Pembroke, Bermuda - 9 March 2026
Conduit Holdings Limited
("CHL" - LSE ticker: CRE)
PDMR Notification
Conduit Holdings Limited that it was notified on 4 March 2026 that:
(1) On 2 March 2026, Ken Randall, a person discharging managerial responsibility in CHL (a "PDMR"), disposed of 55,000 Common Shares at a price of £4.2712 per share.
(2) on 4 March 2026, Ken Randall's Self‑Invested Personal Pension (SIPP), a person closely associated with him (a "PCA"), acquired 55,000 Common Shares at £4.34 per share.
Following these transactions, Mr Randall's beneficial ownership interest in CHL remains unchanged at 55,000 Common Shares (including those held in his SIPP).
This notification is made in accordance with Article 19 of the UK Market Abuse Regulation (MAR).
|
1 |
Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") |
|
|
a) |
Name |
Ken Randall's SIPP |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Ken Randall's SIPP - a 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 SIPP |
|
c) |
Price(s) and volume(s)
|
Price(s) £4.34 Volume(s) 55,000 |
|
d) |
Aggregated information
Aggregated volume
Price |
55,000 Common Shares
£238,700 aggregated total
£4.34 per Common Share |
|
e) |
Date of the transaction |
2 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 |
Ken Randall |
|
2 |
Reason for the Notification |
|
|
a) |
Position/status |
Ken Randall - 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
|
Disposal of Common Shares |
|
c) |
Price(s) and volume(s)
|
Price(s) 4.2712 Volume(s) 55,000 |
|
d) |
Aggregated information
Aggregated volume
Price |
55,000 Common Shares
£234,916 aggregated total
£4.2712 per Common Share |
|
e) |
Date of the transaction |
4 March 2026 |
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Media contacts
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 Gordon (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 pure-play 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