Conduit Holdings Limited Director/PDMR Shareholding (7031J)
August 18 2023 - 2:00AM
UK Regulatory
TIDMCRE
RNS Number : 7031J
Conduit Holdings Limited
18 August 2023
CHL PDMR/PCA TRANSACTION RNS
CHL PDMR/PCA TRANSACTION RNS
Pembroke, Bermuda - 18 August 2023
Conduit Holdings Limited
("CHL" LSE ticker: CRE)
PDMR/PCA Transaction Notification
CHL today announces that Trevor Carvey, a person discharging
managerial responsibilities in CHL ("PDMR"), on 17 August 2023
acquired a total of 15,000 of CHL's common shares. Trevor's total
current shareholding ownership interest now stands at 432,709
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
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2 Reason for the Notification
-----------------------------------------------------------------------------------------------------
a) Position/status Trevor Carvey - Executive Director/PDMR
------------------------------------------------------- --------------------------------------------
b) Initial notification/amendment Initial notification
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3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------
a) Name Conduit Holdings Limited
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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
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b) Nature of the Transaction Acquisition of Shares
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c) Price(s) and volume(s) Price(s)
GBP4.49; GBP4.486342
Volume(s)
5,000; 10,000
------------------------------------------------------- --------------------------------------------
d) Aggregated information 15,000 common shares
Aggregated volume GBP67,313.40 aggregated total
Average Price GBP4.48756 per common share
------------------------------------------------------- --------------------------------------------
e) Date of the transaction 17 August 2023
------------------------------------------------------- --------------------------------------------
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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END
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