REG - Helios Underwriting - Director's/PCAs' Shareholding
11/04/2023 07:00
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RNS Number : 6917V Helios Underwriting Plc 11 April 2023
Helios Underwriting plc
("Helios", "Company" or the "Group")
Director's/PCAs' Shareholdings
Helios, the unique investment vehicle which acquires and consolidates
underwriting capacity at Lloyd's, was informed on 6 April 2023 that, Nigel
Hanbury, Executive Deputy Chairman and person discharging managerial
responsibilities ("PDMR") of the Company, and his three children, Elizabeth
Hanbury, George Hanbury and Clementine Hanbury, each of whom are persons
closely associated ("PCA") with him, have sold a number of ordinary shares of
10 pence each ("Ordinary Shares"), and subsequently repurchased the same
number of Ordinary Shares into their respective Individual Savings Accounts
(ISAs), in order to effect "Bed and ISA" trades. Details of these trades are
as set out below:
Name Position/status No. of Ordinary Shares Sold Sale price No. of Ordinary Shares Repurchased Purchase Price
Nigel Hanbury Director/PDMR 12,450 160p 12,450 160.06p
Elizabeth Hanbury PCA 12,450 160p 12,450 160.06p
George Hanbury PCA 12,450 160p 12,450 160.06p
Clementine Hanbury PCA 12,450 160p 12,450 160.06p
Following the completion of the above transactions, Nigel Hanbury's ultimate
beneficial ownership, including shares held by his immediate family members,
is unchanged and remains at 9,562,358 Ordinary Shares in total, representing
approximately 12.37 per cent. of the Company's total voting rights.
The information below, set out in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail on the transactions.
For further information please contact:
Helios Underwriting plc
Martin Reith - Chief Executive
+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
Shore Capital (Nomad and Broker)
Robert Finlay
+44 (0)20 7408 4080
David Coaten
Henry Willcocks
Buchanan
Helen Tarbet / Henry Wilson / 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.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Nigel Hanbury
2 Reason for the notification
a) Position/status Director, a 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 repurchase by way of Bed and
ISA arrangement
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 160p 12,450
Purchase: 160.06p 12,450
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
e) Date of the transaction 6 April 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
6 April 2023
f)
Place of the transaction
London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Elizabeth Hanbury
2 Reason for the notification
a) Position/status PCA of Nigel Hanbury
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 repurchase by way of Bed and
ISA arrangement
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 160p 12,450
Purchase: 160.06p 12,450
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
e) Date of the transaction 6 April 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
6 April 2023
f)
Place of the transaction
London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name George Hanbury
2 Reason for the notification
a) Position/status PCA of Nigel Hanbury
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 repurchase by way of Bed and
ISA arrangement
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 160p 12,450
Purchase: 160.06p 12,450
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
e) Date of the transaction 6 April 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
6 April 2023
f)
Place of the transaction
London Stock Exchange, AIM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Clementine Hanbury
2 Reason for the notification
a) Position/status PCA of Nigel Hanbury
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 repurchase by way of Bed and
ISA arrangement
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 160p 12,450
Purchase: 160.06p 12,450
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
e) Date of the transaction 6 April 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
6 April 2023
f)
Place of the transaction
London Stock Exchange, AIM
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