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PDMR Notification

3 Nov 2021 18:11

RNS Number : 2774R
Conduit Holdings Limited
03 November 2021
Β 

ThisΒ announcementΒ containsΒ insideΒ informationΒ forΒ theΒ purposeΒ ofΒ theΒ MarketΒ AbuseΒ Regulation (EU) No 596/2014 (which forms part of UK domestic law pursuant to the European Union (Withdrawal) Act 2018, as amended)

Β 

Conduit HoldingsΒ Limited ("Conduit Holdings")

Β 

Hamilton, Bermuda 3 November 2021

Β 

PDMR Notification

Β 

Conduit Holdings today announces that Stuart Quinlan, a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 3 November 2021, acquired 6,820 common shares. Stuart's total current shareholding ownership interest now stands at 36,820 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

Stuart Quinlan

2

Reason for the Notification

a)

Position/status

Β 

Stuart Quinlan - 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

213800VO4O83JVSSOX33

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

Β 

Identification code

ISIN BMG243851091

SEDOL BN133N2

b)

Nature of the Transaction

Β 

Β 

Acquisition of Shares

c)

Price(s) and volume(s)

Β 

Price(s)

GBP 4.492

Volume(s)

6,820

d)

Aggregated information

Β 

Β 

Aggregated volume

Β 

Β 

Β 

Price

6,820 Common Shares in aggregate

Β 

Β£30,635.44 aggregated total

Β 

Β 

Β£4.492 per Common Share

e)

Date of the transaction

3 November, 2021

f)

Place of the transaction

London Stock Exchange (XLON)

Β 

ENDS

Β 

Β 

Contacts

Β 

Media: David Haggie, Caroline Klein, Haggie Partners +44 (0) 207 562 4444 ConduitRe@haggie.co.ukΒ 

Β 

Other: info@conduitreinsurance.comΒ 

Β 

Website

Β 

Further details of the Conduit Group can be found at its website: https://conduitreinsurance.com/Β 

Β 

Notes to Editors

Β 

About Conduit Re

Β 

Conduit Holdings is a pure play global reinsurance business based in Bermuda. Its main operating subsidiary Conduit Reinsurance Limited, is licensed by the Bermuda Monetary Authority as a Class 4 reinsurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" to Conduit Reinsurance Limited. The outlook assigned to these Credit Ratings (ratings) is stable.

Β 

Learn more:

Web: https://conduitreinsurance.com/

LinkedIn: https://www.linkedin.com/company/conduit-re

Twitter: https://twitter.com/Conduit_Re

Β 

Β 

Β 

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Β 
END
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