CHL PDMR RNS
Pembroke, Bermuda -
24 February 2025
Conduit Holdings
Limited
("CHL"; LSE ticker:
CRE)
PDMR
Notification
Conduit Holdings today announces that Trevor Carvey,
a person discharging managerial responsibilities in CHL ("PDMR"),
on 20 February and 21 February 2025 acquired a total of 30,000
common shares. Trevor's total current shareholding ownership
interest (which includes shares held by PCA Catherine Carvey) now
stands at 635,557 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
|
Trevor Carvey
|
|
2
|
Reason for the Notification
|
|
a)
|
Position/status
|
Executive Director and Chief
Executive Officer
|
|
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
|
Acquisition of Shares
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£3.875; £3.95; £3.96; £3.96; £3.96
Volume(s)
5,000; 4,900; 5,000; 100; 5000
|
|
d)
|
Aggregated information
Aggregated volume
Average Price
|
20,000 common shares
£78,726 aggregated total
£3.936 per common share
|
|
e)
|
Date of the transaction
|
20 February 2025
|
|
f)
|
Place of the transaction
|
(XLON) London Stock Exchange -
Regulated Market
|
|
1
|
Details of the person discharging managerial responsibilities
("PDMR") / person closely associated ("PCA")
|
|
a)
|
Name
|
Trevor Carvey
|
|
2
|
Reason for the Notification
|
|
a)
|
Position/status
|
Executive Director and Chief
Executive Officer
|
|
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
|
Acquisition of Shares
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£3.839
Volume(s)
10,000
|
|
d)
|
Aggregated information
Aggregated volume
Average Price
|
10,000 common shares
£38,390 aggregated total
£3.839 per common share
|
|
e)
|
Date of the transaction
|
21 February 2025
|
|
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:
brett.shirreffs@conduitre.bm
Panmure Liberum
(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 multi-line 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
positive.
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
