GLI Finance Limited Transaction in Own Shares & Total Voting Rights (0858U)
July 10 2018 - 2:00AM
UK Regulatory
TIDMGLIF
RNS Number : 0858U
GLI Finance Limited
10 July 2018
10 July 2018
GLI Finance Limited
("the Company")
Transaction in Own Shares & Total Voting Rights
The Company announces that on 9 July 2018 it purchased 83,056
zero dividend preference shares of no par value ("ZDP Shares") at a
price of 107 pence per ZDP Share. All of these shares will be held
as treasury shares.
Following the above transaction, the Company now has 20,791,418
ZDP Shares in issue, of which 83,056 ZDP Shares are held by the
Company as treasury shares.
Andy Whelan, CEO of the Company, said:
"We have taken the opportunity to purchase some of GLI's ZDPs as
we see considerable value at the current share price and believe
this is an effective use of our capital given the inherent yield to
maturity."
For further information, please contact:
GLI Finance Limited
Andy Whelan
+44 (0)1534 708900
Liberum Capital (Nominated Adviser and Corporate Broker)
Steve Pearce
Chris Clarke
Trystan Cullen
+44 (0) 20 3100 2190
Instinctif Partners (PR Advisor)
Tim Linacre/Ambrose Fullalove
+44 (0)207 457 2020
LEI: 213800S2XOO3YSEGCA26
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END
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