Transaction in Own Shares

Summary by AI BETAClose X

Conduit Holdings Limited announced that between April 10 and April 16, 2026, it purchased 579,289 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The volume-weighted average price paid per share ranged from approximately 435.29 GBp to 438.89 GBp. Following these transactions, Conduit Holdings holds 8,078,992 shares in treasury, with 165,239,997 common shares in issue, resulting in a total of 157,161,005 voting rights.

Disclaimer*

Conduit Holdings Limited
21 April 2026
 

Pembroke, Bermuda - 21 April 2026

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

About Conduit Re

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

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