Helios Underw Share News (HUW)
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Tue, 09th Mar 2021 18:04
Helios Underwriting PLC - Lloyd's of London insurer - Says it has successfully raised gross proceeds of GBP53.5 million through a placing of, and a subscription for 33.4 million shares at a price of 160 pence per share.
Current stock price: 169p, 13% lower on Tuesday
Year-to-date change: up 30%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Underwhelming results from RSA were weighing down on the non-life insurance sector on Thursday despite the FTSE 100 company swinging to a profit and recommencing its dividend payment. RSA, the third-largest insurer in the UK, reported a pre-tax profit of £275m for 2014, compared with a £244m loss th
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