Director/PDMR Shareholding

RNS Number : 2763F

Helios Underwriting Plc

18 February 2015

 



18 February 2015

Helios Underwriting plc

("HUW" or the "Company")

Director's dealing

The Company was today notified that on 12 February 2015, Jeremy Evans, a director of the Company, sold 25,000 ordinary shares in the capital of the Company ("Ordinary Shares") from his SIPP at a price of 120p per Ordinary Share (the "Sale"). The Sale was undertaken as part of the transfer of Mr. Evans' shareholding to a new SIPP provider.

It is intended that Mr. Evans' new SIPP provider will purchase Ordinary Shares in order to restore Mr. Evans' interest in the Company. A further announcement will be made in this regard in due course.

Following the Sale, Mr. Evans is now interested in 26,002 Ordinary Shares, representing 0.30% of the Company's issued share capital.

For further information please contact:

HUW Nigel Hanbury - Chief Executive	[e-mail]
Smith & Williamson Corporate Finance David Jones	020 7131 4000
Westhouse Securities Robert Finlay	020 7601 6100

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 £22 million of capacity for the 2015 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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