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On 24 October 2025, Helios Underwriting Plc announced that shareholders at its General Meeting passed all proposed resolutions. This included increasing the Directors' fees cap from £100,000 to £500,000, supported by 94.33% of votes, and a special resolution authorising the company to make market purchases of its own shares, which received 99.69% of votes.
| Date | 24 Oct 2025 |
| Time | 12:20:51 |
| Category | AGMs and other meetings |
| ID | 7920E |
24 October 2025
Helios Underwriting plc
("Helios" or the "Company")
Results of General Meeting
Helios, the only publicly traded company offering instant access to a diverse portfolio of syndicates at Lloyd's of London, is pleased to announce the resolutions proposed at the General Meeting of the Company held earlier today, including the special resolution to approve the proposed tender offer to shareholders, were duly passed.
The full text of the resolutions considered at the General Meeting is set out in the Notice of General Meeting published on 29 September 2025, available on the Company's website at www.huwplc.com.
A poll was held for each resolution, the results of which are as follows:
|
Resolution |
For |
% |
Against |
% |
|
|
1 |
That, pursuant to Article 88, the cap on Directors fees be increased from £100,000 to £500,000 |
31,121,425 |
94.33 |
1,871,189 |
5.67 |
|
2 |
To authorise the Company to make market purchases of its own shares* |
32,947,033 |
99.69 |
102,899 |
0.31 |
*Special resolution
For further information please contact:
Helios Underwriting plc
Louis Tucker - Chief Executive Officer +44 (0)203 965 6441
Adhiraj Maitra - Director of Finance and Operations +44 (0) 203 743 2114
Deutsche Bank AG (Nomad and Broker)
Giles Rolls / Charles Farquhar +44 (0)20 7601 6100
FTI Consulting
Ed Berry +44 (0)7703 330 199
Christian Harte +44 (0)7974 288 763
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. The portfolio provides a broad spread of business primarily participating in the US and other international wholesale and reinsurance markets. For further information please visit www.huwplc.com.