Director/PDMR Shareholding

Conduit Holdings

04/04/2025 13:21

RNS Number : 7597D

Conduit Holdings Limited

04 April 2025

 

CHL PDMR RNS

Pembroke, Bermuda - 4 April 2025

Conduit Holdings Limited

("CHL"; LSE ticker: CRE)

PDMR Notification

Conduit Holdings Limited today announces that Elaine Whelan, a person discharging managerial responsibilities in CHL ("PDMR"), on 3 April 2025 acquired a total of 58,500 common shares. Elaine Whelan's total current shareholding ownership interest now stands at 477,841 common shares (excluding 610,390 of unvested shares which are the subject of the terms of the applicable award made under the CHL Long Term Incentive Plan).

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
Elaine Whelan
2
Reason for the Notification
a)
Position/status
Executive Director and Chief Financial 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
a)
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)
£3.415
Volume(s)
58,500
d)
Aggregated information
Aggregated volume
Average Price
58,500 common shares
£199,777.50 aggregated total
£3.415 per common share
e)
Date of the transaction
3 April 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

 

 

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