Transaction in Own Shares

Summary by AI BETAClose X

Conduit Holdings Limited has announced the purchase of 40,197 of its common shares on 26 May 2026, as part of its ongoing share buyback programme. The volume-weighted average price paid per share was 464.16 GBp. Following this transaction, Conduit Holdings now holds 8,858,681 shares in treasury, with 165,239,997 common shares in issue, resulting in a total of 156,381,316 voting rights. This figure is important for shareholders to use when determining their notification obligations under the FCA's Disclosure Guidance and Transparency Rules.

Disclaimer*

Conduit Holdings Limited
02 June 2026
 

Pembroke, Bermuda - 2 June 2026

Conduit Holdings Limited

("Conduit Holdings"; LSE ticker: CRE)

Transactions in own shares

Conduit Holdings announces that, on 26 May 2026, it purchased a total of 40,197 of its common shares of USD 0.01 par value each (ISIN Code: BMG243851091) on the London Stock Exchange. The purchase was 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

26/05/2026

40,197

460.50

465.00

464.16


These share purchases form part of Conduit's existing share buyback programme initially announced on 13 May 2026, with further details announced on 26 May 2026 (the "Buyback Programme"). Repurchases may be made up to and including the conclusion of Conduit's 2027 Annual General Meeting (the "2027 AGM") or at 6:00 pm (Bermuda time) on 13 August 2027, whichever is sooner (unless the Buyback Programme is terminated earlier).

Following the above transaction, Conduit holds 8,858,681 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 156,381,316.

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

26/05/2026

9,583

464.38

BATE

Conduit Holdings Limited

BMG243851091

26/05/2026

4,674

463.85

CHIX

Conduit Holdings Limited

BMG243851091

26/05/2026

2,000

464.31

TRQX

Conduit Holdings Limited

BMG243851091

26/05/2026

23,940

464.12

XLON


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/9151F_1-2026-5-27.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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