PDMR Notification

RNS Number : 2727R
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 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.

 

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

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 of Shares

c)

Price(s) and volume(s)

 

Price(s)

GBP 4.44

Volume(s)

22,000

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  

 

 

 

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