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UTL — UIL News Story

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Brief: UIL To Sell 1,371,124 Somers Shares To Settle £17.1m Loan

Nov 4 (Reuters) - UIL Ltd UTL.L:

UIL LIMITED UIL FINANCE LTD  - SALE OF INVESTMENT IN SOMERS LIMITED

UIL LTD - TO SELL 1,371,124 SOMERS SHARES TO SETTLE £17.1M LOAN

UIL LTD - SOMERS TO REPURCHASE 7,914,984 SHARES FROM UIL FOR £99.0M

Source text: ID:nRSD1709Ga

Further company coverage: UTL.L

 ((((Reuters.Briefs@thomsonreuters.com));))

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