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HELIOS UNDERWRITING PLC

Director's Dealing Jul 17, 2024

7691_dirs_2024-07-17_b2338c51-5270-4f9c-ac2b-8ee4e6e2acc4.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 7432W

Helios Underwriting Plc

17 July 2024

17 July 2024

Helios Underwriting plc

("Helios" or the "Company")

Director's Shareholding

Helios has been informed that, pursuant to the scrip dividend alternative offered in lieu of cash for the total dividend for the year ended 31 December 2023, Nigel Hanbury (Non-Executive Deputy Chairman) and persons closely associated with Mr Hanbury, have been issued with a total of 46,306 ordinary shares of 10p each ("Ordinary Shares") at the scrip dividend reference price of 183.5p per share.  Mr Hanbury is now interested in 9,494,725 Ordinary Shares, representing 12.67% of the Company's voting rights.

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

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.

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

Identification code

Ordinary Shares of 10 pence each

ISIN - GB00B23XLS45

b)

Nature of the transaction

Purchase of Ordinary Shares via Scrip Dividend Scheme

c)

Price(s) and volume(s)

Price(s) Volume(s)
Purchase: 183.5p 7,237
Purchase: 183.5p 6,916
Purchase: 183.5p 6,101
Purchase: 183.5p 4,810
Purchase: 183.5p 6,125
Purchase: 183.5p 6,930
Purchase: 183.5p 8,187

d)

Aggregated information

Price(s) Volume(s)
Purchase: 183.5p 46,306

e)

Date of the transaction

12 July 2024

f)

Place of the transaction    

London Stock Exchange, AIM

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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