Director/PDMR Shareholding

RNS Number : 6230N

Helios Underwriting Plc

02 February 2021

 

Helios Underwriting plc

("Helios" or the "Company")

Director/PDMR Shareholding

Helios Underwriting plc, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, was notified by Nigel Hanbury, Chief Executive of the Company, that on 20 January 2021, his SIPP provider sold, in error, 20 ordinary shares of 10 pence each in Helios ("Ordinary Shares") at 177.25 pence per share and, on realisation of the error, subsequently bought back 20 Ordinary Shares on 1 February 2021 at 184.7 pence per share.

As a result , Nigel Hanbury's total beneficial interest in the Company remains unchanged at 9,227,294 Ordinary Shares, representing 27.53 per cent. of the Company's issued share capital .

For further information please contact:

Helios Underwriting plc

Nigel Hanbury - Chief Executive                         [phone] / [e-mail]

Arthur Manners - Chief Financial Officer               [phone]

Shore Capital (Nomad and Broker)

Robert Finlay                                                                 [phone]

David Coaten 

Henry Willcocks

Willis Re Securities (Financial Adviser)

Alastair Rodger                                                         [phone]

Quentin Perrot                                                               [phone]

Buchanan

Helen Tarbet / Henry Wilson / George Beale           [phone]

                                                                                            [phone]

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 £110m of capacity for the 2021 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

 

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