Helios Underwriting Plc Scrip Dividend Reference Price (8892C)
June 16 2023 - 2:00AM
UK Regulatory
TIDMHUW
RNS Number : 8892C
Helios Underwriting Plc
16 June 2023
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
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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 .
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END
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June 16, 2023 02:00 ET (06:00 GMT)
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