Helios Underwriting PLC - London-based limited liability vehicles investment company - Executive Deputy Chair Nigel Hanbury sells 200,000 shares at 170 pence each, worth GBP340,000, in London on Tuesday.

In April, Helios Underwriting said it appointed Non-Executive Director Martin Reith as chief executive officer, replacing Hanbury immediately. Then, the company appointed Michael Wade as chair designate. His position will be effective on closure of its AGM on June 29.

Current stock price: 175.00 pence

12-month change: up 6.1%

By Sophie Rose, Alliance News reporter

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