REG - Conduit Holdings Ltd - Director/PDMR Shareholding

Conduit HoldingsAnnouncement

25/02/2025 07:00

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RNS Number : 2776Y  Conduit Holdings Limited  25 February 2025

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
 a)  Description of the Financial instrument, type of  Common Shares of $0.01 par value

     instrument
     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                            50,993 Common Shares

     Aggregated volume                                 £192,371.09 aggregated total

     Price                                             £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
 a)  Description of the Financial instrument, type of  Common Shares of $0.01 par value

     instrument
     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

                                                       50,993 Common Shares

     Aggregated volume

                                                       £192,396.59 aggregated total

     Price

                                                       £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

 

 

 

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