Helios Underwriting Plc Director's/PCA Shareholdings (5440B)
June 05 2023 - 2:00AM
UK Regulatory
TIDMHUW
RNS Number : 5440B
Helios Underwriting Plc
05 June 2023
Helios Underwriting plc
("Helios", the "Company" or the "Group")
Director's/PCA Shareholdings
Helios, the investment vehicle which builds shareholder value
through exposure to Lloyd's was informed on 2 June 2023 that
Michael Cunningham Non-Executive Chairman, and a person discharging
managerial responsibilities ("PDMR") of the Company, on 1 June 2023
sold 23,600 ordinary shares of 10 pence each ("Ordinary Shares") at
a price of 171.0 pence per share, and subsequently, he and his wife
each purchased 11,800 Ordinary Shares at a price of 171.0 pence per
share into their Individual Savings Accounts, in order to effect
"Bed and ISA" trades.
The notification below, which has been made in accordance with
the requirement of the EU Market Abuse Regulation, provides further
details.
For further information, please contact:
Helios Underwriting plc
Martin Reith - CEO +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
Numis (Nomad and Broker)
Giles Rolls / Charles Farquhar +44 (0)20 7260 1000
Buchanan (PR)
Helen Tarbet / 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 .
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Michael Cunningham
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
Director and 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 pence each
instrument
ISIN - GB00B23XLS45
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction On market sale of Ordinary Shares and immediate
purchase by way of Bed and ISA arrangement
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale: 171.0p 23,600
Purchase: 171.0p 11,800
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
Sale: as above As above
Purchase: as above As above
----------
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 01 June 2023
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Virginia Cunningham
------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
Person Closely Associated with Michael Cunningham,
a) Position/status Director of the Company
------------------------------------------------------- -------------------------------------------------------
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 pence each
instrument
ISIN - GB00B23XLS45
Identification code
------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction On market purchase of Ordinary Shares into an ISA
------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Purchase: 171.0p 11,800
----------
------------------------------------------------------- -------------------------------------------------------
d) Aggregated information Price(s) Volume(s)
Purchase: as above As above
----------
------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 01 June 2023
------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------------------------- -------------------------------------------------------
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END
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