Conduit Holdings Limited (CHL) has announced the vesting of shares for Trevor Carvey, a person discharging managerial responsibilities. This includes the second tranche of the deferred share bonus award related to the 2021 annual bonus and the first tranche related to the 2022 annual bonus. As a result, Trevor Carvey acquired a total of 63,326 common shares, bringing his current shareholding ownership interest to 506,035 common shares.
The notification provides detailed information about the transactions, including the type of instrument, nature of the transaction, price, volume, aggregated information, date, and place of the transaction. The acquisition of common shares following the vesting of the deferred share bonus awards was conducted outside of the trading venue on 25 March 2024.
Conduit Re, a Bermuda-based reinsurance business with global reach, is a subsidiary of Conduit Holdings Limited. It 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 (ticker: CRE).
For media contacts, H/Advisors Maitland can be reached at +44 (0) 207 379 5151 or via email at [email protected]. For investor relations and other enquiries, contact [email protected]. The company's joint corporate brokers are Panmure Gordon, Berenberg, and Peel Hunt.
For more information about Conduit Re, visit their website at https://conduitreinsurance.com/ or their LinkedIn page at https://www.linkedin.com/company/conduit-re.