Utilico Investments shareholders approve name change. As part of its annual results release in September, the board of Utilico Investments announced that, given the continued diversification of the portfolio away from utilities, they considered it appropriate for the company to change its name to UIL Limited. A resolution to approve the name change has now been passed to formally register the name change. The company’s ticker will remain unchanged.
About Utilico Investments / UIL Limited
UIL Limited’s (formerly Utilico Investments) objective is to maximise shareholder returns by identifying and investing in investments where the underlying value is not reflected in the market price. This perceived undervaluation may arise from any number of factors including technological, market motivation, prospective financial engineering opportunities, competition or shareholder apathy
Utilico Investments shareholders approve name change : UIL