Loan facility with GPLPF

Summary by AI BETAClose X

UIL Limited has agreed with General Provincial Life Pension Fund Limited (GPLPF) to extend the maturity date of its £24.0 million loan facility to March 31, 2026. As of the announcement, UIL has drawn £13.1 million from this facility. GPLPF is considered a related party due to its 78.9% holding of UIL's ordinary shares. All other terms of the loan facility remain unchanged.

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