Scrip Dividend Reference Price

Helios Underwriting Plc

16 June 2023

 

16 June 2023

Helios Underwriting plc

("Helios" or the "Company")

Scrip Dividend Reference Price

Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's,  announces that the scrip dividend reference price for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the total dividend of 3.0p per share for the year ended 31 December 2022 will be 175p per share.

The scrip reference price is calculated as the average of the Company's closing middle market share price for the five consecutive dealing days commencing on the ex-dividend date of 8 June 2023.

The timetable for the proposed scrip dividend, which remains subject to approval at the Company's Annual General Meeting to be held on 29 June 2023, is as follows:

30 June 2023	Final date for receipt of Scrip Dividend Mandate Election forms and CREST Dividend Election Input Messages
14 July 2023	Allotment of New Shares to Certificated and CREST Shareholders and admission for trading

For further information, please contact:

Helios Underwriting plc

Martin Reith - CEO                                                             [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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