Results of Scrip Dividend Election

Helios Underwriting Plc

04 July 2023

 

4 July 2023

Helios Underwriting plc

("Helios" or the "Company")

Results of Scrip Dividend Election

Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's, announces that it has received elections to receive the final dividend for the year ended 31 December 2022 in the form of a Scrip Dividend from shareholdings totalling 4,959,003 ordinary shares.  This represents 6.41% of the total shares currently in issue (excluding 419,169 ordinary shares which are held in treasury).

The payment of the dividend and issue of shares pursuant to the Scrip Dividend was approved at the Company's Annual General Meeting ('AGM') on Thursday 29 June 2023.

The dividend is due to be paid on Friday, 14 July 2023.  Admission of the new shares is expected to occur on the same date.

For further information, please contact:

Helios Underwriting plc

Martin Reith - Chief Executive Officer                    [phone]

Nigel Hanbury - Executive Deputy Chairman        [phone]  

Arthur Manners - Chief Financial Officer               [phone]

Numis (Nomad and Broker)                                       

Giles Rolls / Charles Farquhar                                     [phone]

Buchanan (PR)

Helen Tarbet / 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 £297m of capacity for the 2023 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.

 

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