6 Dec 2018 12:47
Helios Underwriting plc
("Helios" or the "Company")
Acquisition of Advantage DCP Limited
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Further to the Company's announcement made on 15th November 2018, Helios is pleased to announce completion of the acquisition of Advantage DCP Limited ("Advantage"), a limited liability member of Lloyd's, following approval by Lloyds' of London of the change of control of Advantage.
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For further information please contact:
Helios Underwriting plc
Nigel Hanbury - Chief Executive 07787 530 404Â
Arthur Manners - Chief Financial Officer 07754 965 917
Stockdale Securities Limited
Robert Finlay 020 7601 6100
David Coaten
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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 £45m of capacity for the 2018 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.
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