Business
2016 Second Interim Dividend.
2016 Second Interim Dividend..
About this update from Sancus Lending Group Limited
[{"type":"text","content":"\n \nRNS Number : 9160E GLI Finance Limited 21 July 2016 \n\n21 July 2016\nGLI Finance Limited (the \"Company\" or \"GLI\")\n2016 Second Interim Dividend.\nThe Board has declared a second interim dividend for 2016 covering the period from 1 April to 30 June 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 April to 30 June 2016\n\n\n\n\nDistribution amount per share:\n\n\n0.625 pence\n\n\n\n\nEx-dividend date:\n\n\n28 July 2016\n\n\n\n\nDividend record date:\n\n\n29 July 2016\n\n\n\n\nLast date to elect/revoke elections:\n\n\n25 August 2016\n\n\n\n\nPayment date/Allotment of scrip:\n\n\n16 September 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 5 August 2016 to all eligible GLI shareholders on the register as at the record date for the dividend, being 29 July 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, Capita Asset Services, by 25 August 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 July 2016 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 ...