PDMR notification

RNS Number : 3190W

Conduit Holdings Limited

22 April 2021

 

This announcement contains inside information for the purpose of the Market Abuse Regulation (EU) No 596/2014

Conduit Holdings   Limited ("Conduit Holdings")

Hamilton, Bermuda 22 April 2021

PDMR Notification

Conduit Holdings today announces that Neil Eckert, a Director and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 14th April 2021, acquired jointly with Nicola Eckert (a person closely associated with Neil Eckert) 7,406 Conduit Holdings common shares of par value $0.01 per share each at a price of 533.75 pence per share. Neil's total current shareholding ownership interest now stands at 587,407 common shares.

PDMR Notification of Dealing Form: The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further details of the transaction.

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
a)	Name	Neil Eckert and Nicola Eckert
2	Reason for the Notification
a)	Position/status	Neil Eckert - PDMR and Director Nicola Eckert - 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	213800VO4O83JVSSOX33
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) GBP 5.3375 Volume(s) 7,406
d)	Aggregated information Aggregated volume Price	7,406 Common Shares in aggregate £39,529.52 aggregated total £5.3375 per Common Share
e)	Date of the transaction	14th April, 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  

 

END

 

 

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