StockMarketWire.com - GLI Finance has completed the sale of 50% of its stake in Amberton Asset Management Limited (formerly GLI Asset Management Limited) following receipt of regulatory approval.

The sale to Golf Investments Limited, a subsidiary of the Somerston Group, was previously outlined in the Company's announcement dated 21 December.

GLI and Somerston look forward to creating a successful partnership, which will seek to develop the Amberton brand and assist the growth of GLI Alternative Finance plc, a closed end fund in which the Company and Somerston hold interests of 47.99% and 27.96% of the issued share capital respectively.






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