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RNS Number : 4718H Helios Underwriting Plc 13 November 2025
13 November 2025
Helios Underwriting plc
("Helios" or the "Company")
Director/PDMR Shareholding
Helios, the only publicly traded company offering instant access to a diverse
portfolio of syndicates at Lloyd's of London, the world's largest insurance
market, was informed on 12 November 2025 that, pursuant to the recent Tender
Offer, Producers National Corporation, which is under the management of
Resolute Global Partners Ltd, a Company which Tom Libassi, Non-Executive
Director of the Company, co-founded and is managing partner of, tendered an
aggregate of 525,478 ordinary shares of 10 pence each ("Tendered Shares") at a
price of 238 pence per share. The Tendered Shares were purchased on 3 November
2025 by Deutsche Numis pursuant to the Repurchase Agreement, as set out in the
circular published by the Company on 29 September 2025 (the "Circular"). No
further directors or persons discharging managerial responsibilities tendered
their shares under the Tender Offer.
Further to the abovementioned transaction, Mr Libassi is now interested in
12,888,022 Ordinary Shares, representing 18.52% of voting rights of the
Company.
The notification below, which has been made in accordance with the requirement
of the UK Market Abuse Regulation, provides further details.
For further information, please contact:
Helios Underwriting plc
Louis Tucker - Chief Executive Officer
+44 (0)203 965 6441
Adhiraj Maitra - Director of Finance and Operations +44 (0)203
743 2114
Deutsche Numis (Nomad and Broker)
Giles Rolls / Charles
Farquhar
+44 (0)20 7601 6100
FTI Consulting
Ed
Berry
+44 (0)7703 330 199
Christian Harte
+44 (0)7974 288 763
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. The
portfolio provides a broad spread of business primarily participating in the
US and other international wholesale and reinsurance markets. 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 Tom Libassi (Director)
2 Reason for the notification
a) Position/status Director
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 Sale of Ordinary Shares under the Tender Offer
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 238p 525,478
d) Aggregated information Price(s) Volume(s)
Sale: 238p 525,478
e) Date of the transaction 3 November 2025
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
Price(s) Volume(s)
Sale: 238p 525,478
e)
Date of the transaction
3 November 2025
f)
Place of the transaction
London Stock Exchange, AIM
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