REG - Helios Underwriting - Director's Shareholding

Helios UnderwritingAnnouncement

03/06/2024 15:30

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RNS Number : 9169Q  Helios Underwriting Plc  03 June 2024

3 June 2024

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 31 May 2024 that Mr Nigel Hanbury,
Executive Deputy Chairman and Director of the Company and persons closely
associated with Mr Hanbury, on the same day, sold 47,600 ordinary shares of 10
pence each ("Ordinary Shares") at a price of 170 pence per share and
subsequently purchased 46,400 Ordinary Shares at a price of 170 pence per
share and 1,200 Ordinary Shares at a price of 175 pence per share. Mr
Hanbury's total interest remains unchanged at 9,448,419 Ordinary Shares,
representing 12.64% of the issued share capital of the Company.

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) 203 965 6441

Nigel Hanbury - Executive Deputy Chairman

Arthur Manners - Chief Financial Officer

 

Deutsche Numis (Nomad and Broker)
 

Giles Rolls / Charles
Farquhar
+44 (0)20 7260 1000

 

 FTI Consulting

 Ed Berry                  +44 (0)7703 330 199

 Nathan Hambrook-Skinner   +44 (0)7977 817 092

 Tom O'Brien               +44 (0)7929 021 492

 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 £502m of capacity for the 2024 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 (Director)

                                                                  Elizabeth Hanbury (PCA)

                                                                  Clementine Hanbury (PCA)

                                                                  George Hanbury (PCA)
 2   Reason for the notification
 a)  Position/status                                              Director

                                                                  PCA
 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 and purchase of Ordinary Shares

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

                                                            Sale: 170p      11,900
                                                                  Sale: 170p      11,900
                                                                  Sale: 170p      11,900
                                                                  Sale: 170p      11,900
                                                                  Purchase: 170p  11,600
                                                                  Purchase: 170p  11,600
                                                                  Purchase: 170p  11,600
                                                                  Purchase: 170p  11,600
                                                                  Purchase: 175p  300
                                                                  Purchase: 175p  300
                                                                  Purchase: 175p  300
                                                                  Purchase: 175p  300
 d)  Aggregated information                                       Price(s)        Volume(s)

                                                            Sale: 170p      47,600
                                                                  Purchase: 170p  46,400
                                                                  Purchase: 175p  1,200
 e)  Date of the transaction                                      31 May 2024
 f)  Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

 

 Price(s)        Volume(s)
 Sale: 170p      47,600
 Purchase: 170p  46,400
 Purchase: 175p  1,200

e)

Date of the transaction

31 May 2024

f)

Place of the transaction

 

London Stock Exchange, AIM

 

 

 

 

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