Holding(s) in Company
Polar Capital LLP notified on 02/11/2026 that its holding in Helios Underwriting PLC reached 15.59% (10,424,605 voting rights) of the issuer's 66,829,386 total voting rights following a 'transaction in own shares' on 30/10/2026; this compares with a prior 14.87% holding (a 0.72 percentage-point increase) and no financial instruments were reported, indicating a higher concentrated stake that may affect voting influence or reflect issuer buyback activity.
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Non-UK issuer
- Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
| Other (please specify) iii : Transaction in own shares | x |
Details of person subject to the notification obligation iv
| Name | Polar Capital LLP |
| City and country of registered office (if applicable) | London, UK |
Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
| 5. Date on which the threshold was crossed or reached vi : | 30/10/2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 02/11/2026 |
- Total positions of person(s) subject to the notification obligation
| % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuer vii |
|---|---|---|---|
| Resulting situation on the date on which threshold was crossed or reached | 15.59% | 15.59% | 66,829,386 |
| Position of previous notification (if applicable) | 14.87% | 14.87% | |
| A: Voting rights attached to shares | |||
| Class/type of shares ISIN code (if possible) | Number of voting rights ix | % of voting rights | |
| Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
| GB00B23XLS45 | 10,424,605 | 15.59% | |
| SUBTOTAL 8. A | 10,424,605 | 15.59% | |
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
| Type of financial instrument | Expiration date x | Exercise/ Conversion Period xi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |
| SUBTOTAL 8. B 1 | |||||
| Type of financial instrument | Expiration date x | Exercise/ Conversion Period xi | Physical or cash settlement xii | Number of voting rights | % of voting rights |
| SUBTOTAL 8.B.2 | |||||
| Name xv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | ||
| Polar Capital Holdings PLC | % | % | % | ||
| Polar Partners Limited | % | % | % | ||
| Polar Capital US Holdings Limited | % | % | % | ||
| Polar Capital (America) Corporation | % | % | % | ||
| Polar Capital Holdings LLC | % | % | % | ||
| Polar Capital LLP | 15.59% | % | 15.59% | ||
In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
Additional information xvi
| Place of completion | London, UK |
| Date of completion | 02/11/2026 |
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