Director/PDMR Shareholding

RNS Number : 4854Y

Conduit Holdings Limited

06 September 2022

 

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")

Pembroke, Bermuda, 6 September 2022

PDMR Notification

Conduit Holdings today announces that on 5 September 2022, Michelle Quinlan, a person closely associated with Stuart Quinlan, a person discharging managerial responsibilities, acquired 24,250 common shares. Stuart's current shareholding ownership interest stands at 77,570 common shares. Michelle Quinlan's purchase of 24,250 brings her total current shareholding ownership interest in Conduit Holdings to 31,630. The total shareholding interest in Conduit Holdings' common shares held by Stuart and persons closely associated with him now stands at 109,200.

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	Stuart Quinlan
2	Reason for the Notification
a)	Position/status	Stuart Quinlan - PDMR Michelle Quinlan - 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) £3.08 Volume(s) 24,250
d)	Aggregated information Aggregated volume Price	24,250 common shares £74,690 aggregated total £3.08 per common share
e)	Date of the transaction	5 September 2022
f)	Place of the transaction	London Stock Exchange (XLON)

ENDS

Media contacts

Haggie Partners - David Haggie, Caroline Klein+44 (0) 207 562 4444 [e-mail]

Investor relations and other enquiries:

[e-mail]

Website

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

About Conduit Re

Conduit Re is a pure play global reinsurance business based in Bermuda. 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.

Learn more:

Website: https://conduitreinsurance.com/

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

Twitter: https://twitter.com/Conduit_Re

Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulated information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in Conduit Holdings.

 

END

 

 

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