Source - RNS
RNS Number : 7282J
GLI Finance Limited
13 September 2016
 

 




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

GLI Finance Limited

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):

Group Reorganisation -change in direct  holder(see 4)

X

3. Full name of person(s) subject to the
notification obligation:
iii

Somerston Group Limited

4. Full name of shareholder(s)
 (if different from 3.):iv

Golf Investments Limited - 41,085,560 shares

 

Somerston Fintech Limited - 31,321,714 shares

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

8 September 2016

6. Date on which issuer notified:

9 September  2016

7. Threshold(s) that is/are crossed or
reached:
vi, vii

None

 



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

 

Number
of shares

 

Number of voting
rights

% of  voting rights x

Direct xi

Indirect xii

Direct

Indirect

ORDINARY SHARES

67,450,103

21.91%

72,407,274

 

0

72,407,274

 

0%

23.53%

GB00B0CL3P62


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

72,407,274

23.53%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

N/A

 


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A



13. Additional information:


Figures are based on a total number of voting rights of 307,783,379

14. Contact name:

Nicholas Wakefield

15. Contact telephone number:

01534 822392

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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