REG - Helios Underwriting - Scrip Dividend Reference Price

Helios UnderwritingAnnouncement

14/06/2024 07:00

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RNS Number : 3974S  Helios Underwriting Plc  14 June 2024

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 (mailto: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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