Last checked at 19 Jun 2015 11:47
19 June 2015
Helios Underwriting plc
("HUW" or the "Company")
Director's dealing
The Company was notified yesterday that on that day, Jeremy Evans, a director of the Company, purchased on behalf of his SIPP 26,002 ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 165p per Ordinary Share. Following this purchase, Mr. Evans is now interested in 52,004 Ordinary Shares, representing 0.58% of the Company's issued share capital. This purchase was made by Mr Evans' new SIPP provider and effectively reverses the sale of 25,000 Ordinary Shares for 120p per share announced on 18 February 2015 (Mr Evans will be reimbursed the difference between the proceeds of the shares sold and the cost of an equivalent number of shares purchased).
For further information please contact:
HUW Nigel Hanbury - Chief Executive
|
nigel.hanbury@huwplc.com |
Smith & Williamson Corporate Finance David Jones
| 020 7131 4000 |
Westhouse Securities Robert Finlay
| 020 7601 6100 |
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 £25 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.