Helios Underwriting - Director’s/PCA Shareholdings
05/06/2023 07:00
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RNS Number : 5440B Helios Underwriting Plc 05 June 2023
Helios Underwriting plc
("Helios", the "Company" or the "Group")
Director's/PCA Shareholdings
Helios, the investment vehicle which builds shareholder value through exposure
to Lloyd's was informed on 2 June 2023 that Michael Cunningham Non-Executive
Chairman, and a person discharging managerial responsibilities ("PDMR") of
the Company, on 1 June 2023 sold 23,600 ordinary shares of 10 pence each
("Ordinary Shares") at a price of 171.0 pence per share, and subsequently, he
and his wife each purchased 11,800 Ordinary Shares at a price of 171.0 pence
per share into their Individual Savings Accounts, in order to effect "Bed
and ISA" trades.
The notification below, which has been made in accordance with the requirement
of the EU Market Abuse Regulation, provides further details.
For further information, please contact:
Helios Underwriting plc
Martin Reith -
CEO
+44 (0)7720 292 505
Nigel Hanbury - Executive Deputy Chairman +44 (0)7787 530 404
Arthur Manners - Chief Financial Officer +44 (0)7754 965 917
Numis (Nomad and Broker)
Giles Rolls / Charles Farquhar +44 (0)20
7260 1000
Buchanan (PR)
Helen Tarbet / George Beale
+44 (0)7872 604 453
+44 (0)20 7466 5111
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
(http://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 Michael Cunningham
2 Reason for the notification
a) Position/status Director and PDMR of the issuer
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 Ordinary Shares of 10 pence each
Identification code ISIN - GB00B23XLS45
b) Nature of the transaction On market sale of Ordinary Shares and immediate purchase by way of Bed and ISA
arrangement
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 171.0p 23,600
Purchase: 171.0p 11,800
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
e) Date of the transaction 01 June 2023
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
e)
Date of the transaction
01 June 2023
f)
Place of the transaction
London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Virginia Cunningham
2 Reason for the notification
a) Position/status Person Closely Associated with Michael Cunningham, Director of the Company
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 Ordinary Shares of 10 pence each
Identification code ISIN - GB00B23XLS45
b) Nature of the transaction On market purchase of Ordinary Shares into an ISA
c) Price(s) and volume(s) Price(s) Volume(s)
Purchase: 171.0p 11,800
d) Aggregated information Price(s) Volume(s)
Purchase: as above As above
e) Date of the transaction 01 June 2023
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
Price(s) Volume(s)
Purchase: as above As above
e)
Date of the transaction
01 June 2023
f)
Place of the transaction
London Stock Exchange, AIM
END
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