Business
2016 Fourth Interim Dividend
2016 Fourth Interim Dividend.
About this update from Sancus Lending Group Limited
[{"type":"text","content":"\n \nRNS Number : 5356X GLI Finance Limited 22 February 2017 \n\n22 February 2017\nGLI Finance Limited (the \"Company\" or \"GLI\")\n2016 Fourth Interim Dividend.\nThe Board has declared a fourth interim dividend for 2016 covering the period from 1 October 2016 to 31 December 2016. The attention of Qualifying CREST Shareholders is drawn to the change noted in the penultimate paragraph, below.\n \n\n\n\n\nDistribution period:\n\n\n1 October 2016 to 31 December 2016\n\n\n\n\nDistribution amount per share:\n\n\n0.625 pence\n\n\n\n\nEx-dividend date:\n\n\n2 March 2017\n\n\n\n\nDividend record date:\n\n\n3 March 2017\n\n\n\n\nDeadline to elect/revoke elections:\n\n\n5.00 p.m. on 31 March 2017\n\n\n\n\nPayment date/Allotment of scrip:\n\n\n21 April 2017\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 March 2017 to all eligible GLI shareholders on the register as at the record date for the dividend, being 3 March 2017. 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, Capita Asset Services, by 5.00 p.m. on 31 March 2017 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 Closing Price on the ex-dividend date being 2 March 2017 and the four subsequent dealing days.\n \nQualifying CREST Shareholders please note that if you have previously given a Scrip Dividend Mandate this mandate has been cancelled and that you are now required to elect for the Scrip Dividend Alternative each and every payment that this option is made available.\n \nNote: The times and dates in this announcement are expected times and dates only and are subject to change. Any suc...