Director/PDMR Shareholding

RNS Number : 0684U

Conduit Holdings Limited

30 November 2021

 

This announcement contains inside information for the purpose of the Market Abuse Regulation (EU) No 596/2014 (which forms part of UK domestic law pursuant to the European Union (Withdrawal) Act 2018, as amended)

Conduit Holdings Limited ("Conduit Holdings")

Hamilton, Bermuda - 30 November 2021

PDMR Notification

Conduit Holdings today announces that Richard Sandor, a Director and person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 26 November 2021, acquired 500 Conduit Holdings common shares of par value $0.01 per share each at an aggregate price of £4.13 per common share and on 25 November 2021, acquired 600 Conduit Holdings common shares of par value $0.01 per share each at an aggregate price of £4.27 per common share.. Richard Sandor's total current shareholding ownership interest in Conduit Holdings Limited now stands at 15,000 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	Richard Sandor
2	Reason for the Notification
a)	Position/status	Richard Sandor - PDMR and Director
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
c)	Price(s) and volume(s)	Price(s) 26 November 2021 - £ 4.13 25 November 2021 - £4.27 Volume(s) 26 November 2021 - 500 25 November 2021 - 600
d)	Aggregated information Aggregated volume Price	1,100 £ 2,665.00 aggregated total £4.20 per common share
e)	Date of the transaction	25-26 November 2021
f)	Place of the transaction	London Stock Exchange (XLON)

ENDS

Contacts

Media: David Haggie, Caroline Klein, Haggie Partners [phone] [e-mail]

Other: [e-mail]

Website

Further details of the Conduit Group can be found at its website: https://conduitreinsurance.com/

Notes to Editors

About Conduit Re

Conduit Holdings is a pure play global reinsurance business based in Bermuda. Its main operating subsidiary Conduit Reinsurance Limited, is licensed by the Bermuda Monetary Authority as a Class 4 reinsurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit Reinsurance Limited. The outlook assigned to these Credit Ratings (ratings) is stable.

Learn more:

Web: https://conduitreinsurance.com/

LinkedIn: https://www.linkedin.com/company/conduit-re

Twitter: https://twitter.com/Conduit_Re

 

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