UIL LimitedLSE: UTL

UIL: Redemption of 2026 ZDP Shares

· Issued by UIL Limited via RNS

Summary by 6ix AI

UIL Finance Limited will repay holders of its 2026 zero dividend preference shares of 10p each, due for redemption on October 31, 2026, at 151.50p per share. These shares pay no dividends and return a set capital amount at redemption. Settlement will occur on the business day before Saturday October 31, 2026.

Key details

  • Holders whose names are on the register at the close of business on Wednesday October 28, 2026, the record date, will receive the redemption proceeds.
  • For shares held electronically through CREST (the UK electronic share settlement system), accounts will be credited with the redemption money on the redemption date.
  • For shares held as paper certificates, money will be paid on the redemption date under any bank instructions held by the company's registrars, or otherwise sent by cheque by first class post to the address on the share register.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/redemption-of-2026-zdp-shares-1

13 October 2026

UIL FINANCE LIMITED

(LEI Number: 213800JPJWZ5P3QJX538)

UIL LIMITED

(LEI Number: 213800CTZ7TEIE7YM468)

Redemption of 2026 ZDP Shares

UIL Finance Limited (the "Company") announces that redemption proceeds will be paid to holders of the Company's zero dividend preference shares of 10p each due for redemption on 31 October 2026 ("2026 ZDP Shares") whose names appear on the register as at the close of business on Wednesday 28 October 2026 (the "Record Date") and settlement of the redemption monies will occur on the business day prior to Saturday 31 October 2026 (the "Redemption Date"). 

The capital repayment amount for the 2026 ZDP Shares is 151.50p per share.

For 2026 ZDP Shares held in uncertificated form, CREST accounts will be credited with the redemption monies on the Redemption Date.  For 2026 ZDP Shares held in certificated form, redemption monies will be paid on the Redemption Date in accordance with any bank mandate held by the Company's registrars or otherwise be sent by cheque to the address recorded in the Company's ZDP share register by first class post.

Name of contact and telephone number for enquiries:

Charles Jillings, Alastair Moreton

ICM Investment Management Limited

Telephone: 01372 271486

UIL Limited on 6ix

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