Director Dealing

Helios Underwriting Plc

14 July 2023

 

14 July 2023

Helios Underwriting plc

("Helios" or the "Company")

Director Dealing

Helios has been informed that, pursuant to the scrip dividend alternative offered in lieu of cash for the total dividend for the year ended 31 December 2022, Nigel Hanbury (the Company's Executive Deputy Chairman) has been issued today with a total of 23,674 ordinary shares of 10p each ("Ordinary Shares") at the scrip dividend reference price of 175p per share.  Mr Hanbury is now interested in 9,386,032 Ordinary Shares, representing 12.13% of the Company's voting rights.

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.

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
2	Reason for the notification
a)	Position/status	Executive Deputy Chairman
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	Purchase of Ordinary Shares via Scrip Dividend Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) Sale: 175p 23,674
d)	Aggregated information	Price(s) Volume(s) As above As above
e)	Date of the transaction	14 July 2023
f)	Place of the transaction	London Stock Exchange, AIM

 

END