Conduit Holdings Limited (CHL) has announced that Trevor Carvey, an executive director and person discharging managerial responsibilities (PDMR) in the company, has acquired 15,000 common shares. This brings Carvey's total shareholding ownership interest to 417,709 common shares. The transaction was made in accordance with the requirements of the Market Abuse Regulation (EU) 596/2014. The shares were acquired at various prices ranging from £4.745 to £4.765 per share, with an average price of £4.756 per share. The total aggregated volume of the transaction was 15,000 shares, with an aggregated total value of £71,340.
Conduit Holdings Limited is the ultimate parent company of Conduit Reinsurance Limited, a Bermuda-based reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer and has been assigned a Financial Strength Rating of A- (Excellent) by A.M. Best. Conduit Holdings Limited is listed on the London Stock Exchange under the ticker symbol CRE.
For media contacts, H/Advisors Maitland can be reached at +44 (0) 207 379 5151 or via email at [email protected]. Investor relations and other enquiries can be directed to [email protected]. The company's joint corporate brokers are Panmure Gordon (UK) Limited, Berenberg, and Peel Hunt.
References to "Conduit" in the announcement include Conduit Holdings Limited and all of its subsidiary companies. More information about Conduit Re can be found on their website at https://conduitreinsurance.com/.