REG - Conduit Holdings Ltd - Director/PDMR Shareholding

Conduit HoldingsAnnouncement

16/05/2025 17:00

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RNS Number : 0814J  Conduit Holdings Limited  16 May 2025

CHL PDMR RNS

 

Pembroke, Bermuda - 16 May 2025

Conduit Holdings Limited

("Conduit Holdings" or "CHL" - LSE ticker: CRE)

PDMR Notification

 

Conduit Holdings today announces that it was notified on 16 May 2025, that:

(1)       Neil Eckert, a person discharging managerial responsibility in
CHL ("PDMR"), has purchased 1,650 Common Shares at a price of £3.69 per
Common Share:

(2)       Nicola Eckert, a person closely associated (PCA) with Neil
Eckert, has purchased 1,850 Common Shares at a price of £3.69 per Common
Share;

The above transactions took place on 16 May 2025.

Following these transactions Neil Eckert's beneficial ownership interest
(which includes shares held by PCA Nicola Eckert) stands at 829,402 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                                   CEO
 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                         Acquistion of common shares

 c)  Price(s) and volume(s)                            Price(s)

                                                       £3.69

                                                       Volume(s)

                                                       1,650
 d)  Aggregated information                            1,650 Common Shares

     Aggregated volume                                 £6,088.50 aggregated total

     Price                                             £3.69 per Common Share
 e)  Date of the transaction                           16 May 2025
 f)  Place of the transaction                          London Stock Exchange (XLON) - Regulated Market

 

 1   Details of the person discharging managerial responsibilities ("PDMR") /
     person closely associated ("PCA")
 a)  Name                                              Nicola Eckert
 2   Reason for the Notification
 a)  Position/status                                   PCA
 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                         Acquistion of common shares

 c)  Price(s) and volume(s)                            Price(s)

                                                       £3.69

                                                       Volume(s)

                                                       1,850
 d)  Aggregated information                            1,850 Common Shares

     Aggregated volume                                 £6,826.50 aggregated total

     Price                                             £3.69 per Common Share
 e)  Date of the transaction                           16 May 2025
 f)  Place of the transaction                          London Stock Exchange (XLON) - Regulated Market

 

 

Media contacts

H/Advisors Maitland - Neil Bennett / Daisy Padovan

+44 (0) 207 379 5151

conduitre@h-advisors.global

Haggie Partners - David Haggie / Peter Rigby

+44 (0) 207 562 4444

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

This announcement contains information, which may be of a price sensitive
nature, that Conduit is making public in a manner consistent with the Market
Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018, as amended, and other
regulatory obligations. The information was submitted for publication, through
the agency of the contact persons set out above, at 7:00 am UK time on 14 May
2025.

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 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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