Conduit Holdings Limited PDMR Notification (2727R)
November 03 2021 - 1:34PM
UK Regulatory
TIDMCRE
RNS Number : 2727R
Conduit Holdings Limited
03 November 2021
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")
Hamilton, Bermuda 4 November 2021
PDMR Notification
Conduit Holdings today announces that Elain Whelan , a Director
and a person discharging managerial responsibilities in Conduit
Holdings ("PDMR"), on 3 November 2021, acquired 22,000 common
shares. Elaine's total current shareholding ownership interest now
stands at 41,950 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 Elaine Whelan
----------------------------------------------------------- ----------------------------------------
2 Reason for the Notification
-----------------------------------------------------------------------------------------------------
a) Position/status Elaine Whelan - 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 213800VO4O83JVSSOX33
----------------------------------------------------------- ----------------------------------------
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)
GBP 4.44
Volume(s)
22,000
----------------------------------------------------------- ----------------------------------------
d) Aggregated information 22,000 Common Shares in aggregate
GBP97,680 aggregated total
Aggregated volume
GBP4.44 per Common Share
Price
----------------------------------------------------------- ----------------------------------------
e) Date of the transaction 3 November, 2021
----------------------------------------------------------- ----------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
----------------------------------------------------------- ----------------------------------------
ENDS
Contacts
Media: David Haggie, Caroline Klein, Haggie Partners +44 (0) 207
562 4444 ConduitRe@haggie.co.uk
Other: info@conduitreinsurance.com
Website
Further details of the Conduit Group can be found at its
website: https://conduitreinsurance.com/
Notes to Editors
About Conduit Re
Conduit Holdings is a pure play global reinsurance business
based in Bermuda. Its main operating subsidiary Conduit Reinsurance
Limited, is licensed by the Bermuda Monetary Authority as a Class 4
reinsurer. A.M. Best has assigned a Financial Strength Rating of A-
(Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit
Reinsurance Limited. The outlook assigned to these Credit Ratings
(ratings) is stable.
Learn more:
Web: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
Twitter: https://twitter.com/Conduit_Re
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END
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