HELIOS UNDERWRITING PLC — Director's Dealing 2026

Jun 5, 2026

National Storage Mechanism | Additional information

RNS Number : 2651H

Helios Underwriting Plc

05 June 2026

Helios Underwriting plc

5 June 2026

Helios Underwriting plc

("Helios", the "Company" or the "Group")

Notification and public disclosure of transactions by PDMRS

Grant of LTIP Award

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, announces that on 5 June 2026 the following Award over ordinary shares of 10 pence each in the Company was granted under the Helios Underwriting plc Long Term Incentive Plan to the following person discharging managerial responsibilities:

Participant	Position	Number of Shares under Award	Normal Vesting Date
Jen Tan	Chief Underwriting Officer	32,032	4 June 2029

The Award was granted as a nil cost option.

The Award will ordinary vest on its Normal Vesting Date, subject to the grantee's continued service.

The Award is subject to performance conditions. As summarised in the table immediately below; such performance conditions set threshold to stretch targets in respect of Company's total shareholder return ("TSR") over the three year period following 4 June 2026. No portion of the Award shall performance vest unless the Company's TSR over the performance period reaches the threshold target, for which 25% of the Award would performance vest, rising to full performance vesting of the Award for the Company's TSR over the performance period being equal to the stretch target or better.

The Company's TSR over the 3 year performance period	% of the Normal LTIP Award that vests
Less than 15%	Nil
15% to 45%	Between 25% and 100% on straight-line basis
45% or more	100%

The Award is also subject to an underpin condition.

The Award is in addition to the Award granted to Ms Tan on 4 June 2026 as previously notified.

The information set out below is provided in accordance with the requirements of UK MAR.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jen Tan

2

Reason for Notification

a)

Position/status

Chief Underwriting Officer

b)

Initial notification/Amendment

Initial Announcement

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

Grant of options over ordinary shares under the Helios Underwriting plc Long Term Incentive Plan with an option price of nil pence per share.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1. Nil	32,032

d)

Aggregated information

-  Aggregated volume

-  Price

Not applicable - single transactions

Nil

e)

Date of the transaction

5 June 2026

f)

Place of the transaction

Outside a trading venue

For further information, please contact:

Helios Underwriting plc

Louis Tucker - Chief Executive Officer                           +44 (0)20 3965 6441 

Adhiraj Maitra - Director of Finance and Operations        +44 (0)20 3743 2114

Peel Hunt (Nomad, Broker and Financial Adviser)       

Dan Webster / Andrew Buchanan / Martin Frowde           +44 (0) 20 7418 8900

Singer Capital Markets (Joint Broker)

Charles Leigh-Pemberton / Russell Cook / James Todd   +44 (0)20 7496 3000

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.

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