TIDMHUW

RNS Number : 6917V

Helios Underwriting Plc

11 April 2023

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 on 6 April 2023 that, Nigel Hanbury , Executive Deputy Chairman 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      No. of Ordinary     Purchase 
                                           Shares Sold      price    Shares Repurchased     Price 
 Nigel Hanbury         Director/PDMR         12,450         160p          12,450          160.06p 
                      ----------------  ----------------  -------  --------------------  --------- 
 Elizabeth Hanbury          PCA              12,450         160p          12,450          160.06p 
                      ----------------  ----------------  -------  --------------------  --------- 
 George Hanbury             PCA              12,450         160p          12,450          160.06p 
                      ----------------  ----------------  -------  --------------------  --------- 
 Clementine Hanbury         PCA              12,450         160p          12,450          160.06p 
                      ----------------  ----------------  -------  --------------------  --------- 
 

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 9,562,358 Ordinary Shares in total, representing approximately 12.37 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

   Martin Reith - Chief Executive                                 +44(0)7720 292 505 
   Nigel Hanbury - Executive Deputy Chairman       +44 (0)7787 530 404 
   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

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 GBP297m of capacity for the 2023 account. The portfolio provides a good spread of business being concentrated in property & casualty 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: 160p        12,450 
                                                                  Purchase: 160.06p     12,450 
                                                                                      ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                         Price(s)         Volume(s) 
                                                                    Sale: as above      As above 
                                                                   Purchase: as above    As above 
                                                                                       ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                  6 April 2023 
      -------------------------------------------------------  ------------------------------------------------------- 
 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: 160p        12,450 
                                                                  Purchase: 160.06p     12,450 
                                                                                      ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                         Price(s)         Volume(s) 
                                                                    Sale: as above      As above 
                                                                   Purchase: as above    As above 
                                                                                       ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                  6 April 2023 
      -------------------------------------------------------  ------------------------------------------------------- 
 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: 160p        12,450 
                                                                  Purchase: 160.06p     12,450 
                                                                                      ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                         Price(s)         Volume(s) 
                                                                    Sale: as above      As above 
                                                                   Purchase: as above    As above 
                                                                                       ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                  6 April 2023 
      -------------------------------------------------------  ------------------------------------------------------- 
 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: 160p        12,450 
                                                                  Purchase: 160.06p     12,450 
                                                                                      ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information                                         Price(s)         Volume(s) 
                                                                    Sale: as above      As above 
                                                                   Purchase: as above    As above 
                                                                                       ---------- 
      -------------------------------------------------------  ------------------------------------------------------- 
 e)    Date of the transaction                                  6 April 2023 
      -------------------------------------------------------  ------------------------------------------------------- 
 f)    Place of the transaction                                 London Stock Exchange, AIM 
      -------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUPUUCCUPWGAQ

(END) Dow Jones Newswires

April 11, 2023 02:00 ET (06:00 GMT)

Helios Underwriting (LSE:HUW)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Helios Underwriting Charts.
Helios Underwriting (LSE:HUW)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Helios Underwriting Charts.