Scrip Dividend Reference Price

RNS Number : 4661B

Helios Underwriting Plc

17 June 2016

 

Helios Underwriting Plc

17 June 2016

Helios Underwriting Plc

("Helios" or the "Company")

Scrip Dividend Reference Price

The Company announces that the scrip dividend reference price for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the total dividend of 5.0p per share for the year ended 31 December 2015 will be 179.6p per share.

The scrip reference price is calculated as the average of the Company's closing middle market share price for the five consecutive dealing days commencing on the ex-dividend date of 9 June 2016.

The timetable for the proposed scrip dividend, which remains subject to approval at the Company's Annual General Meeting to be held on 28 June 2016, is as follows:

29 June 2016	Final date for receipt of scrip dividend mandate election forms and CREST dividend election input messages
6 July 2016	Allotment of new shares to certificated and CREST shareholders, admission to trading and posting of tax vouchers

 
For further information please contact:

Helios	Nigel Hanbury Arthur Manners	020 7863 6655 / [e-mail] 07754 965917
Stockdale Securities	Robert Finlay Rose Ramsden	020 7601 6100

 

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