REG - Conduit Holdings Ltd - Director/PDMR Shareholding

Conduit HoldingsAnnouncement

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RNS Number : 6951Y  Conduit Holdings Limited  30 March 2026

CHL PDMR RNS

 

Pembroke, Bermuda - 30 March 2026

Conduit Holdings Limited

("CHL" - LSE ticker: CRE)

PDMR Notification

Grant of LTIP Award

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

(1)     Stephen Postlewhite, PDMR, has been awarded 28,739 Common Shares as
a Conditional Share Award under LTIP.

(2)    Stephen Postlewhite, PDMR, has been awarded 112,260 Common Shares as
a Performance Share Award under LTIP.

The award of 28,739 was granted on 25 March 2026 and will vest on the third
anniversary of the grant date, on terms that vesting is conditional upon
continued employment in line with the Remuneration Policy approved at CHL's
2024 AGM, and as disclosed in the Remuneration Report set out in the Annual
Report & Accounts.

The award of 112,260 was granted on 25 March 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 CHL's 2024 AGM, and as disclosed in the Remuneration Report
set out in the CHL Annual Report & Accounts.

PDMR's beneficial ownership interest

Stephen Postlwhite's beneficial ownership interest stands at zero Common
Shares excluding the unvested shares which are subject of the terms of the
applicable award made under the LTIP.

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                                              Stephen Postlewhite
 2   Reason for the Notification
 a)  Position/status                                   Stephen Postlewhite - 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  Common Shares of $0.01 par value

     instrument
     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)

                                                       28,739
 d)  Aggregated information                            Not applicable (single transaction)

     Aggregated volume

     Price
 e)  Date of the transaction                           25 March 2026
 f)  Place of the transaction                          Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities ("PDMR") /
     person closely associated ("PCA")
 a)  Name                                              Stephen Postlewhite
 2   Reason for the Notification
 a)  Position/status                                   Stephen Postlewhite - 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  Common Shares of $0.01 par value

     instrument
     Identification code                               ISIN BMG243851091

                                                       SEDOL BN133N2
 b)  Nature of the Transaction                         Grant of a performance share 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)

                                                       112,260
 d)  Aggregated information                            Not applicable (single transaction)

     Aggregated volume

     Price
 e)  Date of the transaction                           25 March 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 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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