End of the 2025 Share Liquidity Programme

Summary by AI BETAClose X

UIL Limited has successfully concluded its 2025 Share Liquidity Programme, purchasing 1,939,098 ordinary shares for cancellation at an aggregate consideration of £3.5 million, which represented a discount of approximately 20% to the net asset value. This initiative fulfilled the company's commitment to offer minority shareholders an exit opportunity ahead of the planned 2028 privatization at a price near net asset value. UIL intends to continue similar liquidity programmes in 2026 and 2027, and may also conduct further market share repurchases subject to available cash.

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