Helios Underwriting plc

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

Director's/PCAs' Shareholdings

Helios, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, was informed on 6 April 2023 that, Nigel Hanbury, Executive Deputy Chairman and person discharging managerial responsibilities ("PDMR") of the Company, and his three children, Elizabeth Hanbury, George Hanbury and Clementine Hanbury, each of whom are persons closely associated ("PCA") with him, have sold a number of ordinary shares of 10 pence each ("Ordinary Shares"), and subsequently repurchased the same number of Ordinary Shares into their respective Individual Savings Accounts (ISAs), in order to effect "Bed and ISA" trades. Details of these trades are as set out below:

Following the completion of the above transactions, Nigel Hanbury's ultimate beneficial ownership, including shares held by his immediate family members, is unchanged and remains at 9,562,358 Ordinary Shares in total, representing approximately 12.37 per cent. of the Company's total voting rights.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transactions.

For further information please contact:

Helios Underwriting plc

Martin Reith - Chief Executive                                 +44(0)7720 292 505

Nigel Hanbury - Executive Deputy Chairman       +44 (0)7787 530 404

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

Shore Capital (Nomad and Broker)

Robert Finlay                                                               +44 (0)20 7408 4080

David Coaten    

Henry Willcocks

Buchanan

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 £297m of capacity for the 2023 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.