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| Date | 3 Nov 2021 |
| Time | 17:34:37 |
| Category | Director/PDMR dealings |
| ID | 2727R |
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 4 November 2021
PDMR Notification
Conduit Holdings today announces that Elain Whelan, a Director and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 3 November 2021, acquired 22,000 common shares. Elaine's total current shareholding ownership interest now stands at 41,950 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.
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1 |
Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") |
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|
a) |
Name |
Elaine Whelan |
|
2 |
Reason for the Notification |
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a) |
Position/status
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Elaine Whelan - PDMR |
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b) |
Initial notification/amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Conduit Holdings Limited |
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b) |
LEI |
213800VO4O83JVSSOX33 |
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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 |
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|
a) |
Description of the Financial instrument, type of instrument |
Common Shares of $0.01 par value
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Identification code |
ISIN BMG243851091 SEDOL BN133N2 |
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b) |
Nature of the Transaction
|
Acquisition of Shares |
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c) |
Price(s) and volume(s)
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Price(s) GBP 4.44 Volume(s) 22,000 |
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d) |
Aggregated information
Aggregated volume
Price |
22,000 Common Shares in aggregate
£97,680 aggregated total
£4.44 per Common Share |
|
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 +44 (0) 207 562 4444 ConduitRe@haggie.co.uk
Other: info@conduitreinsurance.com
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