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REG - UIL Limited UIL Finance Ltd - Loan from Resimac Group Limited

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RNS Number : 8788A  UIL Limited  25 September 2025

25 September 2025

 

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

 

Loan from Resimac Group Limited

 

UIL Limited ("UIL") announces that it has today entered into a A$15 million
loan facility with Resimac Group Limited ("Resimac"), a leading non-bank
lender listed on the ASX.  Resimac is a subsidiary of Somers Limited
("Somers") while UIL owns 31.6% of Resimac (both through shares held directly
by UIL and indirectly through Somers). Resimac is therefore considered an
associated undertaking and related party for the purposes of DTR 7.3.

 

The loan, which will be drawn down in full and used for general corporate
purposes, has an interest rate of 8.0% per annum and is repayable on 27
December 2025, unless extended.

 

Name of contact and telephone number for enquiries:

 

Charles Jillings

ICM Investment Management Limited

Telephone: 01372 271486

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