HUW.L

Helios Underwriting Plc
Helios Underwriting - Director's Shareholding
3rd June 2024, 14:19
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 9169Q
Helios Underwriting Plc
03 June 2024
 

3 June 2024

Helios Underwriting plc

("Helios" or the "Company")

 

Director's Shareholding

Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's, was informed on 31 May 2024 that Mr Nigel Hanbury, Executive Deputy Chairman and Director of the Company and persons closely associated with Mr Hanbury, on the same day, sold 47,600 ordinary shares of 10 pence each ("Ordinary Shares") at a price of 170 pence per share and subsequently purchased 46,400 Ordinary Shares at a price of 170 pence per share and 1,200 Ordinary Shares at a price of 175 pence per share. Mr Hanbury's total interest remains unchanged at 9,448,419 Ordinary Shares, representing 12.64% of the issued share capital of the Company.

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

Martin Reith - CEO                                                       +44 (0) 203 965 6441

Nigel Hanbury - Executive Deputy Chairman         

Arthur Manners - Chief Financial Officer                

 

Deutsche Numis (Nomad and Broker)                                       

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

 

FTI Consulting 

Ed Berry

Nathan Hambrook-Skinner

Tom O'Brien

 

+44 (0)7703 330 199

+44 (0)7977 817 092

+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 £502m 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

 

On market sale and purchase of Ordinary Shares

c)

Price(s) and volume(s)

   

Price(s)

Volume(s)

Sale: 170p

11,900

Sale: 170p

11,900

Sale: 170p

11,900

Sale: 170p

11,900

Purchase: 170p

11,600

Purchase: 170p

11,600

Purchase: 170p

11,600

Purchase: 170p

11,600

Purchase: 175p

300

Purchase: 175p

300

Purchase: 175p

300

Purchase: 175p

300



d)

Aggregated information

 

Price(s)

Volume(s)

Sale: 170p

47,600

Purchase: 170p

46,400

Purchase: 175p

1,200

e)

Date of the transaction

31 May 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 rns@lseg.com 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.
 
END
 
 
DSHQKNBDQBKDFAK]]>
TwitterFacebookLinkedIn