REG - Conduit Holdings Ltd - Director/PDMR Shareholding

Conduit HoldingsAnnouncement

31/03/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230331:nRSe8534Ua&default-theme=true

RNS Number : 8534U  Conduit Holdings Limited  31 March 2023

CHL PDMR RNS

This announcement contains inside information for the purpose of the Market
Abuse Regulation (EU) No 596/2014 (which forms part of UK domestic law
pursuant to the European Union (Withdrawal) Act 2018, as amended)

 

Conduit Holdings Limited

("Conduit Holdings" or "CHL" - LSE ticker: CRE)

 

Pembroke, Bermuda, 31 March 2023

 

PDMR Notification

 

Conduit Holdings today announces that Trevor Carvey, a person discharging
managerial responsibilities in CHL ("PDMR"), on 30 March 2023, acquired 10,000
common shares. Trevor's total current shareholding ownership interest now
stands at 365,709 common shares.

PDMR Notification of Dealing Form: The notification below, made in accordance
with the requirements of the Market Abuse Regulation (EU) 596/2014 (which
forms part of UK domestic law pursuant to the European Union (Withdrawal) Act
2018, as amended), provides further details of the transaction.

 1   Details of the person discharging managerial responsibilities ("PDMR") /
     person closely associated ("PCA")
 a)  Name                                              Trevor Carvey
 2   Reason for the Notification
 a)  Position/status                                   Trevor Carvey - PDMR
 b)  Initial notification/amendment                    Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                              Conduit Holdings Limited
 b)  LEI                                               21380085AE62D1BXSF19
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the Financial instrument, type of  Common Shares of $0.01 par value

     instrument
     Identification code                               ISIN BMG243851091

                                                       SEDOL BN133N2
 b)  Nature of the Transaction                         Acquisition of Shares

 c)  Price(s) and volume(s)                            Price(s)

                                                       £486.5; £487.0; £487.0; £486.0;£486.0;

                                                       Volume(s)

                                                       2,000; 2,000; 2,000; 2,000; 2,000
 d)  Aggregated information                            10,000 common shares

     Aggregated volume                                 £48,650.00 aggregated total

     Price                                             £4.865 per common share
 e)  Date of the transaction                           30 March 2023
 f)  Place of the transaction                          London Stock Exchange (XLON)

 

 

Media contacts

H/Advisors Maitland - Vikki Kosmalska / Alistair de Kare-Silver

+44 (0) 207 379 5151

conduitre@h-advisors.global

Investor relations and other enquiries:

info@conduitreinsurance.com

Panmure Gordon (UK) Limited (Joint Corporate Broker)

+44 (0)207 886 2500

Berenberg (Joint Corporate Broker)

+44 (0) 203 207 7800

Peel Hunt (Joint Corporate Broker)

+44 (0) 207 418 8900

About Conduit Re

Conduit Re is a pure-play reinsurance business based in Bermuda. Conduit
Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4
insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent)
and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance
Limited. The outlook assigned to these ratings is stable.

Conduit Holdings Limited is the ultimate parent of Conduit Reinsurance Limited
and is listed on the London Stock Exchange (ticker: CRE). References to
"Conduit" include Conduit Holdings Limited and all of its subsidiary
companies.

Learn more about Conduit Re:

Website: https://conduitreinsurance.com/ (https://conduitreinsurance.com/)

LinkedIn: https://www.linkedin.com/company/conduit-re
(https://www.linkedin.com/company/conduit-re%20)

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBCGDXSBXDGXG