Utilico banner image

Capital structure

Capital Structure at 03 April 2018

  Outstanding LSE Code SEDOL ISIN
Ordinary Shares 234,508,636 UEM BD45S96 GB00BD45S967
Bank facility
(Scotiabank Europe plc)
£50,000,000

UEM's Ordinary Shares are listed on the Premium Listing Segment of the Official List maintained by the UK Listing Authority and trade on the Main Market of the London Stock Exchange.

Borrowing and Gearing Policy

UEM has a three year £50 million unsecured multicurrency revolving bank facility with Scotiabank Europe plc, which is repayable on 3 April 2021 unless renewed or extended.

Duration of the UEM

UEM has an indefinite life but a continuation resolution will be proposed at the Annual General Meeting to be held in 2021 and at every fifth annual general meeting thereafter.

Substantial Share Interests

UEM was aware, as at 3 April 2018, of the following holdings of 3 per cent and over of its Ordinary Share capital.

  Ordinary Shares held % held
UIL Limited 38,543,500 16.4%
Bank of Montreal clients, including 
    Foreign & Colonial Investment Trust plc
23,531,693
14,450,000
10.0%
 6.2%
Lazard Asset Management LLC 17,817,011 7.6%
Investec Wealth & Investment Limited 10,293,426 4.4%
Rathbone Investment Management Limited 10,728,364 4.6%