Director/PDMR Shareholding
Conduit Holdings Limited announced that Neil Eckert, a person discharging managerial responsibilities, was granted a conditional award of 432,778 common shares under the Conduit Long Term Incentive Plan on April 10, 2026, with a nil pence per share price, vesting on the third anniversary subject to conditions. This award is in addition to Mr. Eckert's existing beneficial ownership of 913,253 common shares.
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PDMR Notification
Grant of LTIP Award
Conduit Holdings, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, today announces that the following conditional award over common shares of $0.01 par value each in Conduit ("Common Shares") were granted under the Conduit Long Term Incentive Plan ("LTIP") to the following person discharging managerial responsibilities in Conduit ("PDMR"):
- Neil Eckert, PDMR, has been awarded 432,778 Common Shares as a Performance Share Award.
The award was granted on 10 April 2026 as a conditional award and will ordinarily vest on the third anniversary of the grant date, subject to continued employment and to the satisfaction of performance and other conditions in accordance with the rules of the LTIP and the Remuneration Policy approved at Conduit's 2024 AGM, and as disclosed in the Remuneration Report set out in Conduit's Annual Report & Accounts.
PDMR's beneficial ownership interest
Neil Eckert's beneficial ownership interest stands at 913,253 Common Shares excluding the unvested shares which are the subject of the LTIP Award specified in this announcement.
PDMR Notification of Dealing Form
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details of the transaction.
| a) | Name | Neil Eckert |
| 2 | Reason for the Notification | |
| a) | Position/status | Neil Eckert - PDMR |
| b) | Initial notification/amendment | Initial notification |
| a) | Name | Conduit Holdings Limited |
| b) | LEI | 21380085AE62D1BXSF19 |
| a) | Description of the Financial instrument, type of instrument | Common Shares of $0.01 par value |
| Identification code | ISIN BMG243851091 SEDOL BN133N2 | |
| b) | Nature of the Transaction | Grant of a conditional award over Common Shares under the Rules of the Conduit Holdings Limited Long Term Incentive Plan with a price of nil pence per share. |
| c) | Price(s) and volume(s) | Price(s) Nil Volume(s) 432,778 |
| d) | Aggregated information Aggregated volume Price | Not applicable (single transaction) |
| e) | Date of the transaction | 10 April 2026 |
| f) | Place of the transaction | Outside a trading venue |
LinkedIn: https://www.linkedin.com/company/conduit-re
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.