RNS Number : 4117L
Conduit Holdings Limited
07 November 2024
 

CHL PDMR RNS

CHL PDMR RNS

 

Pembroke, Bermuda - 7 November 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 6 November 2024 acquired a total of 15,000 common shares. Trevor's total current shareholding ownership interest (which includes shares held by PCA Catherine Carvey) now stands at 590,557 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

a)

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)

£4.8588; £486.5; £485.99

Volume(s)

5,000; 5,000; 5,000

d)

Aggregated information

 

Aggregated volume

 

Average Price

15,000 common shares

 

£72,918.5 aggregated total

 

£4.861233 per common share

e)

Date of the transaction

6 November 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:

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 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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