Conduit Holdings Limited has announced that Trevor Carvey, a person discharging managerial responsibilities, acquired 18,000 common shares on May 17, 2024. This transaction has increased Trevor's total current shareholding ownership interest to 565,557 common shares. The acquisition was made at a price of £5.24 per common share, totaling £94,320. The transaction took place on the London Stock Exchange's regulated market.
Conduit Re, a Bermuda-based reinsurance business with global reach, is a subsidiary of Conduit Holdings Limited. Conduit Reinsurance Limited, licensed by the Bermuda Monetary Authority as a Class 4 insurer, has been assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) by A.M. Best, 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 [email protected]. For investor relations and other inquiries, contact [email protected]. Conduit Holdings Limited's joint corporate brokers are Panmure Gordon, Berenberg, and Peel Hunt.
For more information about Conduit Re, visit their website at https://conduitreinsurance.com/.