HUW.L

Helios Underwriting Plc
Helios Underwriting - Scrip Dividend Reference Price
14th June 2024, 06:00
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RNS Number : 3974S
Helios Underwriting Plc
14 June 2024
 

14 June 2024

Helios Underwriting plc

("Helios" or the "Company")

 

Scrip Dividend Reference Price

Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's, announces that the scrip dividend reference price for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the total dividend of 6.0p per share for the year ended 31 December 2023 will be 183.5p per share.

The scrip reference price is calculated as the average of the Company's closing middle market share price for the five consecutive dealing days commencing on the ex-dividend date of 6 June 2024.

The timetable for the proposed scrip dividend, which remains subject to approval at the Company's Annual General Meeting to be held on 28 June 2024, is as follows:

28 June 2024

Final date for receipt of Scrip Dividend Mandate Election forms and CREST Dividend Election Input Messages

12 July 2024

Allotment of New Shares to Certificated and CREST Shareholders and admission for trading

 

For further information, please contact:

 

Helios Underwriting plc

 

Michael Wade - Executive Chairman 
 Michael.Wade@huwplc.com     


 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 £507m 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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