Helios Underwriting - Director’s Shareholding

Helios Underwriting

07/06/2023 15:53

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RNS Number : 9981B  Helios Underwriting Plc  07 June 2023

7 June 2023

Helios Underwriting plc

("Helios" or the "Company")

 

Director's Shareholding

Helios, the investment vehicle which builds shareholder value through exposure
to Lloyd's, was informed on 6 June 2023 that Nigel Hanbury, Executive
Deputy Chairman, and a person discharging managerial
responsibilities ("PDMR") of the Company, on the same day sold
200,000 ordinary shares of 10 pence each ("Ordinary Shares") at a price of
170 pence per share.

Michael Wade, Chairman Designate, whose appointment as previously announced
will take effect on closure of the Annual General Meeting on 29 June 2023,
acquired 116,470 of the shares sold by Mr Hanbury.

The notifications below, which has been made in accordance with the
requirement of the EU Market Abuse Regulation, provide 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                                                         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  Ordinary Shares of 10 pence each

     Identification code                                          ISIN - GB00B23XLS45
 b)  Nature of the transaction                                    On market sale of Ordinary Shares

 c)  Price(s) and volume(s)                                       Price(s)    Volume(s)

                                                            Sale: 170p  200,000

 d)  Aggregated information                                       Price(s)  Volume(s)

                                                            As above  As above

 e)  Date of the transaction                                      06 June 2023
 f)  Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

 

 Price(s)  Volume(s)
 As above  As above

e)

Date of the transaction

06 June 2023

f)

Place of the transaction

 

London Stock Exchange, AIM

 

 

 

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