CHL PDMR RNS
Pembroke, Bermuda -
25 February 2025
Conduit Holdings
Limited
("CHL" - LSE ticker:
CRE)
PDMR
Notification
Conduit Holdings today announces that it was notified
on 24 February 2025, that Neil Eckert, a person discharging
managerial responsibility in CHL ("PDMR"), has in order to effect a
"Bed and SIPP" transaction, sold 50,993 Common Shares at a price of
£3.7725 per Common Share and then repurchased into his
Self-invested Personal Pension (SIPP) 50,993 Common Shares at a
price of £3.773 per Common Share;
The above transactions took place on 21 February
2025.
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
|
Executive Chairman
|
|
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
|
Sale of Common Shares
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£3.7725
Volume(s)
50,993
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
50,993 Common Shares
£192,371.09 aggregated total
£3.7725 per Common Share
|
|
e)
|
Date of the transaction
|
21 February 2025
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(XLON)
|
|
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
|
Executive Chairman
|
|
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 via
SIPP
|
|
c)
|
Price(s) and volume(s)
|
Price(s)
£3.773
Volume(s)
50,993
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
50,993 Common Shares
£192,396.59 aggregated total
£3.773 per Common Share
|
|
e)
|
Date of the transaction
|
21 February 2025
|
|
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:
brett.shirreffs@conduitre.bm
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 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
