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Richard Sandor, a Director and PDMR of Conduit Holdings Limited, acquired a total of 3,900 Conduit Holdings common shares on 19 and 22 November 2021. These shares were acquired at an aggregate price of £4.317 per common share, bringing his total current shareholding in Conduit Holdings Limited to 13,900 common shares.
| Date | 24 Nov 2021 |
| Time | 15:58:19 |
| Category | Director/PDMR dealings |
| ID | 5019T |
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 - 24 November 2021
PDMR Notification
Conduit Holdings today announces that Richard Sandor, a Director and person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 19 & 22 November 2021, acquired 3,900 Conduit Holdings common shares of par value $0.01 per share each at an aggregate price of £4.317 per common share. Richard Sandor's total current shareholding ownership interest in Conduit Holdings Limited now stands at 13,900 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") |
|
|
a) |
Name |
Richard Sandor |
|
2 |
Reason for the Notification |
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a) |
Position/status
|
Richard Sandor - PDMR and Director |
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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 |
|
|
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 instrument |
Common Shares of $0.01 par value
|
|
Identification code |
ISIN BMG243851091 SEDOL BN133N2 |
|
|
b) |
Nature of the Transaction
|
Acquisition |
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c) |
Price(s) and volume(s)
|
Price(s) 19 November 2021 - £4.33 22 November 2021 - £4.31 Volume(s) 19 November 2021 -1400 22 November 2021 - 2500 |
|
d) |
Aggregated information Aggregated volume Price |
3900 £16,837.00 aggregated total £4.317 per common share |
|
e) |
Date of the transaction |
19 November 2021 22 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 [email protected]
Other: [email protected]
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