Helios Underwriting Plc Scrip Dividend Reference Price (8892C)

TIDMHUW

RNS Number : 8892C

Helios Underwriting Plc

16 June 2023

Helios Underwriting plc

("Helios" or the "Company")

Scrip Dividend Reference Price

Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's, announces that the scrip dividend reference price for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the total dividend of 3.0p per share for the year ended 31 December 2022 will be 175p per share.

The scrip reference price is calculated as the average of the Company's closing middle market share price for the five consecutive dealing days commencing on the ex-dividend date of 8 June 2023.

The timetable for the proposed scrip dividend, which remains subject to approval at the Company's Annual General Meeting to be held on 29 June 2023, is as follows:

 
 30 June   Final date for receipt of Scrip Dividend Mandate 
  2023      Election forms and CREST Dividend Election Input 
            Messages 
 14 July   Allotment of New Shares to Certificated and CREST 
  2023      Shareholders and admission for trading 
          --------------------------------------------------

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 .

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

MSCEADKSFDLDEFA

(END) Dow Jones Newswires

June 16, 2023 02:00 ET (06:00 GMT)

Helios Underwriting (LSE:HUW)
Historical Stock Chart
From Jun 2024 to Jul 2024