Conduit Holdings Ltd (GB:CRE) has released an update.
Conduit Holdings Limited, the Bermuda-based parent company of Conduit Re, has announced that its Employee Benefit Trust has acquired 150,000 shares at £5.3897 each to fulfill employee share scheme awards. The purchase, transacted by Panmure Gordon (UK) Limited on the London Stock Exchange, increases the Trust’s total shareholding to 4.976% of the company’s voting rights, with the Trust abstaining from voting unless directed by CHL. This move highlights Conduit’s commitment to its employees and marks a significant investment by the Trust in the company’s future.
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