9 Jan 2015 07:00
9 January 2015
Β
Helios Underwriting plc
("HUW" or the "Company")
Β
Completion of Acquisition of Lloyd's Limited Liability Vehicle
Β
Further to the announcement on 19 December 2014, the Company is pleased to announce that the acquisition of Nameco (No 311) Limited has completed.
Β
Β
Β
Β
Β
For further information please contact:
HUW Nigel Hanbury - Chief Executive Β | Β nigel.hanbury@huwplc.com |
Smith & Williamson Corporate Finance David Jones Β | 020 7131 4000 |
Westhouse Securities Robert Finlay Β | 020 7601 6100 |
Β
About HUW
HUW 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). HUW's subsidiary underwriting vehicles trade within the Lloyd's insurance market as corporate members of Lloyd's writing Β£21 million of capacity for the 2015 account. The portfolio provides a good spread of classes of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.
Β
Follow the stocks