Transaction in Own Shares

Summary by AI BETAClose X

Conduit Holdings Limited has announced the purchase of 132,148 of its ordinary shares on the London Stock Exchange between April 27, 2026, and May 1, 2026, as part of its ongoing share buyback program. The weighted average purchase price during this period was approximately 437.11 GBp. Following these transactions, Conduit Holdings now holds 8,729,487 shares in treasury, with 156,510,510 total voting rights outstanding.

Disclaimer*

Conduit Holdings Limited
05 May 2026
 

Pembroke, Bermuda - 5 May 2026

Conduit Holdings Limited

("Conduit Holdings"; LSE ticker: CRE)

Transactions in own shares

Conduit Holdings announces that, between 27 April 2026 and 1 May 2026 (inclusive), it purchased a total of 132,148 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

27/04/2026

19,979

438.50

440.00

439.50

01/05/2026

112,169

435.50

440.00

437.11


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 8,729,487 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 156,510,510.

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

27/04/2026

6,485

439.44

BATE

Conduit Holdings Limited

BMG243851091

27/04/2026

8,147

439.52

XLON

Conduit Holdings Limited

BMG243851091

27/04/2026

4,045

439.47

CHIX

Conduit Holdings Limited

BMG243851091

27/04/2026

1,302

439.69

TRQX

Conduit Holdings Limited

BMG243851091

01/05/2026

14,429

439.49

BATE

Conduit Holdings Limited

BMG243851091

01/05/2026

87,790

436.50

XLON

Conduit Holdings Limited

BMG243851091

01/05/2026

8,877

439.10

CHIX

Conduit Holdings Limited

BMG243851091

01/05/2026

1,073

438.64

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/8906C_1-2026-5-1.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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