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Share Name Share Symbol Market Type Share ISIN Share Description
Helios Underwriting Plc LSE:HUW London Ordinary Share GB00B23XLS45 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 170.00 165.00 175.00 170.00 170.00 170.00 1,877 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 47.6 4.3 25.6 6.6 115

Helios Underwriting Plc Directorate Change

08/02/2021 7:00am

UK Regulatory (RNS & others)


Helios Underwriting (LSE:HUW)
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RNS Number : 2332O

Helios Underwriting Plc

08 February 2021

Helios Underwriting plc

("Helios" or the "Company")

Director ate Change

Helios Underwriting plc, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, today announces that Jeremy Evans has stepped down from the Board and his position as Non-Executive Director with immediate effect.

As Helios is considering accelerating its acquisition of limited liability vehicles, Jeremy believes that it is now appropriate to retire from the B oard, after 13 years of service, in order to focus on his other roles at Nomina plc and Hampden Capital plc. Hampden continues to provide services to the Company and retains a 3.62 per cent. shareholding.

Michael Cunningham, Non-Executive Chairman of Helios, commented: "On behalf of the Board, I would like to thank Jeremy for his substantial contribution to the Company over the many years, in what has been a period of positive transformation for the business. He leaves with all our best wishes for the future. "

For further information please contact:

Helios Underwriting plc

   Nigel Hanbury - Chief Executive                                               +44 (0)7787 530 404 / nigel.hanbury@huwplc.com 
   Arthur Manners - Chief Financial Officer                               +44 (0)7754 965 917 

Shore Capital (Nomad and Broker)

Robert Finlay +44 (0)20 7408 4080

David Coaten

Henry Willcocks

Willis Re Securities (Financial Adviser)

Alastair Rodger +44 (0)20 3124 6033

Quentin Perrot +44 (0)20 3124 6499

Buchanan

   Helen Tarbet / Henry Wilson / George Beale                       +44 (0)7872 604 453 

+44 (0) 20 7466 5111

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 GBP110m of capacity for the 2021 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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February 08, 2021 02:00 ET (07:00 GMT)

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