TIDMCRE

RNS Number : 8814E

Conduit Holdings Limited

15 March 2022

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") 

Pembroke, Bermuda - 15 March 2022

PDMR Notification

Conduit Holdings today announces that Neil Eckert , a Director and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 10 March 2022 , acquired 13,850 common shares. His total current shareholding ownership interest now stands at 575,089 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                                              PDMR/ 
                                                                    Director 
     -----------------------------------------------------------  ---------------------------------------- 
 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 3.598 
                                                                    Volume(s) 
                                                                    13,850 
     -----------------------------------------------------------  ---------------------------------------- 
 d)   Aggregated information                                       13,850 Common Shares in aggregate 
 
                                                                    GBP49,979.76 aggregated total 
       Aggregated volume 
                                                                    GBP3.598 per Common Share 
 
       Price 
     -----------------------------------------------------------  ---------------------------------------- 
 e)   Date of the transaction                                      10 March 2022 
     -----------------------------------------------------------  ---------------------------------------- 
 f)   Place of the transaction                                     London Stock Exchange (XLON) 
     -----------------------------------------------------------  ---------------------------------------- 
 

ENDS

Media contacts

Haggie Partners - David Haggie, Caroline Klein

+44 (0) 207 562 4444

conduitre@haggie.co.uk

Investor relations and other enquiries:

info@conduitreinsurance.com

About Conduit Re

Conduit Re is a pure play global reinsurance business based in Bermuda. 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.

Learn more about Conduit Re:

Website: https://conduitreinsurance.com/

LinkedIn: https://www.linkedin.com/company/conduit-re

Twitter: https://twitter.com/Conduit_Re

Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulated information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in Conduit Holdings.

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END

DSHBRGDXCGBDGDU

(END) Dow Jones Newswires

March 15, 2022 13:10 ET (17:10 GMT)

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