Result of General Meeting

RNS Number : 7189T

Helios Underwriting Plc

09 January 2017

 

Helios Underwriting PLC

("Helios" or the "Company")

 9^th January 2017

Result of General Meeting

Helios Underwriting PLC is pleased to announce that the resolution to approve the acquisition of Pooks Limited was duly passed at the Company's General Meeting held earlier today.

It is expected that the acquisition will be completed following approval by Lloyds' of London of the change of control of Pooks Limited.

-Ends-

For further information, please contact:

Helios

Nigel Hanbury - Chief Executive                                 020 7863 6655 / [e-mail]

Arthur Manners - Chief Financial Officer                      07754 965917

Stockdale Securities                                               020 7601 6100

Robert Finlay

Richard Johnson

David Coaten

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 £33 million of capacity for the 2017 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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