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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
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