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REG - Conduit Holdings Ltd - Director/PDMR Shareholding

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RNS Number : 4004E  Conduit Holdings Limited  09 April 2025

CHL PDMR RNS

 

Pembroke, Bermuda - 9 April 2025

Conduit Holdings Limited

("CHL"; LSE ticker: CRE)

PDMR Notification

Conduit Holdings Limited today announces that Trevor Carvey, a person
discharging managerial responsibilities in CHL ("PDMR"), on 8 April 2025
acquired a total of 50,000 common shares. Trevor's total current shareholding
ownership interest (which includes shares held by PCA Catherine Carvey) now
stands at 884,161 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                                   Director
 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)

                                                       £3.321; £3.325; £3.350; £3.350

                                                       Volume(s)

                                                       15,000; 15,000; 15,000; 5,000
 d)  Aggregated information                            50,000 common shares

     Aggregated volume                                 £166,690 aggregated total

     Average Price                                     £3.3338 per common share
 e)  Date of the transaction                           8 April 2025
 f)  Place of the transaction                          (XLON) London Stock Exchange - Regulated Market

 

Media contacts

H/Advisors Maitland - Vikki Kosmalska / Genevieve Ryan

+44 (0) 207 379 5151

conduitre@h-advisors.global

Investor relations and other enquiries:

brett.shirreffs@conduitre.bm

Panmure Liberum (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 multi-line Bermuda-based reinsurance business with global
reach. 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 positive.

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/

LinkedIn: https://www.linkedin.com/company/conduit-re

 

 

 

 

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