Director/PDMR Shareholding

Conduit Holdings

15/04/2026 16:54

RNS Number : 6235A

Conduit Holdings Limited

15 April 2026

 

CHL PDMR RNS

 

Pembroke, Bermuda - 15 April 2026

Conduit Holdings Limited

("Conduit Holdings"; LSE ticker: CRE)

PDMR Notification

Grant of LTIP Award

​

Conduit Holdings, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, today announces that the following conditional award over common shares of $0.01 par value each in Conduit ("Common Shares") were granted under the Conduit Long Term Incentive Plan ("LTIP") to the following person discharging managerial responsibilities in Conduit ("PDMR"):

(1)       Neil Eckert, PDMR, has been awarded 432,778 Common Shares as a Performance Share Award.

The award was granted on 10 April 2026 as a conditional award and will ordinarily vest on the third anniversary of the grant date, subject to continued employment and to the satisfaction of performance and other conditions in accordance with the rules of the LTIP and the Remuneration Policy approved at Conduit's 2024 AGM, and as disclosed in the Remuneration Report set out in Conduit's Annual Report & Accounts.

PDMR's beneficial ownership interest

Neil Eckert's beneficial ownership interest stands at 913,253 Common Shares excluding the unvested shares which are the subject of the LTIP Award specified in this announcement.

PDMR Notification of Dealing Form

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, 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
Neil Eckert - PDMR
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
Grant of a conditional award over Common Shares under the Rules of the Conduit Holdings Limited Long Term Incentive Plan with a price of nil pence per share.
c)
Price(s) and volume(s)
Price(s)
Nil
Volume(s)
432,778
d)
Aggregated information
Aggregated volume
Price
Not applicable (single transaction)
e)
Date of the transaction
10 April 2026
f)
Place of the transaction
Outside a trading venue

 

Media contacts

Haggie Partners - David Haggie / Peter Rigby / Caroline Klein

+44 (0) 207 562 4444

conduitre@haggiepartners.com

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 Bermuda-based multi-line 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

 

 

 

 

 

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