Director/PDMR Shareholding

Conduit Holdings Limited

30 March 2026

 

CHL PDMR RNS

Pembroke, Bermuda - 30 March 2026

Conduit Holdings Limited

("CHL" - LSE ticker: CRE)

PDMR Notification

Grant of LTIP Award

CHL, the ultimate parent company of Conduit Re, a Bermuda-based reinsurance business, today announces that the following conditional award over common shares of $0.01 par value each in CHL ("Common Shares") were granted under the CHL Long Term Incentive Plan ("LTIP") to the following person discharging managerial responsibilities in CHL ("PDMR"):

(1)       Elaine Whelan, PDMR, has been awarded 316,469 Common Shares as a Performance Share Award

The award was granted on 25 March 2026 as a conditional award and will ordinarily vest on the third anniversary of the grant date, subject to continued employment and to the satisfaction of performance and other conditions in accordance with the rules of the LTIP and the Remuneration Policy approved at CHL's 2024 AGM, and as disclosed in the Remuneration Report set out in the CHL Annual Report & Accounts.

PDMR's beneficial ownership interest

Elaine Whelan's beneficial ownership interest stands at 581,457 Common Shares excluding the unvested shares which are the subject of the LTIP Award specified in this announcement.

PDMR Notification of Dealing Form

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, 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	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	Grant of a conditional award over Common Shares under the Rules of the Conduit Holdings Limited Long Term Incentive Plan with a price of nil pence per share.
c)	Price(s) and volume(s)	Price(s) Nil Volume(s) 316,469
d)	Aggregated information Aggregated volume Price	Not applicable (single transaction)
e)	Date of the transaction	25 March 2026
f)	Place of the transaction	Outside a trading venue

Media contacts

Haggie Partners - David Haggie / Peter Rigby / Caroline Klein

[phone]

[e-mail]

Investor relations and other enquiries:

[e-mail]

Panmure Liberum (Joint Corporate Broker)

[phone]

Berenberg (Joint Corporate Broker)

[phone]

Peel Hunt (Joint Corporate Broker)

[phone]

About Conduit Re

Conduit Re is a 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

 

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