Directorate Change

Conduit Holdings Limited

08 November 2023

 

Pembroke, Bermuda - [●] 2023

Pembroke, Bermuda - 8 November 2023

Conduit Holdings Limited

("CHL" LSE ticker: CRE)

Directorate Change

CHL, the ultimate parent company of Conduit Re, a pure-play Bermuda-based reinsurance business, announces that Dr. Richard Sandor has today stepped down as a non-executive Director with immediate effect. This marks Dr. Sandor's completion of a full three year term as a non-executive Director of CHL and is in line with CHL's board succession plan. It follows the recent addition of Rebecca Shelley as a non-executive Director.

Neil Eckert, Chairman, commented: "Dr. Richard Sandor joined the Board of CHL at the time of the Company's IPO in December 2020, shortly after the group's formation. We were privileged to have Richard serving on our Board and I would like to thank him for his contribution during our formative first three years."

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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