REG - Conduit Holdings Ltd - Result of AGM

Conduit HoldingsAnnouncement

14/05/2025 18:15

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RNS Number : 7227I  Conduit Holdings Limited  14 May 2025

Pembroke, Bermuda - 14 May 2025

Conduit Holdings Limited

("CHL" LSE ticker: CRE)

Results of 2025 AGM

Conduit Holdings Limited announces the result of voting on the resolutions at
its 2025 Annual General Meeting ("AGM") held on Wednesday 14 May 2025. The
meeting considered the 16 resolutions as set out in the AGM Notice dated 9
April 2025.

Each of the resolutions was duly passed by the required majority. Resolutions
1 to 13 were passed as ordinary resolutions. Resolutions 14, 15 and 16 were
passed as special resolutions. The total number of votes received for each
resolution is set out below.

A copy of the special resolutions passed will be submitted to the National
Storage Mechanism and available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The total voting rights in CHL on 14 May 2025 was 165,239,997.

THIS IS THE 2025 TABLE/RESULTS:

 Description                                                                     Votes For    % Votes Cast For  Votes Against  % Votes Cast Against  Votes Withheld  Total Votes Cast (excl. Votes Withheld)
 1. To receive the Company's audited consolidated financial statements for the   126,842,122  100.00            0              0.00                  138,418         126,842,122
 financial period ended 31 December 2024 and the reports of the Directors and
 the Auditors thereon (the "Annual Report and Accounts").
 2. To approve the annual report on remuneration as set out in the Annual        126,162,140  99.36             818,400        0.64                  0               126,980,540
 Report and Accounts for the year ended 31 December 2024
 3.To re-elect Neil Eckert as a Director of the Company.                         124,852,201  98.32             2,128,339      1.68                  0               126,980,540
 4. To re-elect Elaine Whelan as a Director of the Company.                      126,949,240  99.98             31,300         0.02                  0               126,980,540
 5. To re-elect Michelle Seymour Smith as a Director of the Company.             126,581,266  99.69             399,274        0.31                  0               126,980,540
 6. To re-elect Malcolm Furbert as a Director of the Company.                    126,368,883  99.52             611,657        0.48                  0               126,980,540
 7. To re-elect Elizabeth Murphy as a Director of the Company.                   126,581,266  99.69             399,274        0.31                  0               126,980,540
 8. To re-elect Ken Randall as a Director of the Company.                        125,609,384  98.92             1,371,156      1.08                  0               126,980,540
 9. To re- elect Rebecca Shelley as a Director of the Company                    125,400,614  98.76             1,579,926      1.24                  0               126,980,540
 10. To elect Stephen Redmond as a Director of the Company                       126,581,266  99.69             399,274        0.31                  0               126,980,540
 11. To re-appoint KPMG Audit Limited as auditors of the Company to hold office  125,530,540  98.86             1,450,000      1.14                  0               126,980,540
 until the conclusion of the next general meeting of the Company at which
 accounts are laid.
 12. To authorise the Directors to determine the remuneration of the auditors.   126,979,829  100.00            711            0.00                  0               126,980,540
 13. Directors' Authority to Allot Shares, as detailed in the Notice of          125,344,153  98.71             1,636,386      1.29                  0               126,980,539
 Meeting.
 SPECIAL RESOLUTIONS
 14. Disapplication of Pre-emption Rights - 10% for the purpose of making a      124,117,595  97.75             2,862,944      2.25                  0               126,980,539
 follow-on offer detailed in the Notice of Meeting.
 15. Disapplication of Pre-emption Rights - 10% for acquisition or a specified   121,462,876  95.65             5,517,663      4.35                  0               126,980,539
 capital investment as detailed in the Notice of Meeting.
 16. To authorise the purchase of its own Common Shares as detailed in the       126,834,283  100.00            0              0.00                  1               126,834,283
 Notice of Meeting.

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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