Helios Underwriting Plc Completion of Acquisition (7037J)
December 06 2018 - 7:47AM
UK Regulatory
TIDMHUW
RNS Number : 7037J
Helios Underwriting Plc
06 December 2018
Helios Underwriting plc
("Helios" or the "Company")
Acquisition of Advantage DCP Limited
Further to the Company's announcement made on 15(th) November
2018, Helios is pleased to announce completion of the acquisition
of Advantage DCP Limited ("Advantage"), a limited liability member
of Lloyd's, following approval by Lloyds' of London of the change
of control of Advantage.
For further information please contact:
Helios Underwriting plc
Nigel Hanbury - Chief Executive 07787 530 404
Arthur Manners - Chief Financial Officer 07754 965 917
Stockdale Securities Limited
Robert Finlay 020 7601 6100
David Coaten
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 GBP45m of capacity
for the 2018 account. The portfolio provides a good spread of
business being concentrated in property insurance and reinsurance.
For further information please visit www.huwplc.com.
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END
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