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18 Aug 2023 07:00
CHL PDMR/PCA TRANSACTION RNS
CHL PDMR/PCA TRANSACTION RNS
Pembroke, Bermuda - 18 August 2023
Conduit Holdings Limited
("CHL" LSE ticker: CRE)
PDMR/PCA Transaction Notification
CHL today announces that Elaine Whelan, a person discharging managerial responsibilities in CHL ("PDMR"), on 17 August 2023 acquired a total of 22,265 of CHL's common shares. Elaine's total current shareholding ownership interest now stands at 233,266 common shares.
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 | Elaine Whelan |
2 | Reason for the Notification | |
a) | Position/status | Elaine Whelan - Executive Director/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
| Acquisition of Shares |
c) | Price(s) and volume(s)
| Price(s) £4.46552 Volume(s) 22,265 |
d) | Aggregated information
Aggregated volume
Average Price | 22,265 common shares
£99,424.80 aggregated total
£4.46552 per common share |
e) | Date of the transaction | 17 August 2023 |
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Alistair de Kare-Silver
+44 (0) 207 379 5151
conduitre@h-advisors.global
Investor relations and other enquiries:
info@conduitreinsurance.com
Panmure Gordon (UK) Limited (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 pure-play Bermuda-based 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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