Share Repurchase Programme - 2025
In brief · summary, not quotable
Board approves share repurchase programme of up to £2m under existing authority.
- Maximum repurchase amount £2,000,000
- Remaining repurchase authority 5,007,848 ordinary shares
- Total issued share capital 78,110,302 ordinary shares
- Shares held in treasury 5,667,335 ordinary shares
Full announcement
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Helios, the only publicly traded company offering instant access to a diverse portfolio of syndicates at Lloyd's of London, announces that the Board of Directors has approved a share repurchase programme to return up to a maximum aggregate amount £2,000,000 to the Company's shareholders ("The Programme").
About the Programme
- The aggregate number of ordinary shares of 10 pence each ("Ordinary Shares") acquired by the Company pursuant to this share purchase programmes shall not exceed the maximum number of Ordinary Shares which the Company is authorised to purchase pursuant to the authority obtained at the Company's AGM to repurchase up to a maximum 7,474,514 Ordinary Shares ("General Authority") that was approved at the 2024 AGM on 28 June 2024.
- On 23rd July 2024 the Company announced a further repurchase of 2,466,666 ordinary shares, leaving authority to re-purchase a further 5,007,848 ordinary shares
- The Company confirms that it currently has no unpublished inside information.
- As at 7th April the Company's total issued share capital consisted of 78,110,302 Ordinary Shares, with one voting right per share. The Company holds 5,667,335 Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company was 72,442,947.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.