Helios Underwriting (GB:HUW) has released an update.
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Helios Underwriting plc has announced the issuance of 164,469 new ordinary shares as part of its scrip dividend alternative, with trading on the AIM market of the London Stock Exchange set to begin on 16 July 2024. Following the issuance, Helios’s total issued share capital will be 78,110,302 Ordinary Shares, excluding treasury shares. The company specializes in the Lloyd’s insurance market with a focus on property and casualty insurance and reinsurance, writing about £512m of capacity for the 2024 account.
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