Director/PDMR Shareholding

Conduit Holdings Limited

01 August 2023

 

CHL PDMR/PCA TRANSACTION RNS

CHL PDMR/PCA TRANSACTION RNS

Pembroke, Bermuda - 1 August 2023

Conduit Holdings Limited

("CHL" LSE ticker: CRE)

PDMR/PCA Transaction Notification

CHL today announces that Trevor Carvey, a person discharging managerial responsibilities in CHL ("PDMR"), on 31 July 2023 and August 1, 2023 acquired a total of 15,000 common shares. Trevor's total current shareholding ownership interest now stands at 402,709 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 - Executive Director/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) £4.860; £4.860; £4.853; £4.853 Volume(s) 2,500; 2,500; 2,500; 2,500
d)	Aggregated information Aggregated volume Average Price	10,000 common shares £48,565 aggregated total £4.857 per common share
e)	Date of the transaction	31 July 2023

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 - Executive Director/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) £4.800; £4.800 Volume(s) 2,500; 2,500
d)	Aggregated information Aggregated volume Average Price	5,000 common shares £24,000 aggregated total £4.800 per common share
e)	Date of the transaction	1 August 2023

Media contacts

H/Advisors Maitland - Vikki Kosmalska / Alistair de Kare-Silver

[phone]

[e-mail]

Investor relations and other enquiries:

[e-mail]

Panmure Gordon (UK) Limited (Joint Corporate Broker)

[phone]

Berenberg (Joint Corporate Broker)

[phone]

Peel Hunt (Joint Corporate Broker)

[phone]

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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