1st Apr 2025 18:20
CHL PDMR RNS
Pembroke, Bermuda -1 April 2025
Conduit Holdings Limited
("CHL"; LSE ticker: CRE)
PDMR Notification
Conduit Holdings Limited today announces that Trevor Carvey, a person discharging managerial responsibilities in CHL ("PDMR"), on 1 April 2025 acquired a total of 70,000 common shares. Trevor's total current shareholding ownership interest (which includes shares held by PCA Catherine Carvey) now stands at 834,161 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 | Trevor Carvey |
2 | Reason for the Notification | |
a) | Position/status | Executive Director and Chief Executive Officer |
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) £3.423; £3.400; £3.39 Volume(s) 23,000; 23,000; 24,000 |
d) | Aggregated information
Aggregated volume
Average Price | 70,000 common shares
£238,289 aggregated total
£3.404 per common share |
e) | Date of the transaction | 1 April 2025 |
f) | Place of the transaction | (XLON) London Stock Exchange - Regulated Market |
Media contacts
H/Advisors Maitland - Vikki Kosmalska / Genevieve Ryan
+44 (0) 207 379 5151
Investor relations and other enquiries:
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 multi-line 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 positive.
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
Related Shares:
Conduit Hldg