Source - LSE Regulatory
RNS Number : 3934A
UIL Limited
23 May 2023
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

BMG917071026

Issuer Name

UIL Limited

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Duncan Saville

City of registered office (if applicable)

Singapore

Country of registered office (if applicable)

Singapore

4. Details of the shareholder

Name

City of registered office

Country of registered office

General Provincial Life Pension Fund Limited

Hamilton

Bermuda

Union Mutual Pension Fund Limited

Hamilton

Bermuda

The Saville Foundation

Hamilton

Bermuda

Permanent Mutual Limited

Hamilton

Bermuda

5. Date on which the threshold was crossed or reached

19-May-2023

6. Date on which Issuer notified

23-May-2023

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

75.030000

0.000000

75.030000

62908149

Position of previous notification (if applicable)





8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

BMG917071026


62908149


75.030000

Sub Total 8.A

62908149

75.030000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 





Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 






Sub Total 8.B2




9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Duncan Saville

General Provincial Life Pension Fund Limited ("GPLPFL")

65.420000



Duncan Saville

Union Mutual Pension Fund Limited

9.470000



Duncan Saville

Permanent Mutual Lim-ited ("PML")

0.030000



Duncan Saville

The Saville Foundation

0.110000



10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

The ultimate parent undertaking of all the entities referred to in box 9 is Somers Isles Private Trust Company Limited ("SIPTCL") as trustee of various trusts of which Mr Saville is the beneficiary. Mr Saville is the owner of SIPTCL. GPLPFL has lent 3,300,000 ordinary shares of the issuer to PML which have been pledged under a security interest agreement related to a loan facility agreement with Bermuda Commercial Bank Limited.

12. Date of Completion

23-May-2023

13. Place Of Completion

Singapore

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
HOLNKNBBQBKDQPB
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Uil Limited (UTL)

-2.50p (-2.34%)
delayed 15:57PM

Uil Finance Limited (UTLH)

0p (0.00%)
delayed 16:07PM

Uil Finance Limited (UTLG)

0p (0.00%)
delayed 15:57PM