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Conduit Holdings Announces Share Vesting for Key Executive

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Conduit Holdings Announces Share Vesting for Key Executive

Conduit Holdings Ltd ( (GB:CRE) ) just unveiled an update.

Conduit Holdings Limited announced the vesting of common shares for Gregory Roberts, a person discharging managerial responsibilities, as part of deferred share bonus awards from 2021, 2022, and 2023. Roberts acquired a total of 93,724 common shares, increasing his total shareholding to 168,286 shares. This transaction reflects the company’s ongoing commitment to rewarding its key personnel and may influence investor perceptions of the company’s internal management incentives.

More about Conduit Holdings Ltd

Conduit Re is a Bermuda-based reinsurance company with a global presence, operating as a pure-play reinsurer. It is licensed by the Bermuda Monetary Authority as a Class 4 insurer and holds an A- (Excellent) Financial Strength Rating from A.M. Best. Conduit Holdings Limited, the parent company of Conduit Reinsurance Limited, is publicly traded on the London Stock Exchange under the ticker CRE.

YTD Price Performance: -21.06%

Average Trading Volume: 509,416

Technical Sentiment Signal: Buy

Current Market Cap: £578.3M

Find detailed analytics on CRE stock on TipRanks’ Stock Analysis page.

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