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RNS Number : 7120P Conduit Holdings Limited 23 May 2024
CHL PDMR RNS
CHL PDMR RNS
Pembroke, Bermuda - 23 May 2024
Conduit Holdings Limited
("CHL" - LSE ticker: CRE)
PDMR Notification
Conduit Holdings today announces that it was notified on 22 May 2024, that:
(1) Neil Eckert, a person discharging managerial responsibility in
CHL ("PDMR"), has purchased 980 Common Shares at a price of £5.390000 per
Common Share;
(2) Nicola Eckert, a person closely associated (PCA) with Neil
Eckert, has purchased 1,130 Common Shares at a price of £5.420000 per Common
Share;
The above transactions both took place on 22 May 2024.
Following these transactions Neil Eckert's beneficial ownership interest
(which includes shares held by PCA Nicola Eckert) stands at 744,676 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 Neil Eckert
2 Reason for the Notification
a) Position/status Neil Eckert- 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 Common Shares of $0.01 par value
instrument
Identification code ISIN BMG243851091
SEDOL BN133N2
b) Nature of the Transaction Purchase of Common Shares
c) Price(s) and volume(s) Price(s)
£5.390000
Volume(s)
980
d) Aggregated information 980 Common Shares
Aggregated volume £5,282.2 aggregated total
Price £5.390000 per Common Share
e) Date of the transaction 22 May 2024
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities ("PDMR") /
person closely associated ("PCA")
a) Name Nicola Eckert
2 Reason for the Notification
a) Position/status 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 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 Common Shares of $0.01 par value
instrument
Identification code ISIN BMG243851091
SEDOL BN133N2
b) Nature of the Transaction Purchase of Common Shares
c) Price(s) and volume(s) Price(s)
£5.420000
Volume(s)
1,130
d) Aggregated information 1,130 Common Shares
Aggregated volume £6,124.60 aggregated total
Price £5.420000 per Common Share
e) Date of the transaction 22 May 2024
f) Place of the transaction London Stock Exchange (XLON)
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Genevieve Ryan
+44 (0) 207 379 5151
conduitre@h-advisors.global
Investor relations and other enquiries:
info@conduitreinsurance.com
Panmure Gordon (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 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/ (https://conduitreinsurance.com/)
LinkedIn: https://www.linkedin.com/company/conduit-re
(https://www.linkedin.com/company/conduit-re)
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