REG - UIL Limited UIL Finance Ltd Utilico Limited 2014 UIL Finance - UTLG Utilico Finance (D) - Novation of loan from Resimac Group Limited

UILAnnouncement

07/03/2025 07:15

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RNS Number : 7331Z  UIL Limited  07 March 2025

7 March 2025

 

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

 

Novation of loan from Resimac Group Limited

 

Further to the announcement on 10 December 2024 when UIL Limited ("UIL")
announced that it had entered into a A$11 million loan facility with Resimac
Group Limited, a leading non-bank lender listed on the ASX, UIL today
announces that the loan facility has been novated to Pan Pacific Petroleum Pty
Ltd ("PPP").  PPP is an indirectly wholly owned subsidiary of UIL.  UIL has
agreed to act as a guarantor for the repayment obligations of PPP and the
repayment date has been extended to 31 May 2025.

 

 

Name of contact and telephone number for enquiries:

 

Charles Jillings

ICM Investment Management Limited

Telephone: 01372 271486

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