TIDMCRE

RNS Number : 4822H

Conduit Holdings Limited

28 July 2023

CHL PDMR/PCA TRANSACTION RNS

CHL PDMR/PCA TRANSACTION RNS

Pembroke, Bermuda - 28 July 2023

Conduit Holdings Limited

("CHL" LSE ticker: CRE)

PDMR/PCA Transaction Notification

CHL today announces that Rebecca Shelley a person discharging managerial responsibilities in CHL ("PDMR"), on 27 July 2023, acquired 4,088 common shares. Rebecca's total current shareholding ownership interest now stands at 4,088 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                                                  Rebecca Shelley 
     ----------------------------------------------------  ----------------------------------------------- 
 2    Reason for the Notification 
     ----------------------------------------------------------------------------------------------------- 
 a)   Position/status                                       Rebecca Shelley - Non-Executive Director 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) 
                                                             GBP4.89 
                                                             Volume(s) 
                                                             4,088 
     ----------------------------------------------------  ----------------------------------------------- 
 d)   Aggregated information                                4,088 common shares 
 
       Aggregated volume                                     GBP19,990.32 aggregated total 
 
       Price                                                 GBP4.89 per common share 
     ----------------------------------------------------  ----------------------------------------------- 
 e)   Date of the transaction                               27 July 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 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

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