Source - LSE Regulatory
RNS Number : 9291D
Conduit Holdings Limited
07 March 2022
 

This announcement contains inside information for the purpose of the Market Abuse Regulation (EU) No 596/2014 (which forms part of UK domestic law pursuant to the European Union (Withdrawal) Act 2018, as amended)

 

Conduit Holdings Limited ("Conduit Holdings")

 

Pembroke, Bermuda - 7 March 2022

 

PDMR Notification

 

Conduit Holdings today announces that Elaine Whelan, a Director and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 4 March 2022, acquired 26,800 common shares. Elaine's total current shareholding ownership interest now stands at 92,750 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

Elaine Whelan

2

Reason for the Notification

a)

Position/status

 

Elaine Whelan - 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 instrument

Common Shares of $0.01 par value

 

Identification code

ISIN BMG243851091

SEDOL BN133N2

b)

Nature of the Transaction

 

 

Acquisition of Shares

c)

Price(s) and volume(s)

 

Price(s)

GBP 3.71

Volume(s)

26,800

d)

Aggregated information

 

Aggregated volume

 

Price

26,800 Common Shares in aggregate

 

£99,428.00 aggregated total

 

£3.71 per Common Share

e)

Date of the transaction

4 March 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

ENDS

 

 

Media contacts 

Haggie Partners - David Haggie, Caroline Klein 

+44 (0) 207 562 4444  

conduitre@haggie.co.uk  

 

Investor relations and other enquiries: 

info@conduitreinsurance.com  

 

About Conduit Re 

Conduit Re is a pure play global reinsurance business based in Bermuda. 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.  

 

Learn more about Conduit Re: 

Website: https://conduitreinsurance.com/  

LinkedIn: https://www.linkedin.com/company/conduit-re  

Twitter: https://twitter.com/Conduit_Re  

 

Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulated information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in Conduit Holdings.  

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END
 
 
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