Completion of Acquisition

RNS Number : 9216R

Helios Underwriting Plc

17 September 2014

 



17 September 2014

Helios Underwriting plc

("HUW" or the "Company")

Completion of Acquisition of Lloyd's Limited Liability Vehicle

Further to the announcement on 9 July 2014, the Company is pleased to announce that the acquisition of Dumasco Limited has completed.

For further information please contact:

HUW Nigel Hanbury	[e-mail]
Smith & Williamson Corporate Finance David Jones	020 7131 4000
Westhouse Securities Robert Finlay Darren Vickers	020 7601 6100
Haggie Partners Peter Rigby	020 7562 4444

About HUW

HUW 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).  HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing £23 million of capacity for the 2014 account. The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

 

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