RNS Number : 7432W
Helios Underwriting Plc
17 July 2024
 

17 July 2024

Helios Underwriting plc

("Helios" or the "Company")

 

Director's Shareholding

Helios has been informed that, pursuant to the scrip dividend alternative offered in lieu of cash for the total dividend for the year ended 31 December 2023, Nigel Hanbury (Non-Executive Deputy Chairman) and persons closely associated with Mr Hanbury, have been issued with a total of 46,306 ordinary shares of 10p each ("Ordinary Shares") at the scrip dividend reference price of 183.5p per share.  Mr Hanbury is now interested in 9,494,725 Ordinary Shares, representing 12.67% of the Company's voting rights.

The notifications below, which has been made in accordance with the requirement of the EU Market Abuse Regulation, provide further details.

 

For further information, please contact:

 

Helios Underwriting plc

Michael Wade - Chairman                           

Arthur Manners - Chief Financial Officer                    +44 (0)203 965 6441

 

Deutsche Numis (Nomad and Broker)                                   

Giles Rolls / Charles Farquhar                                     +44 (0)20 7260 1000

 

FTI Consulting

Ed Berry / Tom O'Brien                                                 +44 (0)7703 330 199 / +44 (0)7929 021 492

                                                                               

 About Helios

Helios provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW). Helios trades within the Lloyd's insurance market writing approximately £512m of capacity for the 2024 account. The portfolio provides a good spread of business being concentrated in property & casualty insurance and reinsurance. For further information please visit www.huwplc.com.

 

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

 

Nigel Hanbury (Director)

Elizabeth Hanbury (PCA)

Clementine Hanbury (PCA)

George Hanbury (PCA)

2

Reason for the notification


a)


Position/status

 

Director

PCA

b)

Initial notification/Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Helios Underwriting Plc

b)

LEI

213800FX86DJW5TCM864

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 10 pence each

 

ISIN - GB00B23XLS45

b)

Nature of the transaction

 

Purchase of Ordinary Shares via Scrip Dividend Scheme

c)

Price(s) and volume(s)

   

Price(s)

Volume(s)

Purchase: 183.5p

7,237

Purchase: 183.5p

6,916

Purchase: 183.5p

6,101

Purchase: 183.5p

4,810

Purchase: 183.5p

6,125

Purchase: 183.5p

6,930

Purchase: 183.5p

8,187



d)

Aggregated information

 

Price(s)

Volume(s)

Purchase: 183.5p

46,306

e)

Date of the transaction

12 July 2024

f)

Place of the transaction  

 

London Stock Exchange, AIM

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDDLBFZDLFBBK