TIDMCRE

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   Common Shares of $0.01 par value 
       instrument 
     -------------------------------------------------  ---------------------------------------------------- 
      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                             7,406 Common Shares in aggregate 
 
                                                          GBP39,529.52 aggregated total 
       Aggregated volume 
 
                                                          GBP5.3375 per Common Share 
 
       Price 
     -------------------------------------------------  ---------------------------------------------------- 
 e)   Date of the transaction                            14(th) April, 2021 
     -------------------------------------------------  ---------------------------------------------------- 
 f)   Place of the transaction                           London Stock Exchange (XLON) 
     -------------------------------------------------  ---------------------------------------------------- 
 

ENDS

Contacts

Media: David Haggie, Caroline Klein, Haggie Partners +44 (0) 207 562 4444 ConduitRe@haggie.co.uk

Other: info@conduitreinsurance.com

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

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END

DSHGZGZDGZGGMZM

(END) Dow Jones Newswires

April 22, 2021 06:04 ET (10:04 GMT)

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