Conduit Holdings Limited
("Conduit Holdings"; LSE ticker: CRE)
Transactions in own shares
Conduit Holdings announces that, between 10 April 2026 and 16 April 2026 (inclusive), it purchased a total of 579,289 of its common shares of USD 0.01 par value each (ISIN Code: BMG243851091) on the London Stock Exchange. The purchases were made by Panmure Liberum Limited ("Panmure Liberum") on behalf of Conduit. Daily purchase details are presented in the following table.
|
Date of purchase |
Aggregate number of ordinary shares of USD 0.01 each purchased |
Price paid per share (GBp) |
||
|
Lowest |
Highest |
Volume weighted average |
||
|
10/04/2026 |
155,000 |
431.50 |
440.00 |
435.29 |
|
13/04/2026 |
153,627 |
433.50 |
438.50 |
435.81 |
|
14/04/2026 |
80,472 |
435.50 |
440.00 |
438.44 |
|
15/04/2026 |
131,377 |
436.00 |
440.00 |
438.31 |
|
16/04/2026 |
58,813 |
437.50 |
440.00 |
438.89 |
These share purchases form part of Conduit's existing share buyback programme initially announced on 14 May 2025, with further details announced on 19 May 2025 (the "Buyback Programme"). Repurchases may be made up to and including the conclusion of Conduit's 2026 Annual General Meeting (the "2026 AGM") or at 6:00 pm (Bermuda time) on 14 August 2026, whichever is sooner (unless the Buyback Programme is terminated earlier).
Following the above transactions, Conduit holds 8,078,992 of its common shares in treasury and has 165,239,997 common shares in issue (including treasury shares). Therefore, the total voting rights in Conduit will be 157,161,005.
This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Conduit Holdings under the FCA's Disclosure Guidance and Transparency Rules.
Aggregated information
|
Issuer name |
ISIN Code |
Transaction date |
Daily total volume (in number of shares) |
Daily weighted average price of shares acquired |
Platform |
|
Conduit Holdings Limited |
BMG243851091 |
10/04/2026 |
44,950 |
435.35 |
BATE |
|
Conduit Holdings Limited |
BMG243851091 |
10/04/2026 |
91,450 |
435.23 |
XLON |
|
Conduit Holdings Limited |
BMG243851091 |
10/04/2026 |
13,950 |
435.40 |
CHIX |
|
Conduit Holdings Limited |
BMG243851091 |
10/04/2026 |
4,650 |
435.57 |
TRQX |
|
Conduit Holdings Limited |
BMG243851091 |
13/04/2026 |
43,577 |
435.69 |
BATE |
|
Conduit Holdings Limited |
BMG243851091 |
13/04/2026 |
89,900 |
435.89 |
XLON |
|
Conduit Holdings Limited |
BMG243851091 |
13/04/2026 |
17,050 |
435.73 |
CHIX |
|
Conduit Holdings Limited |
BMG243851091 |
13/04/2026 |
3,100 |
435.67 |
TRQX |
|
Conduit Holdings Limited |
BMG243851091 |
14/04/2026 |
23,986 |
438.52 |
BATE |
|
Conduit Holdings Limited |
BMG243851091 |
14/04/2026 |
42,794 |
438.29 |
XLON |
|
Conduit Holdings Limited |
BMG243851091 |
14/04/2026 |
10,592 |
438.65 |
CHIX |
|
Conduit Holdings Limited |
BMG243851091 |
14/04/2026 |
3,100 |
439.07 |
TRQX |
|
Conduit Holdings Limited |
BMG243851091 |
15/04/2026 |
42,895 |
438.22 |
BATE |
|
Conduit Holdings Limited |
BMG243851091 |
15/04/2026 |
68,332 |
438.32 |
XLON |
|
Conduit Holdings Limited |
BMG243851091 |
15/04/2026 |
17,050 |
438.47 |
CHIX |
|
Conduit Holdings Limited |
BMG243851091 |
15/04/2026 |
3,100 |
438.35 |
TRQX |
|
Conduit Holdings Limited |
BMG243851091 |
16/04/2026 |
16,638 |
438.94 |
BATE |
|
Conduit Holdings Limited |
BMG243851091 |
16/04/2026 |
23,365 |
438.74 |
XLON |
|
Conduit Holdings Limited |
BMG243851091 |
16/04/2026 |
13,810 |
438.88 |
CHIX |
|
Conduit Holdings Limited |
BMG243851091 |
16/04/2026 |
5,000 |
439.43 |
TRQX |
Pursuant to Article 5(1)(b) of the UK Market Abuse Regulation, a full breakdown of the individual trades made by Panmure Liberum on behalf of the Company as part of the Buyback Programme is available via the link below.
http://www.rns-pdf.londonstockexchange.com/rns/1701B_1-2026-4-20.pdf
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 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