6th Jul 2016 16:55
LONDON (Alliance News) - Helios Underwriting PLC Wednesday said it has issued 125,947 shares as part of the scrip dividend offered to shareholders for the financial year to the end of 2015.
The total dividend for the year was 5.0 pence per share and the reference price of each share was 179.6 pence. The shares issued represent around 1.2% of the company's enlarged issued share capital.
Chief Executive Nigel Hanbury was issued with 32,144 of those share issued at the scrip reference price, and he now holds 1.4 million shares in Helios, equal to a 13.2% stake.
Helios shares closed up 4.7% to 179.0 pence per share on Wednesday.
By Joshua Warner; [email protected]; @JoshAlliance
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