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Helios Underwriting ( (GB:HUW) ) has issued an announcement.
Helios Underwriting plc announced the sale of ordinary shares under its Joint Share Ownership Plan (JSOP) by a person discharging managerial responsibilities, Nigel Hanbury. The transaction involved the sale of 434,552 shares at £2.02 per share, with proceeds split between Mr. Hanbury and the JSOP Co-Owner. The sale was part of a broader transaction involving loan funding by Helios to the Trust, which was deemed fair and reasonable by independent directors. This transaction impacts the company’s shareholding structure and reflects its ongoing financial strategies.
More about Helios Underwriting
Helios Underwriting plc is a company that provides limited liability direct investment into the Lloyd’s insurance market. It is publicly traded on the London Stock Exchange’s AIM market under the ticker HUW. Helios operates within the Lloyd’s insurance market, offering a diverse portfolio that primarily participates in the US and other international wholesale and reinsurance markets.
Average Trading Volume: 29,486
Technical Sentiment Signal: Buy
Current Market Cap: £153.8M
See more insights into HUW stock on TipRanks’ Stock Analysis page.