Pembroke, Bermuda - 25 March 2026
Conduit Holdings Limited
("CHL" - LSE ticker: CRE)
PDMR Notification
Conduit Holdings today announces that it was notified on 23 March 2026, that:
(1) Neil Eckert, a person discharging managerial responsibility in CHL (PDMR) has, in order to effect a "Bed and ISA" transaction, sold 4,850 Common Shares at a price of £4.065 per Common Share and then repurchased into his Individual Savings Account (ISA) 4,850 Common Shares at a price of £4.065 per Common Share;
(2) Nicola Eckert, a person closely associated (PCA) with Neil Eckert has, in order to effect a "Bed and ISA" transaction, sold 4,850 Common Shares at a price of £4.065 per Common Share and then repurchased into her ISA 4,850 Common Shares at a price of £4.065 per Common Share;
(3) Neil Eckert, a person discharging managerial responsibility in CHL (PDMR) has, in order to effect a "Bed and SIPP" transaction, sold 6,560 Common Shares at a price of £4.065 per Common Share and then repurchased into his Self-Invested Personal Pension (SIPP) 6,560 Common Shares at a price of £4.065 per Common Share.
The above transactions took place on 23 March 2026.
Following these transactions Neil Eckert's beneficial ownership interest (which includes shares held by PCA Nicola Eckert) stands at 829,402 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 |
Neil Eckert |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Executive Director and Chief Executive Officer |
|
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
|
Sale of Common Shares |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.065 Volume(s) 4,850 |
|
d) |
Aggregated information
Aggregated volume
Price |
4,850 Common Shares
£19,715.25 aggregated total
£4.065 per Common Share |
|
e) |
Date of the transaction |
23 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA) |
|
|
a) |
Name |
Neil Eckert |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Executive Director and Chief Executive Officer |
|
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
|
Purchase of Common Shares via ISA |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.065 Volume(s) 4,850 |
|
d) |
Aggregated information
Aggregated volume
Price |
4,850 Common Shares
£19,715.25 aggregated total
£4.065 per Common Share |
|
e) |
Date of the transaction |
23 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA) |
|
|
a) |
Name |
Nicola Eckert |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Nicola Eckert - PCA |
|
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
|
Sale of Common Shares |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.065 Volume(s) 4,850 |
|
d) |
Aggregated information
Aggregated volume
Price |
4,850 Common Shares
£19,715.25 aggregated total
£4.065 per Common Share |
|
e) |
Date of the transaction |
23 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA) |
|
|
a) |
Name |
Nicola Eckert |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Nicola Eckert - PCA |
|
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
|
Purchase of Common Shares via ISA |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.065 Volume(s) 4,850 |
|
d) |
Aggregated information
Aggregated volume
Price |
4,850 Common Shares
£19,715.25 aggregated total
£4.065 per Common Share |
|
e) |
Date of the transaction |
23 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA) |
|
|
a) |
Name |
Neil Eckert |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Executive Director and Chief Executive Officer |
|
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
|
Sale of Common Shares |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.065 Volume(s) 6,560 |
|
d) |
Aggregated information
Aggregated volume
Price |
6,560 Common Shares
£26,666.40 aggregated total
£4.065 per Common Share |
|
e) |
Date of the transaction |
23 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
1 |
Details of the person discharging managerial responsibilities (PDMR) / person closely associated (PCA) |
|
|
a) |
Name |
Neil Eckert |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Executive Director and Chief Executive Officer |
|
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
|
Purchase of Common Shares via SIPP |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.065 Volume(s) 6,560 |
|
d) |
Aggregated information
Aggregated volume
Price |
6,560 Common Shares
£26,666.40 aggregated total
£4.065 per Common Share |
|
e) |
Date of the transaction |
23 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Haggie Partners - David Haggie / Peter Rigby / Caroline Klein
+44 (0) 207 562 4444
conduitre@haggiepartners.com
Investor relations and other enquiries:
brett.shirreffs@conduitre.bm
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
Conduit Re is a Bermuda-based multi-line 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