REG - UIL Limited UIL Finance Ltd Utilico Limited 2014 UIL Finance - UTLG Utilico Finance (D) - Loan facility with GPLPF

UILAnnouncement

18/06/2025 16:00

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RNS Number : 4470N  UIL Limited  18 June 2025

18 June 2025

 

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

 

Loan facility with GPLPF

 

As referred to in the announcement on 8 April 2025, UIL Limited ("UIL") has a
£16.0m loan facility from General Provincial Life Pension Fund Limited
("GPLPF").  Since GPLPF holds 78.5% of UIL's ordinary shares it is therefore
classified as a related party for the purposes of DTR 7.3.  UIL has currently
drawn £13.3m of the facility, which matures on 31 October 2025 and bears
interest at an annual rate of 10.5%.

 

UIL has today agreed with GPLPF to increase the loan facility to £24.0m.
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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