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UIL Limited (UIL) announced on 25 September 2025 that it entered into an A$15 million loan facility with Resimac Group Limited. UIL owns 31.6% of Resimac, which is a subsidiary of Somers Limited and considered an associated undertaking. The loan, with an 8.0% per annum interest rate, will be drawn down in full for general corporate purposes and is repayable on 27 December 2025, unless extended.
| Date | 25 Sept 2025 |
| Time | 15:29:26 |
| Category | Miscellaneous |
| ID | 8788A |
25 September 2025
UIL LIMITED
(LEI Number: 213800CTZ7TEIE7YM468)
Loan from Resimac Group Limited
UIL Limited ("UIL") announces that it has today entered into a A$15 million loan facility with Resimac Group Limited ("Resimac"), a leading non-bank lender listed on the ASX. Resimac is a subsidiary of Somers Limited ("Somers") while UIL owns 31.6% of Resimac (both through shares held directly by UIL and indirectly through Somers). Resimac is therefore considered an associated undertaking and related party for the purposes of DTR 7.3.
The loan, which will be drawn down in full and used for general corporate purposes, has an interest rate of 8.0% per annum and is repayable on 27 December 2025, unless extended.
Name of contact and telephone number for enquiries:
Charles Jillings
ICM Investment Management Limited
Telephone: 01372 271486