An update from Conduit Holdings Ltd ( (GB:CRE) ) is now available.
Conduit Holdings Limited announced the vesting of common shares for Elaine Whelan, a person discharging managerial responsibilities, as part of deferred share bonus awards from 2021, 2022, and 2023. This transaction resulted in Whelan acquiring 96,156 common shares, increasing her total shareholding to 419,341 shares. The vesting of these shares reflects the company’s ongoing commitment to rewarding its key personnel, potentially impacting stakeholder perceptions and reinforcing its market position.
More about Conduit Holdings Ltd
Conduit Re is a Bermuda-based reinsurance business with a global reach, operating as a pure-play reinsurance company. It is licensed by the Bermuda Monetary Authority as a Class 4 insurer and 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 the parent company of Conduit Reinsurance Limited and 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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