Conduit Holdings Limited (CHL) has announced that Trevor Carvey, a person discharging managerial responsibilities, acquired 19,000 common shares on 25th March 2024, bringing his total shareholding ownership interest to 525,035 common shares. The acquisition details, in compliance with the Market Abuse Regulation, include the nature of the transaction, price, volume, and the place of the transaction, which was the London Stock Exchange. Conduit Re, a Bermuda-based reinsurance business, is a subsidiary of Conduit Holdings Limited and 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, with a stable outlook. 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]. For investor relations and other inquiries, contact [email protected]. The company's joint corporate brokers are Panmure Gordon, Berenberg, and Peel Hunt. More information about Conduit Re can be found on their website and LinkedIn page.
This notification provides insight into the recent acquisition of shares by a PDMR and offers an overview of Conduit Holdings Limited and its subsidiary, Conduit Re.