CHL PDMR RNS
CHL PDMR
RNS
Pembroke, Bermuda - 12 April
2024
Conduit Holdings Limited
("CHL"; LSE ticker: CRE)
PDMR Notification
Conduit Holdings today announces that it was notified
on 11 April 2024 that Catherine Carvey, a person closely associated
(PCA) with Trevor Carvey, has purchased into her ISA, 4,022 Common
Shares at an average price of £4.965 per Common Share. The
transaction took place on 10 April 2024.
Following the transaction Trevor's beneficial
ownership interest (which includes shares held by PCA Catherine
Carvey) stands at 547,557 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
|
Catherine Carvey
|
|
2
|
Reason for the
Notification
|
|
a)
|
Position/status
|
Catherine Carvey - PCA
|
|
b)
|
Initial notification/amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
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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
|
Acquisition of Shares
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£4.97; £4.96
Volume(s)
2009; 2013
|
|
d)
|
Aggregated information
Aggregated volume
Average Price
|
4,022 Common Shares
£19,969.23 aggregated total
£4.965 per Common Share
|
|
e)
|
Date of the transaction
|
10 April 2024
|
|
f)
|
Place of the transaction
|
(XLON) London Stock Exchange - Regulated Market
|
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 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
.