Interactive Investor

UIL Finance Limited 2028 ZDP Share Offer

This offer is now closed for applications through interactive investor

Results of Initial Issue

  • The Issue Price was set at 100 pence per 2028 ZDP Share.
  • UIL Finance Limited has successfully raised gross proceeds of £4.6 million in connection with the placing, intermediaries offer and offer for subscription.
  • Application has been made to the London Stock Exchange for 25 million 2028 ZDP Shares to be admitted to trading on the London Stock Exchange.
  • Allocations have been met in full, meaning customers will receive 100% of the amount they applied for.
  • Share allocations and uninvested cash are being credited today (Wednesday 21 April 2021). Confirmation of allocations will be sent once the shares are showing on accounts.
  • Please note, the allocation policy was set by UIL Finance Limited and not Interactive Investor.

Offer period

  • The Offer Period for the UIL Finance Limited 2028 ZDP Shares offer closed at 9am on Tuesday 20 April 2021.

Trading starts

  • Admission and unconditional dealing in the 2028 ZDP Shares is expected to commence at 8am on Friday 23 April 2021. There is no conditional dealing period.
  • When admitted to trading, the 2028 ZDP Shares will be registered with SEDOL (Stock Exchange Daily Official List) number BL6BB99 and trade under the symbol "UTLI".
  • If you buy or sell UIL Finance Limited 2028 ZDP Shares after admission the relevant share dealing rate will apply.

Key information

Issue price per share:100 pence
Minimum investment:£1,000 (multiples of £100 thereafter)
Stock ticker:UTLI
SEDOL:BL6BB99

Expected timetable

Offer open:18 March 2021
Offer close:20 April 2021 (9am)
Result announced:21 April 2021
Unconditional dealing starts:23 April 2021 (8am)

Offer announcements

This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited. This website is an advertisement and not a Prospectus. Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto.

Interactive Investor Services Limited uses the UIL Finance Limited Prospectus in accordance with the Company's consent and the conditions set out in the UIL Finance Limited Prospectus.

Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.

"UIL Limited" and the UIL Limited logo are registered trademarks of UIL Limited. Reproduced by kind permission of UIL Limited. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of Exchange Court, Duncombe Street, Leeds, LS1 4AX, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.