Source - LSE Regulatory
RNS Number : 1495M Conduit Holdings Limited 13 November 2024 CHL PDMR RNS CHL PDMR RNS Pembroke, Bermuda - 13 November 2024 Conduit Holdings Limited ("CHL"; LSE ticker: CRE) PDMR Notification Conduit Holdings today announces that Gregory Roberts, the Chief Underwriting Officer of Conduit Reinsurance Limited and newly designated as a person discharging managerial responsibilities in CHL ("PDMR"), on 11 November 2024 acquired a total of 6,500 of CHL's common shares of par value $0.01 per share ("Common Shares"). Mr. Robert's current beneficial ownership interest stands at 74,652 Common Shares. In addition, Mr. Roberts holds 161,198 unvested Common Share Awards granted subject to the terms of the CHL Long Term Incentive Plan ("LTIP"). Vesting of these LTIP awards is conditional upon continued employment and is also subject to the dividend equivalents and malus and clawback provisions described in the Remuneration Policy approved at CHL's 2024 AGM, and as disclosed in the Remuneration Report set out in the 2023 Annual Report & Accounts. 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. 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 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END DSHBRBDBDXBDGSX