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Last checked at 
14 Jun 2024 07:00
14 June 2024
Helios Underwriting plc
("Helios" or the "Company")
Scrip Dividend Reference Price
Helios, the investment vehicle which builds shareholder value through exposure to Lloyd's, announces that the scrip dividend reference price for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the total dividend of 6.0p per share for the year ended 31 December 2023 will be 183.5p per share.
The scrip reference price is calculated as the average of the Company's closing middle market share price for the five consecutive dealing days commencing on the ex-dividend date of 6 June 2024.
The timetable for the proposed scrip dividend, which remains subject to approval at the Company's Annual General Meeting to be held on 28 June 2024, is as follows:
28 June 2024 | Final date for receipt of Scrip Dividend Mandate Election forms and CREST Dividend Election Input Messages |
12 July 2024 | Allotment of New Shares to Certificated and CREST Shareholders and admission for trading |
For further information, please contact:
Helios Underwriting plc
Michael Wade - Executive Chairman Michael.Wade@huwplc.com
Arthur Manners - Chief Financial Officer +44 (0)203 965 6441
Deutsche Numis (Nomad and Broker)
Giles Rolls / Charles Farquhar
+44 (0)20 7260 1000
FTI Consulting
Ed Berry / Tom O'Brien
+44 (0)7703 330 199 / +44 (0)7929 021 492
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 £507m of capacity for the 2024 account. The portfolio provides a good spread of business being concentrated in property & casualty insurance and reinsurance. For further information please visit www.huwplc.com.
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