23rd September 2021

Helios Underwriting plc

 ("Helios" or the "Company")

Acquisition of Limited Liability Vehicles (LLVs)

Further to its announcement of 22 September 2021, Helios, the unique investment vehicle which acquires and consolidates private underwriting capacity at Lloyd's, is pleased to announce that it has acquired a further three LLVs for an aggregate cash consideration of approximately £1.95 million acquiring syndicate capacity of £2.39 million.  The details are as follows: 

Further announcements will be made in due course as the Company's pipeline of LLV acquisitions complete.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) NO 596/2014.

For further information, please contact:

Helios Underwriting plc

Nigel Hanbury - Chief Executive                                               +44 (0)7787 530 404 / [email protected]

Arthur Manners - Chief Financial Officer                               +44 (0)7754 965 917

Shore Capital (Nomad and Broker)

Robert Finlay                                                                               +44 (0)20 7601 6100

David Coaten

Willis Re Securities (Financial Adviser)

Alastair Rodger                                                                           +44 (0)20 3124 6033

Buchanan (PR)

Helen Tarbet / Henry Wilson / George Beale                        +44 (0)7872 604 453

                                                                                                       +44 (0)20 7466 5111

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 £110m of capacity for the 2021 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.