Close
RNS Number : 6451A
Helios Underwriting Plc
30 May 2019
 

30 May 2019

Helios Underwriting plc

("Helios" or the "Company")

Director's Disclosure

 

Helios makes the following disclosures pursuant to Rule 17 of the AIM Rules for Companies.

Michael Cunningham, the Non-Executive Chairman of the Company and who earlier in his career worked as a fund manager of venture capital trusts, was a director of Forward Media Ltd ("Forward Media") at the time it was put into a creditors' voluntary liquidation on 15 June 2009. Forward Media was dissolved on 22 December 2010 with no shortfall to creditors.

Mr Cunningham was also a director of Double Take Studios Limited ("Double Take Studios"), resigning on 19 January 2011. On 15 November 2011, within 12 months of Mr Cunningham ceasing to act as a director, Double Take Studios entered into administration and subsequently moved from administration to a creditors' voluntary liquidation on 30 April 2013. The shortfall to creditors amounted to approximately £6.1m. Double Take Studios was subsequently dissolved on 5 May 2019.

There are no further disclosures to be made pursuant to Rule 17 of the AIM Rules for Companies.

 

For further information please contact:

 

Helios Underwriting plc

Nigel Hanbury - Chief Executive                                                               07787 530 404 / nigel.hanbury@huwplc.com

Arthur Manners - Chief Financial Officer                                                07754 965 917

Stockdale Securities Limited

Robert Finlay/David Coaten                                                             020 7601 6100

Buchanan                                                                                            020 7466 5000

Helen Tarbet

Henry Wilson

Hannah Ratcliff

 

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 £54m of capacity for the 2019 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 rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCAMMJTMBBJBBL