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IN BRIEF: Helios Underwriting raises GBP53.5 million via fundraise

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.

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