TR1 - Change in breakdown of voting rights
Helios Underwriting Plc announced on November 5, 2025, that Michael Spencer, through IPGL Ltd, has increased his major holding in the company. On November 3, 2025, Spencer's total voting rights attached to shares crossed a notifiable threshold, rising from a previous position of 7.920000% to 8.240000%. This new position represents a total of 5,735,635 voting rights in the company. This increase in a significant shareholder's stake could be viewed positively by the market, potentially signaling enhanced confidence in the company's future performance.
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Issuer Details
ISIN
GB00B23XLS45
Issuer Name
HELIOS UNDERWRITING PLC
UK or Non-UK Issuer
UK
Reason for Notification
An event changing the breakdown of voting rights
Details of person subject to the notification obligation
Name
Michael Spencer
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
Details of the shareholder
| Name | City of registered office | Country of registered office |
| IPGL LTD | LONDON | UNITED KINGDOM |
Date on which the threshold was crossed or reached
03-Nov-2025
Date on which Issuer notified
05-Nov-2025
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 8.240000 | 0.000000 | 8.240000 | 5735635 |
| Position of previous notification (if applicable) | 7.920000 | 0.000000 | 7.920000 | |
| 8A. Voting rights attached to shares | ||||
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00B23XLS45 | 5735635 | 0 | 8.240000 | 0.000000 |
| Sub Total 8.A | 5735635 | 8.240000% | ||
Financial Instruments according to (DTR5.3.1R.(1) (a))
Sub Total 8.B1
- Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Sub Total 8.B2
- Information in relation to the person subject to the notification obligation
| MR Michael Spencer | n/a | 8.240000 | 0.000000 | 8.240000% |
| Mr Michael Spencer | IPGL (Holdings) Ltd | 8.240000 | 0.000000 | 8.240000% |
| Mr Michael Spencer | IPGL Ltd | 8.240000 | 0.000000 | 8.240000% |
In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
- Additional Information
- Date of Completion
05-Nov-2025
Place Of Completion
London
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.