Conduit Holdings Ltd ( (GB:CRE) ) just unveiled an update.
Conduit Holdings Limited announced the vesting of common shares for Stuart Quinlan, a person discharging managerial responsibilities, as part of deferred share bonus awards from 2021, 2022, and 2023. Quinlan acquired a total of 90,252 Common Shares, increasing his total shareholding to 284,343. This transaction reflects the company’s ongoing commitment to rewarding key personnel, potentially impacting stakeholder perceptions and reinforcing Conduit’s market position.
More about Conduit Holdings Ltd
Conduit Re is a Bermuda-based reinsurance company with a global reach, operating as a pure-play reinsurance business. It is licensed by the Bermuda Monetary Authority as a Class 4 insurer and has received a Financial Strength Rating of A- (Excellent) from A.M. Best. Conduit Holdings Limited, the ultimate parent of Conduit Reinsurance Limited, is listed on the London Stock Exchange.
YTD Price Performance: -21.06%
Average Trading Volume: 509,416
Technical Sentiment Signal: Buy
Current Market Cap: £578.3M
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