Conduit Holdings Limited PDMR Notification (2774R)

TIDMCRE

RNS Number : 2774R

Conduit Holdings Limited

03 November 2021

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") 

Hamilton, Bermuda 3 November 2021

PDMR Notification

Conduit Holdings today announces that Stuart Quinlan, a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 3 November 2021, acquired 6,820 common shares. Stuart's total current shareholding ownership interest now stands at 36,820 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                                                          Stuart Quinlan 
     ------------------------------------------------------------  --------------------------------------- 
 2    Reason for the Notification 
     ----------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Stuart Quinlan - 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                                                           213800VO4O83JVSSOX33 
     ------------------------------------------------------------  --------------------------------------- 
 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                                     Acquisition of Shares 
     ------------------------------------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)                                        Price(s) 
                                                                     GBP 4.492 
                                                                     Volume(s) 
                                                                     6,820 
     ------------------------------------------------------------  --------------------------------------- 
 d)   Aggregated information                                        6,820 Common Shares in aggregate 
 
                                                                     GBP30,635.44 aggregated total 
       Aggregated volume 
 
                                                                     GBP4.492 per Common Share 
 
       Price 
     ------------------------------------------------------------  --------------------------------------- 
 e)   Date of the transaction                                       3 November, 2021 
     ------------------------------------------------------------  --------------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange (XLON) 
     ------------------------------------------------------------  --------------------------------------- 
 

ENDS

Contacts

Media: David Haggie, Caroline Klein, Haggie Partners [phone] [e-mail]

Other: [e-mail]

Website

Further details of the Conduit Group can be found at its website: https://conduitreinsurance.com/

Notes to Editors

About Conduit Re

Conduit Holdings is a pure play global reinsurance business based in Bermuda. Its main operating subsidiary Conduit Reinsurance Limited, is licensed by the Bermuda Monetary Authority as a Class 4 reinsurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit Reinsurance Limited. The outlook assigned to these Credit Ratings (ratings) is stable.

Learn more:

Web: https://conduitreinsurance.com/

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

Twitter: https://twitter.com/Conduit_Re

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHMZMGMRFGGMZM

(END) Dow Jones Newswires

November 03, 2021 14:11 ET (18:11 GMT)