PDMR Notification

RNS Number : 1741M
Conduit Holdings Limited
19 May 2022
 

CHL PDMR RNS

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")

 

Pembroke, Bermuda, 19 May 2022

 

PDMR Notification

 

Conduit Holdings today announces that Stuart Quinlan, a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 12 May 2022, acquired 35,000 common shares. Stuart's total current shareholding ownership interest now stands at 71,820 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

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)

£3.565

Volume(s)

35,000

d)

Aggregated information

Aggregated volume

Price

35,000

 

£124,775 aggregated total

 

£3.565 per common share

e)

Date of the transaction

12 May 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

ENDS

Media contacts

Haggie Partners - David Haggie, Caroline Klein+44 (0) 207 562 4444 ConduitRe@haggie.co.uk

Investor relations and other enquiries:

info@conduitreinsurance.com

Website

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

About Conduit Re

Conduit Re is a pure play global reinsurance business based in Bermuda. 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.

Learn more:

Website: https://conduitreinsurance.com/

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

Twitter: https://twitter.com/Conduit_Re

Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulated information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in Conduit Holdings.

 

 

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END
 
 
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