UIL Limited reported a net asset value (NAV) total return of 10.8% in August, surpassing the FTSE All Share Total Return Index, which rose 0.7%. The company's ordinary share price ended the month at 204.00p, up 4.1%, while the discount to NAV widened from 23.4% to 28.0% as of August 31, 2026. The 2026 zero dividend preference (ZDP) share price increased 0.3% to 150.50p, and the 2028 ZDP share price rose 1.1% to 133.50p.
During August, UIL purchased 0.9 million 2026 ZDP shares issued by its subsidiary UIL Finance at an average price of 1.51p per share. As of August 31, 2026, the company held a total of 5.8 million 2026 ZDP shares. Following the month-end, UIL Finance issued 5.0 million new 2028 ZDPs to UIL, with the intention to make them available for sale based on market demand.
Gold prices increased 9.7% to close at $4,437, while copper rose 2.0%. Brent crude oil rose 0.4%, and nickel declined 2.3%. Among the company's holdings, Roxmore Resources gained 37.3%, Resimac Group rose 20.5%, and Horizon Gold increased 20.2%. Utilico Emerging Markets fell 2.8%, and MoneyMe declined 10.3%.
The British pound strengthened 0.9% against the US Dollar but weakened against the Australian Dollar by 1.4%, the Canadian Dollar by 0.2%, and the New Zealand Dollar by 0.1%.
