Conduit Holdings Ltd ( (GB:CRE) ) has shared an announcement.
Conduit Holdings Limited announced the grant of a Long Term Incentive Plan (LTIP) award to Elaine Whelan, a person discharging managerial responsibilities, consisting of 362,267 common shares. The award is contingent on performance conditions related to growth in net asset value per share and total shareholder return, with vesting occurring over a three-year period. This initiative underscores Conduit’s commitment to aligning managerial incentives with shareholder value creation, potentially impacting its operational focus and stakeholder interests.
More about Conduit Holdings Ltd
Conduit Holdings Limited is the parent company of Conduit Re, a Bermuda-based reinsurance business with a global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer and holds a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) from A.M. Best. The company is listed 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
For an in-depth examination of CRE stock, go to TipRanks’ Stock Analysis page.