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Last checked at 
15 Apr 2026 16:54
CHL PDMR RNS
Pembroke, Bermuda - 15 April 2026
Conduit Holdings Limited
("Conduit Holdings"; LSE ticker: CRE)
PDMR Notification
Grant of LTIP Award
Conduit Holdings, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, today announces that the following conditional award over common shares of $0.01 par value each in Conduit ("Common Shares") were granted under the Conduit Long Term Incentive Plan ("LTIP") to the following person discharging managerial responsibilities in Conduit ("PDMR"):
(1) Neil Eckert, PDMR, has been awarded 432,778 Common Shares as a Performance Share Award.
The award was granted on 10 April 2026 as a conditional award and will ordinarily vest on the third anniversary of the grant date, subject to continued employment and to the satisfaction of performance and other conditions in accordance with the rules of the LTIP and the Remuneration Policy approved at Conduit's 2024 AGM, and as disclosed in the Remuneration Report set out in Conduit's Annual Report & Accounts.
PDMR's beneficial ownership interest
Neil Eckert's beneficial ownership interest stands at 913,253 Common Shares excluding the unvested shares which are the subject of the LTIP Award specified in this announcement.
PDMR Notification of Dealing Form
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, 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 instrument | Common Shares of $0.01 par value
|
Identification code | ISIN BMG243851091 SEDOL BN133N2 | |
b) | Nature of the Transaction
| Grant of a conditional award over Common Shares under the Rules of the Conduit Holdings Limited Long Term Incentive Plan with a price of nil pence per share. |
c) | Price(s) and volume(s)
| Price(s) Nil Volume(s) 432,778 |
d) | Aggregated information Aggregated volume Price | Not applicable (single transaction)
|
e) | Date of the transaction | 10 April 2026 |
f) | Place of the transaction | Outside a trading venue |
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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