CHL PDMR RNS
CHL PDMR
RNS
Pembroke, Bermuda - 15 November
2024
Conduit Holdings Limited
("CHL"; LSE ticker: CRE)
PDMR Notification
Conduit Holdings today announces that Stephen
Redmond, a person discharging managerial responsibilities in CHL
("PDMR"), on 13 November 2024 acquired a total of 10,000 common
shares. Stephen's total current shareholding ownership interest now
stands at 25,000 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
|
Stephen Redmond
|
|
2
|
Reason for the
Notification
|
|
a)
|
Position/status
|
Stephen Redmond - 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
|
|
|
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)*
£4.82
Volume(s)
10,000
|
|
d)
|
Aggregated information
Aggregated volume
Average Price
|
10,000 common shares
£48,200 aggregated total
£4.82 per common share
|
|
e)
|
Date of the transaction
|
13 November 2024
|
|
f)
|
Place of the transaction
|
(XLON) London Stock Exchange - Regulated Market
|
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Genevieve
Ryan
+44 (0) 207 379 5151
conduitre@h-advisors.global
Investor relations and other
enquiries:
brett.shirreffs@conduitre.bm
Panmure Liberum (Joint Corporate
Broker)
+44 (0) 207 886 2500
Berenberg (Joint Corporate
Broker)
+44 (0) 203 207 7800
Peel Hunt (Joint Corporate
Broker)
+44 (0) 207 418 8900
About Conduit Re
Conduit Re is a multi-line 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