Conduit Holdings Limited PDMR Notification (5215O)
June 10 2022 - 8:53AM
UK Regulatory
TIDMCRE
RNS Number : 5215O
Conduit Holdings Limited
10 June 2022
CHL PDMR RNS
This announcement contains inside information for the purpose of
the Market Abuse Regulation (EU) No 596/2014 (which forms part of
UK domestic law pursuant to the European Union (Withdrawal) Act
2018, as amended)
Conduit Holdings Limited ("Conduit Holdings")
Pembroke, Bermuda,10 June 2022
DIRECTOR/PDMR Notification
Conduit Holdings today announces that Neil Eckert, a director
and person discharging managerial responsibilities in Conduit
Holdings ("PDMR"), on 9 June 2022, acquired 29,498 common shares.
Neil's total current shareholding ownership interest now stands at
604,587 common shares. Nicola Eckert (a person closely associated
with Neil Eckert) has shareholding ownership interest standing at
35,873. The total shareholding interest in Conduit Holdings' common
shares held by Neil and persons closely associated with him now
stands at 640,460.
PDMR Notification of Dealing Form: The notification below, made
in accordance with the requirements of the Market Abuse Regulation
(EU) 596/2014 (which forms part of UK domestic law pursuant to the
European Union (Withdrawal) Act 2018, as amended), provides further
details of the transaction.
1 Details of the person discharging managerial responsibilities ("PDMR") / person closely associated
("PCA")
a) Name Neil Eckert
------------------------------------------------------------ ---------------------------------------
2 Reason for the Notification
-----------------------------------------------------------------------------------------------------
a) Position/status Neil Eckert - 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 Common Shares of $0.01 par value
instrument
------------------------------------------------------------ ---------------------------------------
Identification code ISIN BMG243851091
SEDOL BN133N2
------------------------------------------------------------ ---------------------------------------
b) Nature of the Transaction Acquisition of Shares
------------------------------------------------------------ ---------------------------------------
c) Price(s) and volume(s) Price(s)
GBP3.482;
Volume(s)
29,498
------------------------------------------------------------ ---------------------------------------
d) Aggregated information 29,498 common shares
Aggregated volume
Price GBP102,712 aggregated total
GBP3.482 per common share
------------------------------------------------------------ ---------------------------------------
e) Date of the transaction 9 June 2022
------------------------------------------------------------ ---------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------------------------------------ ---------------------------------------
ENDS
Media contacts
Haggie Partners - David Haggie, Caroline Klein+44 (0) 207 562
4444 ConduitRe@haggie.co.uk
Investor relations and other enquiries:
info@conduitreinsurance.com
Website
Further details of the Conduit Group can be found at its
website: https://conduitreinsurance.com/
About Conduit Re
Conduit Re is a pure play global reinsurance business based in
Bermuda. 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.
Learn more:
Website: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
Twitter: https://twitter.com/Conduit_Re
Neither the content of the Company's website, nor the content on
any website accessible from hyperlinks on its website for any other
website, is incorporated into, or forms part of, this announcement
nor, unless previously published by means of a regulated
information service, should any such content be relied upon in
reaching a decision as to whether or not to acquire, continue to
hold, or dispose of, securities in Conduit Holdings.
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END
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