TIDMCRE

RNS Number : 4478U

Conduit Holdings Limited

02 December 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 - 2 December 2021

PDMR Notification

Conduit Holdings today announces that Elain Whelan, a Director and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 26 November 2021, acquired 24,000 common shares. Elaine's total current shareholding ownership interest now stands at 65,950 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                                                          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                                    Acquisition of Shares 
     -----------------------------------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)                                       Price(s) 
                                                                    GBP 4.135 
                                                                    Volume(s) 
                                                                    24,000 
     -----------------------------------------------------------  ---------------------------------------- 
 d)   Aggregated information                                       24,000 Common Shares in aggregate 
 
                                                                    GBP99,240 aggregated total 
       Aggregated volume 
                                                                    GBP4.135 per Common Share 
 
       Price 
     -----------------------------------------------------------  ---------------------------------------- 
 e)   Date of the transaction                                      26 November, 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

DSHGZMGZLZNGMZM

(END) Dow Jones Newswires

December 03, 2021 01:59 ET (06:59 GMT)

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