Helios Underwriting Plc Result of AGM (1107R)

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RNS Number : 1107R

Helios Underwriting Plc

25 June 2020

Helios Underwriting plc

("Helios" or the "Company")

Results of Annual General Meeting

Helios, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, announces that at its Annual General Meeting ('AGM'), held earlier today, all resolutions put to shareholders were duly passed.

The full text of the resolutions considered at the AGM is set out in the Notice of AGM published on 2 June 2020, available on the Company's website at www.huwplc.com .

Results of the poll vote on each resolution are set out below:

 
 Resolution                    For         Against   Discretionary   Withheld 
     To receive the 
 1    2019 Annual Report       3,589,074   0         30,600          0 
    ------------------------  ----------  --------  --------------  --------- 
     Re-elect Nigel 
 2    Hanbury                  3,589,074   0         30,600          0 
    ------------------------  ----------  --------  --------------  --------- 
     Re-elect Andrew 
 3    Christie                 3,589,074   0         30,600          0 
    ------------------------  ----------  --------  --------------  --------- 
     Re-appointment 
 4    of the auditor           3,561,574   27,500    30,600          0 
    ------------------------  ----------  --------  --------------  --------- 
     Remuneration of 
 5    the auditor              3,561,574   27,500    30,600          0 
    ------------------------  ----------  --------  --------------  --------- 
     To renew the Directors' 
      authority to allot 
 6    securities               3,550,488   38,586    30,600          0 
    ------------------------  ----------  --------  --------------  --------- 
     To disapply pre-emption 
 7    rights                   3,476,779   95,360    30,600          16,935 
    ------------------------  ----------  --------  --------------  --------- 
     To disapply pre-emption 
      rights in respect 
      of a specified 
      capital 
 8    Investment               3,449,279   122,860   30,600          16,935 
    ------------------------  ----------  --------  --------------  --------- 
     To authorise the 
      Company to make 
      market purchases 
      of its own 
 9    shares                   3,483,011   98,143    30,600          7,920 
    ------------------------  ----------  --------  --------------  --------- 
 

For further information, please contact:

Helios Underwriting plc

   Nigel Hanbury - Chief Executive                           07787  530404 /  [e-mail] 
   Arthur Manners - Chief Financial Officer               07754 965 917 

Shore Capital

   Robert Finlay/David Coaten                                  020 7408 4090 

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 GBP70m of capacity for the 2020 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 [e-mail] or visit www.rns.com.

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June 25, 2020 07:38 ET (11:38 GMT)