Helios Underwriting (GB:HUW) has released an update.
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Helios Underwriting plc, a consolidator of underwriting capacity at Lloyd’s, has awarded nil cost option shares to its COO, Adhiraj Maitra, under its Long-Term Incentive Plan (LTIP). Maitra received a ‘Buy-out Award’ of 70,000 shares and a ‘Normal LTIP Award’ of 112,500 shares, with vesting periods set for 2025 and 2027, respectively, contingent on continued service and performance conditions. The company, which trades on the London Stock Exchange’s AIM market, specializes in property and casualty insurance and reinsurance.
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