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Completion of Acquisition

6th Dec 2018 12:47

RNS Number : 7037J
Helios Underwriting Plc
06 December 2018
 

Helios Underwriting plc

("Helios" or the "Company")

Acquisition of Advantage DCP Limited

 

Further to the Company's announcement made on 15th November 2018, Helios is pleased to announce completion of the acquisition of Advantage DCP Limited ("Advantage"), a limited liability member of Lloyd's, following approval by Lloyds' of London of the change of control of Advantage.

 

For further information please contact:

Helios Underwriting plc

Nigel Hanbury - Chief Executive 07787 530 404 

Arthur Manners - Chief Financial Officer 07754 965 917

Stockdale Securities Limited

Robert Finlay 020 7601 6100

David Coaten

 

 

 

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 £45m of capacity for the 2018 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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