REG - UIL Limited UIL Finance Ltd Utilico Limited 2014 UIL Finance - UTLG Utilico Finance (D) - Portfolio update

UILAnnouncement

24/06/2022 16:15

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RNS Number : 1823Q  UIL Limited  24 June 2022

24 June 2022

 

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

 

Portfolio update

 

UIL Limited ("UIL" or "the Company") is pleased to announce that, on 24 June
2022, it acquired 17,127,747 shares in Resimac Group Ltd ("Resimac") at the
market price of A$1.26 per share from UIL's financial services investment
platform and associated undertaking, Somers Limited.

 

Resimac is a leading non-bank lending and multi-channel distribution business
within Australia and New Zealand which has been providing residential property
finance since 1985. It markets home loans under the parent company brand,
Resimac, via a distribution network of over 12,000 mortgage brokers in
Australia and New Zealand.  Resimac is listed on the Australian Stock
Exchange.

 

As a result of this transaction, Resimac will represent approximately 2.9% of
UIL's gross assets and be one of UIL's top 10 investments.

 

 

Name of contact and telephone number for enquiries:

 

Charles Jillings

ICM Investment Management Limited

Telephone: 01372 271486

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