Result of General Meeting
Helios Underwriting plc announced that all resolutions proposed at its General Meeting were duly passed, including the special resolution to approve the proposed tender offer to shareholders. Specifically, the resolution to increase the cap on Directors' fees from £100,000 to £500,000 was approved with 31,121,425 votes for (94.33%) and 1,871,189 votes against (5.67%). Furthermore, the authorization for the Company to make market purchases of its own shares, a special resolution, passed with 32,947,033 votes for (99.69%) and 102,899 votes against (0.31%).
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Helios, the only publicly traded company offering instant access to a diverse portfolio of syndicates at Lloyd's of London, is pleased to announce the resolutions proposed at the General Meeting of the Company held earlier today, including the special resolution to approve the proposed tender offer to shareholders, were duly passed.
The full text of the resolutions considered at the General Meeting is set out in the Notice of General Meeting published on 29 September 2025, available on the Company's website at www.huwplc.com.
A poll was held for each resolution, the results of which are as follows:
| Resolution | For | % | Against | % | |
|---|---|---|---|---|---|
| 1 | That, pursuant to Article 88, the cap on Directors fees be increased from £100,000 to £500,000 | 31,121,425 | 94.33 | 1,871,189 | 5.67 |
| 2 | To authorise the Company to make market purchases of its own shares* | 32,947,033 | 99.69 | 102,899 | 0.31 |
*Special resolution
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.