REG - Helios Underwriting - Results of Scrip Dividend Election

Helios UnderwritingAnnouncement

10/07/2024 07:00

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RNS Number : 7673V  Helios Underwriting Plc  10 July 2024

10 July 2024

Helios Underwriting plc

("Helios" or the "Company")

 

Results of Scrip Dividend Election

Underwriting ('Helios' or the 'Company'), the only publicly traded investment
company offering instant access to a diverse portfolio of insurance exposures
at Lloyd's of London, the world's largest insurance market, announces that it
has received elections to receive the final dividend for the year ended 31
December 2023 in the form of a Scrip Dividend from shareholdings totalling
5,030,063 ordinary shares.  This represents 06.73% of the total shares
currently in issue (excluding 3,200,689 ordinary shares which are held in
treasury).  164,460 new ordinary shares will be issued in lieu of a cash
dividend payable.

The payment of the dividend and issue of shares pursuant to the Scrip Dividend
was approved at the Company's Annual General Meeting ('AGM') on Friday 28 June
2024.

The dividend is due to be paid on Friday, 12 July 2024.  Admission of the new
shares is expected to occur on the same date.

 

For further information, please contact:

Helios Underwriting plc

Michael Wade - Chairman

Arthur Manners - Chief Financial Officer                  +44 (0)203
965 6441

 

Deutsche Numis (Nomad and Broker)
 

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

 

FTI Consulting

Ed Berry / Tom O'Brien
           +44 (0)7703 330 199 / +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 £512m 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.

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