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Conduit Holdings Limited released an amended PDMR notification on 8 November 2024. The notification stated that Trevor Carvey, a Person Discharging Managerial Responsibilities (PDMR), acquired 15,000 common shares on 6 November 2024 on the London Stock Exchange for an aggregated total of £72,918.5. Following this acquisition, Mr. Carvey's total ownership interest, including shares held by PCA Catherine Carvey, stands at 590,557 common shares.
| Date | 8 Nov 2024 |
| Time | 07:00:01 |
| Category | Director/PDMR dealings |
| ID | 4423L |
CHL PDMR RNS
CHL PDMR RNS
Pembroke, Bermuda - 8 November 2024
Conduit Holdings Limited
("CHL"; LSE ticker: CRE)
PDMR Notification - Amendment
A non material typographical change has been made to the PDMR Notification announcement released on 7 November 2024 at 16.26 under RNS No. 4117L. The change is identified with an asterisk (*). The full amended text is shown below.
Conduit Holdings today announces that Trevor Carvey, a person discharging managerial responsibilities in CHL ("PDMR"), on 6 November 2024 acquired a total of 15,000 common shares. Trevor's total current shareholding ownership interest (which includes shares held by PCA Catherine Carvey) now stands at 590,557 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 |
Trevor Carvey |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Trevor Carvey - 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)* £4.8588; £4.865; £4.8599 Volume(s) 5,000; 5,000; 5,000 |
|
d) |
Aggregated information
Aggregated volume
Average Price |
15,000 common shares
£72,918.5 aggregated total
£4.861233 per common share |
|
e) |
Date of the transaction |
6 November 2024 |
|
f) |
Place of the transaction |
(XLON) London Stock Exchange - Regulated Market |
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Genevieve Ryan
+44 (0) 207 379 5151
Investor relations and other enquiries:
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 multi-line Bermuda-based 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 stable.
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