Director/PDMR Shareholding - Saville

RNS Number : 0795A

UIL Limited

16 January 2020

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Duncan Saville
2	Reason for the notification
a)	Position/status	Director of ICM Limited ("ICM"), Joint Portfolio Manager of UIL Limited
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	UIL LIMITED
b)	LEI	213800CTZ7TEIE7YM468
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 10p each BMG917071026
b)	Nature of the transaction	Sale of shares by Permanent Mutual Limited ("PML") to General Provincial Company Limited ("GPC").  The ultimate parent undertaking of both PML and GPC is Somers Isles Private Trust Company Limited ("SIPTCL") as trustee of the CNR Trust.  Mr Saville is the owner of SIPTCL and a beneficiary of the CNR Trust.
c)	Price(s) and volume(s)	Price(s) Volume(s) 246.5p 3,150,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	15 January 2020
f)	Place of the transaction	Off Market

 

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