RNS Number : 0839AConduit Holdings Limited19 May 2023

CHL PDMR RNS

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

("CHL" - LSE ticker: CRE)

Pembroke, Bermuda,19 May 2023

PDMR Notification

CHL today announces that:

a) Neil Eckert, a person discharging managerial responsibility (PDMR), acquired 2,694 common shares;

b) Nicola Eckert, a person closely associated (PCA) with Neil Eckert, acquired 3,131 common shares.

The above transactions all took place on 19 May 2023.

Following these transactions Neil Eckert's beneficial ownership interest (which includes shares held by PCA Nicola Eckert) now stands at 707,387 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

Neil Eckert

2

Reason for the Notification

a)

Position/status

Neil Eckert - 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)

4.9935

Volume(s)

2,694

d)

Aggregated information

Aggregated volume

Price

2,694Common Shares

£13,452.53 aggregated total

£4.9935 per Common Share

e)

Date of the transaction

19 May 2023

f)

Place of the transaction

London Stock Exchange (XLON)

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

Nicola Eckert

2

Reason for the Notification

a)

Position/status

Nicola Eckert - PCA

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)

4.9935

Volume(s)

3,131

d)

Aggregated information

Aggregated volume

Price

3,131common shares

£15,634.70 aggregated total

£4.9935 per common share

e)

Date of the transaction

19 May 2023

f)

Place of the transaction

London Stock Exchange (XLON)

Media contacts

H/Advisors Maitland - Vikki Kosmalska / Alistair de Kare-Silver

+44 (0) 207 379 5151

[email protected]

Investor relations and other enquiries:

[email protected]

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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