Business
2016 First Interim Dividend
2016 First Interim Dividend.
About this update from Sancus Lending Group Limited
[{"type":"text","content":"\n \nRNS Number : 6929V GLI Finance Limited 20 April 2016 \n\n20 April 2016\nGLI Finance Limited (the \"Company\" or \"GLI\")\n2016 First Interim Dividend.\nThe Board has declared a first interim dividend for 2016 covering the period from 1 January to 31 March 2016.\n \n\n\n\n\nDistribution period:\n\n\n1 January to 31 March 2016\n\n\n\n\nDistribution amount per share:\n\n\n0.625 pence\n\n\n\n\nEx-dividend date:\n\n\n28 April 2016\n\n\n\n\nDividend record date:\n\n\n29 April 2016\n\n\n\n\nLast date to elect/revoke elections:\n\n\n27 May 2016\n\n\n\n\nPayment date/Allotment of scrip:\n\n\n17 June 2016\n\n\n\n\nScrip alternative in operation:\n\n\nYes\n\n\n\n\n \nThe scrip dividend alternative is being offered for this distribution to those investors who wish to receive additional shares in the capital of GLI in lieu of a cash payment. A circular will be sent to shareholders explaining the terms of the scrip dividend alternative. It is intended that the circular together with scrip dividend election forms (for those shareholders holding shares in certificated form) will be mailed on or around 9 May 2016 to all eligible GLI shareholders on the register as at the record date for the dividend, being 29 April 2016. The circular will also be made available on the Company's website www.glifinance.com. Elections for the scrip dividend alternative will need to be received by the Company's receiving agent, Equiniti Limited, by 27 May 2016 by those investors who wish to receive shares in lieu of cash.\n \nThe price at which the scrip dividend shares will be issued will be calculated in accordance with the terms of the circular by reference to the average of the middle market prices derived from the AIM Appendix to the Daily Official List of the London Stock Exchange on the ex-dividend date being 28 April 2016 and the four subsequent dealing days.\n \nNote: The times and dates in this announcement are expected times and dates only and are subject to change. Any such changes will be notified to shareholders through a regulatory information service. \n \n \nFor further information, please contact:\n \nGLI Finance Limited\nAndy Whelan\n+44 (0)1534 708900\n \nPanmure Gordon (Nominated Adviser and Corporate Broker)\nDominic Morley\n+44 (0)20 7886 2954\nPeter Steel\n+44 (0)113 357 1152\nCharles L...