Director's Shareholding

Helios Underwriting Plc

03 June 2024

 

3 June 2024

Helios Underwriting plc

("Helios" or the "Company")

Director's Shareholding

Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's, was informed on 31 May 2024 that Mr Nigel Hanbury, Executive Deputy Chairman and Director of the Company and persons closely associated with Mr Hanbury, on the same day, sold 47,600 ordinary shares of 10 pence each ("Ordinary Shares") at a price of 170 pence per share and subsequently purchased 46,400 Ordinary Shares at a price of 170 pence per share and 1,200 Ordinary Shares at a price of 175 pence per share. Mr Hanbury's total interest remains unchanged at 9,448,419 Ordinary Shares, representing 12.64% of the issued share capital of the Company.

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

Martin Reith - CEO                                                       [phone]

Nigel Hanbury - Executive Deputy Chairman         

Arthur Manners - Chief Financial Officer                

Deutsche Numis (Nomad and Broker)                                       

Giles Rolls / Charles Farquhar                                     [phone]

FTI Consulting  Ed Berry Nathan Hambrook-Skinner Tom O'Brien

[phone] [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 £502m 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	On market sale and purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Sale: 170p 11,900 Sale: 170p 11,900 Sale: 170p 11,900 Sale: 170p 11,900 Purchase: 170p 11,600 Purchase: 170p 11,600 Purchase: 170p 11,600 Purchase: 170p 11,600 Purchase: 175p 300 Purchase: 175p 300 Purchase: 175p 300 Purchase: 175p 300
d)	Aggregated information	Price(s) Volume(s) Sale: 170p 47,600 Purchase: 170p 46,400 Purchase: 175p 1,200
e)	Date of the transaction	31 May 2024
f)	Place of the transaction	London Stock Exchange, AIM

 

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