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
|
|
|
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
|
Purchase of Common Shares
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£5.390000
Volume(s)
980
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
980 Common Shares
£5,282.2 aggregated total
£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
|
|
|
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
|
Purchase of Common Shares
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£5.420000
Volume(s)
1,130
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
1,130 Common Shares
£6,124.60 aggregated total
£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/
LinkedIn: https://www.linkedin.com/company/conduit-re