UIL Ltd. — Capital/Financing Update 2025

Apr 8, 2025

National Storage Mechanism | Additional information

RNS Number : 1813E

UIL Limited

08 April 2025

8 April 2025

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

Loan facility with GPLPF

In the most recent half yearly report of UIL Limited ("UIL" or the "Company"), UIL reported that, as at 31 December 2024, it had a £5.0m loan facility from General Provincial Life Pension Fund Limited ("GPLPF") which matures on 31 October 2025 and bears interest at an annual rate of 10.5%.  In March 2025 the facility was increased to £8.0m and £7.25m of the facility has been drawn.  GPLPF currently holds 78.3% of UIL's ordinary shares and is therefore a related party for the purposes of DTR 7.3.

UIL has today agreed with GPLPF to increase the loan facility to £16.0m.  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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCZVLFBEZLEBBQ