Hampden Underwriting expects share listing on AIM tomorrow

Hampden Underwriting has said applications under its recently launched offer for subscription have exceeded the minimum level of £4m, and that the offer has been extended to Sept 28.

On Aug 10, the company said it would raise up to £15m through an initial public offer on AIM.

The company said it expects its shares to be admitted to AIM from Sept 4.

Hampden Underwriting has been incorporated primarily to provide a limited liability direct investment into the Lloyd's insurance market through its subsidiary underwriting vehicle, Hampden Corporate Member.