Conduit Holdings Limited

Transaction in Own Shares • Mar 9, 2022

National Storage Mechanism | Additional information

RNS Number : 2294E

Conduit Holdings Limited

09 March 2022

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")

Pembroke, Bermuda - 9 March 2022

PDMR Notification

Conduit Holdings today announces that Michelle Seymour Smith, a Director and a person discharging managerial responsibilities in Conduit Holdings ("PDMR"), on 7 March 2022, acquired 20,000 common shares. Her total current shareholding ownership interest now stands at 20,000 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	Michelle Seymour Smith
2	Reason for the Notification
a)	Position/status	PDMR / 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	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) GBP 3.605 Volume(s) 20,000
d)	Aggregated information Aggregated volume Price	20,000 Common Shares in aggregate £72,100.00 aggregated total £3.605 per Common Share
e)	Date of the transaction	7 March 2022
f)	Place of the transaction	London Stock Exchange (XLON)

ENDS

Media contacts 

Haggie Partners - David Haggie, Caroline Klein 

+44 (0) 207 562 4444  

[email protected]  

Investor relations and other enquiries: 

[email protected]  

About Conduit Re 

Conduit Re is a pure play global reinsurance business based in Bermuda. 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.  

Learn more about Conduit Re: 

Website: https://conduitreinsurance.com/  

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

Twitter: https://twitter.com/Conduit_Re  

Neither the content of the Company's website, nor the content on any website accessible from hyperlinks on its website for any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a regulated information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in Conduit Holdings.  

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END

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