Results of Scrip Dividend Election
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Underwriting ('Helios' or the 'Company'), the only publicly traded investment company offering instant access to a diverse portfolio of insurance exposures at Lloyd's of London, the world's largest insurance market, announces that it has received elections to receive the final dividend for the year ended 31 December 2023 in the form of a Scrip Dividend from shareholdings totalling 5,030,063 ordinary shares. This represents 06.73% of the total shares currently in issue (excluding 3,200,689 ordinary shares which are held in treasury). 164,460 new ordinary shares will be issued in lieu of a cash dividend payable.
The payment of the dividend and issue of shares pursuant to the Scrip Dividend was approved at the Company's Annual General Meeting ('AGM') on Friday 28 June 2024.
The dividend is due to be paid on Friday, 12 July 2024. Admission of the new shares is expected to occur on the same date.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.