RNS Number : 3205P
UIL Limited
30 August 2017
 

Below is shown the net asset value per share for



UIL Limited


22-Aug-17




NAV per share (at bid market values) in £ sterling with prior charges at nominal value





pence




Ordinary Shares






Net Asset Value - ex income


259.31

Net Asset Value - cum income


261.43




Ordinary Shares - Listing Category: Premium - Equity Closed-ended Investment Funds








Below is shown the accrued capital entitlement of the Zero Dividend Preference Shares







pence




  2018


147.68

  2020


123.89

  2022


107.31




All Zero Dividend Preference Shares - Listing Category: Standard - Shares

 

The Net Asset Values as at 22 August 2017 take into account a reduced value for UIL Limited's 39.8% investment in Vix Technology Limited ("VixTech"). VixTech is an unlisted, integrated payment solutions company. The £18 million (approximately 20p per share) reduction in value reflects the recent upgrade in its technology platform but conversely this has led to a deferral of current project implementation with consequent weaker trading. The reduction in the valuation of VixTech will also be reflected in UIL Limited's report and accounts for the year ended 30 June 2017 which is due to be announced in mid-September.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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