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Loan facility with GPLPF

18th Jun 2025 15:49

RNS Number : 4470N

UIL Limited

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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