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On 14 July 2023, Helios Underwriting plc's Executive Deputy Chairman, Nigel Hanbury, was issued 23,674 ordinary shares at a reference price of 175p per share through a scrip dividend alternative. Following this, Mr. Hanbury holds 9,386,032 ordinary shares, representing 12.13% of the Company's voting rights.
| Date | 14 Jul 2023 |
| Time | 07:00:04 |
| Category | Director/PDMR dealings |
| ID | 7968F |
14 July 2023
Helios Underwriting plc
("Helios" or the "Company")
Director Dealing
Helios has been informed that, pursuant to the scrip dividend alternative offered in lieu of cash for the total dividend for the year ended 31 December 2022, Nigel Hanbury (the Company's Executive Deputy Chairman) has been issued today with a total of 23,674 ordinary shares of 10p each ("Ordinary Shares") at the scrip dividend reference price of 175p per share. Mr Hanbury is now interested in 9,386,032 Ordinary Shares, representing 12.13% of the Company's voting rights.
For further information, please contact:
Helios Underwriting plc
Martin Reith - Chief Executive Officer +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
Numis (Nomad and Broker)
Giles Rolls / Charles Farquhar +44 (0)20 7260 1000
Buchanan (PR)
Helen Tarbet / 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.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name
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Nigel Hanbury |
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2 |
Reason for the notification |
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Executive Deputy Chairman |
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b) |
Initial notification/Amendment
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Helios Underwriting Plc |
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b) |
LEI |
213800FX86DJW5TCM864 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 10 pence each
ISIN - GB00B23XLS45 |
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b) |
Nature of the transaction
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Purchase of Ordinary Shares via Scrip Dividend Scheme |
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c) |
Price(s) and volume(s)
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d) |
Aggregated information
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e) |
Date of the transaction |
14 July 2023 |
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f) |
Place of the transaction
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London Stock Exchange, AIM |
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