6 Dec 2018 12:47
Helios Underwriting plc
("Helios" or the "Company")
Acquisition of Advantage DCP Limited
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.
For further information please contact:
Helios Underwriting plc
Nigel Hanbury - Chief Executive 07787 530 404
Arthur Manners - Chief Financial Officer 07754 965 917
Stockdale Securities Limited
Robert Finlay 020 7601 6100
David Coaten
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.
Helios Underw (HUW)