grant of Ordinary Shares in connection with 2017 annual bonus payments.

c)

Price(s) and volume(s)

Price - £0.11 per shareVolume - 681,818 Ordinary Shares

d)

 

Aggregated information 

- Aggregated volume- Price

 

681,818 Ordinary Shares purchased at a price of £0.11 per share

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.

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

Aaron Le Cornu

2

Reason for the notification

a)

Position/status

Chief Operating 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

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 financial instrument, type of instrument

Identification code 

Ordinary Shares in GLI Finance 

London Stock Exchange, AIM, GLIF.LISIN: GB00B0CL3P62

b)

Nature of the transaction 

Grant of Ordinary Shares in connection with 2017 annual bonus payments.

c)

Price(s) and volume(s)

Price - £0.11 per shareVolume - 455,790 Ordinary Shares

d)

 

Aggregated information 

- Aggregated volume- Price

 

455,790 Ordinary Shares purchased at a price of £0.11 per share

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
 
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