Director/PDMR Shareholding

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                    [phone]

Deutsche Numis (Nomad and Broker)                                   

Giles Rolls / Charles Farquhar                                     [phone]

FTI Consulting

Ed Berry / Tom O'Brien                                                 [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 £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

 

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