CHL PDMR RNS
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)
Pembroke, Bermuda - 28 March
2024
Conduit Holdings Limited
("CHL"; LSE ticker: CRE)
PDMR Notification
Conduit Holdings today announces that Trevor Carvey,
a person discharging managerial responsibilities in CHL ("PDMR") on
28 March 2024 acquired a total of 18,500 common shares. Trevor's
total current shareholding ownership interest now stands at 543,535
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
|
|
Description of the Financial instrument, type of
instrument
|
Common Shares of $0.01 par value
|
Identification code
|
ISIN BMG243851091
SEDOL BN133N2
|
b)
|
Nature of the Transaction
|
Acquisition of Shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
£5.16; £5.151; £5.15
Volume(s)
3,500; 7,500; 7,500
|
d)
|
Aggregated information
Aggregated volume
Average Price
|
18,500 common shares
£95,317.50 aggregated total
£5.1537 per common share
|
e)
|
Date of the transaction
|
28 March 2024
|
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:
info@conduitreinsurance.com
Panmure Gordon (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 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
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/
LinkedIn: https://www.linkedin.com/company/conduit-re
Neither the content of Conduit's website, nor the
content on any website accessible from hyperlinks on its website
for any other website, is incorporated into, or forms part of, this
announcement nor, unless previously published by means of a
regulated information service, should any such content be relied
upon in reaching a decision as to whether or not to acquire,
continue to hold, or dispose of, securities in Conduit.