Completion of Acquisition

RNS Number : 0932Q

Helios Underwriting Plc

12 June 2015

 

12 June 2015

Helios Underwriting plc

("HUW" or the "Company")

Completion of Acquisition of Lloyd's Limited Liability Vehicle

Further to the announcement on 17 February 2015, the Company is pleased to announce that the acquisition of Nameco (No 507) Limited has completed.

For further information please contact:

HUW Nigel Hanbury - Chief Executive	[e-mail]
Smith & Williamson Corporate Finance David Jones	020 7131 4000
Westhouse Securities Robert Finlay	020 7601 6100

About HUW

HUW 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).  HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing £23 million of capacity for the 2015 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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