Conduit Holdings Limited Director/PDMR Shareholding (4053S)
15 November 2021 - 10:44PM
UK Regulatory
TIDMCRE
RNS Number : 4053S
Conduit Holdings Limited
15 November 2021
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")
Hamilton, Bermuda 15 November 2021
PDMR Notification
Conduit Holdings today announces that Richard Sandor, a Director
and person discharging managerial responsibilities in Conduit
Holdings ("PDMR") acquired 7000 Conduit Holdings common shares of
par value $0.01 per share each at an aggregate price of GBP4.5142
per common share.
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 Richard Sandor
--------------------------------------------------------------- ------------------------------------
2 Reason for the Notification
-----------------------------------------------------------------------------------------------------
a) Position/status Richard Sandor - PDMR and Director
--------------------------------------------------------------- ------------------------------------
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
--------------------------------------------------------------- ------------------------------------
Identification code ISIN BMG243851091
SEDOL BN133N2
--------------------------------------------------------------- ------------------------------------
b) Nature of the Transaction Acquisition
--------------------------------------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s)
4 November 2021 - GBP4.56
11 November 2021 - GBP4.40
Volume(s)
4 November - 5000
11 November - 2000
--------------------------------------------------------------- ------------------------------------
d) Aggregated information 7000
Aggregated volume GBP31,600.00
Price GBP4.5142 per common share
--------------------------------------------------------------- ------------------------------------
e) Date of the transaction 4th & 11th November 2021
--------------------------------------------------------------- ------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
--------------------------------------------------------------- ------------------------------------
ENDS
Contacts
Media: David Haggie, Caroline Klein, Haggie Partners +44 (0) 207
562 4444 ConduitRe@haggie.co.uk
Other: info@conduitreinsurance.com
Website
Further details of the Conduit Group can be found at its
website: https://conduitreinsurance.com/
Notes to Editors
About Conduit Re
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.
Learn more:
Web: https://conduitreinsurance.com/
LinkedIn: https://www.linkedin.com/company/conduit-re
Twitter: https://twitter.com/Conduit_Re
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END
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