REG - Conduit Holdings Ltd - Transaction in Own Shares

Conduit HoldingsAnnouncement

22/05/2025 07:00

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RNS Number : 6830J  Conduit Holdings Limited  22 May 2025

Pembroke, Bermuda [22 May 2025]

Conduit Holdings Limited

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

Transactions in own shares

Conduit Holdings announces today that it has purchased the following number of
its common shares of USD 0.01 par value each (ISIN Code: BMG243851091) on the
London Stock Exchange. The purchases were made by Panmure Liberum Limited
("Panmure Liberum") on behalf of the Company.

 Date of purchase:                                                21 May 2025
 Aggregate number of ordinary shares of USD 0.01 each purchased:  65,000
 Lowest price paid per share (GBp):                               367
 Highest price paid per share (GBp):                              370
 Volume weighted average price paid per share (GBp):              368

These share purchases form part of the Company's existing share buyback
programme initially announced on 14 May 2025, with further details announced
on 19 May 2025 (the "Buyback Programme"). Repurchases may be made up to and
including the conclusion of CHL's 2026 Annual General Meeting (the "2026 AGM")
or at 6.00 p.m. (Atlantic time) on 14 August 2026, whichever is sooner (unless
the Buyback Programme is terminated earlier).

Following the above transaction, the Company holds 199,000 of its common
shares in treasury and has 165,239,997 common shares in issue (including
treasury shares). Therefore, the total voting rights in the Company will be
165,040,997.

This figure for the total number of voting rights may be used by shareholders
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
Conduit Holdings under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it forms
part of Retained EU Law as defined in the European Union (Withdrawal) Act 2018
(the "UK Market Abuse Regulation"), the table below contains detailed
information of the individual trades made by Panmure Liberum as part of the
Buyback Programme.

Aggregated information

 Trading venue  Volume weighted average price (GBp)  Aggregated volume
 AIMX           368                                  65,000

Daily Individual Transaction Details are set out below:

 Issuer Name               Transaction Date  Transaction Time  Volume  Price (GBp)  Trading Venue  Transaction Reference Code
 Conduit Holdings Limited  21 May 2025       9:18 BST          15,000  370          AIMX           00040414798TRLO0
 Conduit Holdings Limited  21 May 2025       11:26 BST         20,000  367          AIMX           00040411437TRLO0
 Conduit Holdings Limited  21 May 2025       13:48 BST         10,000  367          AIMX           00040407656TRLO0
 Conduit Holdings Limited  21 May 2025       15:07 BST         20,000  368          AIMX           00040405223TRLO0

 

Media contracts

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

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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