Source - LSE Regulatory
RNS Number : 3584K
Conduit Holdings Limited
12 April 2024
 

CHL PDMR RNS

CHL PDMR RNS

 

Pembroke, Bermuda - 12 April 2024

Conduit Holdings Limited

("CHL"; LSE ticker: CRE)

PDMR Notification

 

Conduit Holdings today announces that it was notified on 11 April 2024 that Catherine Carvey, a person closely associated (PCA) with Trevor Carvey, has purchased into her ISA, 4,022 Common Shares at an average price of £4.965 per Common Share. The transaction took place on 10 April 2024.

Following the transaction Trevor's beneficial ownership interest (which includes shares held by PCA Catherine Carvey) stands at 547,557 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

Catherine Carvey

2

Reason for the Notification

a)

Position/status

Catherine Carvey - PCA

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)

£4.97; £4.96

Volume(s)

2009; 2013

d)

Aggregated information

 

Aggregated volume

 

Average Price

4,022 Common Shares

 

£19,969.23 aggregated total

 

£4.965 per Common Share

e)

Date of the transaction

10 April 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

.

 

 

 

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