8 April 2025
UIL LIMITED
(LEI Number: 213800CTZ7TEIE7YM468)
Loan facility with GPLPF
In the most recent half yearly report of UIL Limited ("UIL" or the "Company"), UIL reported that, as at 31 December 2024, it had a £5.0m loan facility from General Provincial Life Pension Fund Limited ("GPLPF") which matures on 31 October 2025 and bears interest at an annual rate of 10.5%. In March 2025 the facility was increased to £8.0m and £7.25m of the facility has been drawn. GPLPF currently holds 78.3% of UIL's ordinary shares and is therefore a related party for the purposes of DTR 7.3.
UIL has today agreed with GPLPF to increase the loan facility to £16.0m. All other terms of the facility remain unchanged.
Name of contact and telephone number for enquiries:
Charles Jillings
ICM Investment Management Limited
Telephone: 01372 271486
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