PDMR Notification

RNS Number : 2727R

Conduit Holdings Limited

03 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 4 November 2021

PDMR Notification

Conduit Holdings today announces that  Elain Whelan ,  a Director   and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on  3 November 2021, acquired 22,000 common shares. Elaine's total current shareholding ownership interest now stands at 41,950 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	Elaine Whelan
2	Reason for the Notification
a)	Position/status	Elaine Whelan - 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	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 4.44 Volume(s) 22,000
d)	Aggregated information Aggregated volume Price	22,000 Common Shares in aggregate £97,680 aggregated total £4.44 per Common Share
e)	Date of the transaction	3 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  

 

END

 

 

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