17 June 2026
UIL LIMITED
(LEI Number: 213800CTZ7TEIE7YM468)
New loan facility
The Board of UIL Limited ("UIL" or the "Company") is pleased to announce that it has entered into a $13.5m term loan facility (the "Facility") with The Bank of N.T. Butterfield & Son Limited ("Bank of Butterfield"). The term of the Facility is two years from the date of drawdown with repayments of principal being made in three equal instalments after 12 months, 18 months and at maturity. As part of the security arrangements, UIL has granted Bank of Butterfield a charge over part of UIL's holding in Resimac Group Limited.
The Facility has now been drawn down in full and will be used for general corporate purposes and to repurchase and/or redeem the zero dividend preference shares which are due for redemption on 31 October 2026.
Name of contact and telephone number for enquiries:
Charles Jillings
ICM Investment Management Limited
Telephone: 01372 271486