Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Helios Underwriting PLC - London-based limited liability vehicles investment company - Acquires entire issued capital of Chorlton Underwriting Ltd for £2.0 million, including £200,000 via the issue of 123,457 shares at a price £1.62 per share. The rest is payable in cash. Helios Underwriting’s issued share capital will comprise 77.5 million shares with voting rights and no restrictions following the acquisition.
Chorlton Underwriting is a specialist underwriter of niche and non-standard risks.
Current trading share: untraded at 162.50 pence, last traded at 155.00p on Thursday morning
12-month change: up 0.9%
Copyright 2023 Alliance News Ltd. All Rights Reserved