Director/PCA Shareholding

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 yesterday that, Nigel Hanbury, Chief Executive Officer 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 9,227,294 Ordinary Shares in total, representing approximately 13.62 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

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 7408 4080

David Coaten    

Henry Willcocks

Willis Re Securities (Financial Adviser)

Alastair Rodger                                                                            +44 (0)20 3124 6033

Quentin Perrot                                                                             +44 (0)20 3124 6499

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 £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.