Conduit Holdings Limited Transfer of Treasury Shares (2680A)
23 Mai 2023 - 8:00AM
UK Regulatory
TIDMCRE
RNS Number : 2680A
Conduit Holdings Limited
23 May 2023
Pembroke, Bermuda - 23 May 2023
Conduit Holdings Limited
("CHL") (Ticker:CRE)
Transfer of Treasury Shares
Conduit Holdings Limited announces that on 18 May 2023, 757,823
Common Shares of US$0.01 each ("Common Shares") were transferred
from its treasury account into the Company's Employee Benefit Trust
(EBT).
Following the transfer, CHL will have a total of 165,239,997
Common Shares, and therefore voting rights, in issue, of which none
are held in treasury.
CHL's Employee Benefit Trust currently holds as beneficiary
4,847,860 Shares and, unless specifically directed by CHL, shall
abstain from exercising its voting rights at any general meeting of
the Company. If CHL directs that the EBT may vote, CHL cannot
direct the manner in which the EBT exercises its vote.
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Alistair de Kare-Silver
+44 (0) 207 379 5151
conduitre@h-advisors.global
Investor relations and other enquiries:
info@conduitreinsurance.com
Panmure Gordon (UK) Limited (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 pure-play 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
POSPPURUAUPWPGP
(END) Dow Jones Newswires
May 23, 2023 02:00 ET (06:00 GMT)
Conduit (LSE:CRE)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Conduit (LSE:CRE)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024