Helios Underwriting Plc Director/PDMR Shareholding (2763F)

TIDMHUW

RNS Number : 2763F

Helios Underwriting Plc

18 February 2015

Helios Underwriting plc

("HUW" or the "Company")

Director's dealing

The Company was today notified that on 12 February 2015, Jeremy Evans, a director of the Company, sold 25,000 ordinary shares in the capital of the Company ("Ordinary Shares") from his SIPP at a price of 120p per Ordinary Share (the "Sale"). The Sale was undertaken as part of the transfer of Mr. Evans' shareholding to a new SIPP provider.

It is intended that Mr. Evans' new SIPP provider will purchase Ordinary Shares in order to restore Mr. Evans' interest in the Company. A further announcement will be made in this regard in due course.

Following the Sale, Mr. Evans is now interested in 26,002 Ordinary Shares, representing 0.30% of the Company's issued share capital.

For further information please contact:

 
 HUW                                  nigel.hanbury@huwplc.com 
  Nigel Hanbury - Chief Executive 
 Smith & Williamson Corporate 
  Finance 
  David Jones                        020 7131 4000 
 Westhouse Securities 
  Robert Finlay                      020 7601 6100

About HUW

HUW 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). HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing GBP22 million of capacity for the 2015 account. The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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