Conduit Holdings Limited (CHL) has announced that Trevor Carvey, an executive director and person discharging managerial responsibilities (PDMR) in the company, has acquired 10,000 common shares on 22 September 2023. This brings Carvey's total shareholding ownership interest to 442,709 common shares. The transaction was made in accordance with the requirements of the Market Abuse Regulation (EU) 596/2014. The common shares have a par value of $0.01 and are identified by the ISIN BMG243851091 and SEDOL BN133N2. The acquisition price was £4.624 per share, resulting in an aggregated total of £46,240.
Conduit Re, a Bermuda-based reinsurance business and subsidiary of Conduit Holdings Limited, holds a Class 4 insurer license from the Bermuda Monetary Authority. A.M. Best has assigned Conduit Reinsurance Limited a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent), with a stable outlook. Conduit Holdings Limited is listed on the London Stock Exchange under the ticker symbol CRE.
For media inquiries, H/Advisors Maitland can be contacted at +44 (0) 207 379 5151 or [email protected]. For investor relations and other inquiries, contact [email protected]. The company's joint corporate brokers are Panmure Gordon (UK) Limited, Berenberg, and Peel Hunt.
Conduit Re's website is available at https://conduitreinsurance.com/.