Conduit Holdings Ltd ( (GB:CRE) ) just unveiled an update.
Conduit Holdings Limited announced the vesting of common shares for Trevor Carvey, a key managerial figure, as part of deferred share bonus awards from 2021, 2022, and 2023. This transaction resulted in Carvey acquiring 128,604 shares, increasing his total shareholding to 764,161. This move reflects the company’s ongoing commitment to rewarding its leadership, potentially impacting its market perception and stakeholder confidence.
More about Conduit Holdings Ltd
Conduit Re is a Bermuda-based reinsurance company with a global reach, operating as a pure-play reinsurer. It is licensed as a Class 4 insurer by the Bermuda Monetary Authority and holds an A- (Excellent) Financial Strength Rating from A.M. Best. Conduit Holdings Limited, the parent company, 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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