HELIOS UNDERWRITING PLC

M&A Activity • Dec 6, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 7037J

Helios Underwriting Plc

06 December 2018

Helios Underwriting plc

("Helios" or the "Company")

Acquisition of Advantage DCP Limited

Further to the Company's announcement made on 15th November 2018, Helios is pleased to announce completion of the acquisition of Advantage DCP Limited ("Advantage"), a limited liability member of Lloyd's, following approval by Lloyds' of London of the change of control of Advantage.

For further information please contact:

Helios Underwriting plc

Nigel Hanbury - Chief Executive                                                             07787 530 404 

Arthur Manners - Chief Financial Officer                                              07754 965 917

Stockdale Securities Limited

Robert Finlay                                                                                             020 7601 6100

David Coaten

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 £45m of capacity for the 2018 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

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 rns@lseg.com or visit www.rns.com.

END

ACQLLFSFFSLRIIT