Helios Underwriting Plc Director/PCA Shareholding (8606R)
March 11 2021 - 2:00AM
UK Regulatory
TIDMHUW
RNS Number : 8606R
Helios Underwriting Plc
11 March 2021
Helios Underwriting plc
("Helios" , "Company" or the "Group" )
Director 's /PCA s' 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 p erson
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
Account s (ISA s ) , in order to effect "Bed and ISA" trades.
Details of these trades are as set out below:
Name Position/status No. of Ordinary Sale price No. of Ordinary Purchase
Shares Sold Shares Repurchased Price
Nigel Hanbury Director/PDMR 173,000 165p 173,000 165.017p
---------------- ---------------- ----------- -------------------- ----------
Elizabeth Hanbury PCA 151,500 165p 151,500 165.02p
---------------- ---------------- ----------- -------------------- ----------
George Hanbury PCA 127,800 165p 127,800 165.0203p
---------------- ---------------- ----------- -------------------- ----------
Clementine Hanbury PCA 90,500 165p 90,500 165.033p
---------------- ---------------- ----------- -------------------- ----------
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 27.53 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 / nigel.hanbury@huwplc.com
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 GBP110m 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.
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Nigel Hanbury
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
Director, a PDMR of the issuer
a) Position/status
------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name Helios Underwriting Plc
------------------------------------------------------- -------------------------------------------------------
b) LEI 213800FX86DJW5TCM864
------------------------------------------------------- -------------------------------------------------------
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
----------------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of Ordinary Shares of 10 pe nce each
instrument
ISIN - GB00B23XLS45
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction On market sale of Ordinary Shares and immediate
repurchase by way of Bed and ISA arrangement
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 165p 173,000
Purchase: 165.017p 173,000
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
----------
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 10 March 2021
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Elizabeth Hanbury
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
PCA of Nigel Hanbury
a) Position/status
------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name Helios Underwriting Plc
------------------------------------------------------- -------------------------------------------------------
b) LEI 213800FX86DJW5TCM864
------------------------------------------------------- -------------------------------------------------------
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
----------------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of Ordinary Shares of 10 pe nce each
instrument
ISIN - GB00B23XLS45
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction On market sale of Ordinary Shares and immediate
repurchase by way of Bed and ISA arrangement
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 165p 151,500
Purchase: 165.02p 151,500
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
----------
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 10 March 2021
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name George Hanbury
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
PCA of Nigel Hanbury
a) Position/status
------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name Helios Underwriting Plc
------------------------------------------------------- -------------------------------------------------------
b) LEI 213800FX86DJW5TCM864
------------------------------------------------------- -------------------------------------------------------
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
----------------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of Ordinary Shares of 10 pe nce each
instrument
ISIN - GB00B23XLS45
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction On market sale of Ordinary Shares and immediate
repurchase by way of Bed and ISA arrangement
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 165p 127,800
Purchase: 165.0203p 127,800
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
----------
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 10 March 2021
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Clementine Hanbury
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
PCA of Nigel Hanbury
a) Position/status
------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment Initial Notification
------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------------------------
a) Name Helios Underwriting Plc
------------------------------------------------------- -------------------------------------------------------
b) LEI 213800FX86DJW5TCM864
------------------------------------------------------- -------------------------------------------------------
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
----------------------------------------------------------------------------------------------------------------
a) Description of the financial instrument, type of Ordinary Shares of 10 pe nce each
instrument
ISIN - GB00B23XLS45
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction On market sale of Ordinary Shares and immediate
repurchase by way of Bed and ISA arrangement
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 165p 90,500
Purchase: 165.033p 90,500
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
----------
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 10 March 2021
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------- -------------------------------------------------------
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