Declared Dividend • Aug 04
First half dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 13th August 2026 Payment date: 10th September 2026 Dividend yield will be 6.6%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has remained flat since 5 years ago. However, payments have been volatile during that time. EPS is expected to decline by 47% over the next 3 years. However, it would need to fall by 71% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 31
First half 2026 earnings released: EPS: US$0.53 (vs US$0.086 loss in 1H 2025) First half 2026 results: EPS: US$0.53 (up from US$0.086 loss in 1H 2025). Revenue: US$394.6m (down 2.0% from 1H 2025). Net income: US$80.3m (up US$93.8m from 1H 2025). Profit margin: 20% (up from net loss in 1H 2025). The move to profitability was driven by lower expenses. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Insurance industry in Europe are expected to grow by 5.6%. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Duyuru • Jul 29
Conduit Holdings Limited Announces an Interim Dividend on Common Share, Payable on 10 September 2026 Conduit Holdings Limited announced that on 28 July 2026 Conduit's Board of Directors declared an interim dividend of $0.18 (approximately 13 pence) per Common Share, resulting in an aggregate payment of $28.0 million. The dividend will be paid in pounds sterling on 10 September 2026 to shareholders of record on 14 August 2026 (the Record Date) using the GBP:USD spot exchange rate at 12pm UK time on the Record Date. Duyuru • Jul 17
Conduit Holdings Limited to Report First Half, 2026 Results on Jul 29, 2026 Conduit Holdings Limited announced that they will report first half, 2026 results on Jul 29, 2026 Duyuru • Apr 28
Conduit Holdings Limited to Report Q1, 2026 Results on May 13, 2026 Conduit Holdings Limited announced that they will report Q1, 2026 results at 6:00 AM, Coordinated Universal Time on May 13, 2026 Duyuru • Apr 10
Conduit Holdings Limited, Annual General Meeting, May 13, 2026 Conduit Holdings Limited, Annual General Meeting, May 13, 2026. Location: chls offices, ideation house, 94 pitts bay road, pembroke, hm08, Bermuda Duyuru • Mar 28
Conduit Holdings Limited Announces Board and Board Committee Appointments, Effective March 26, 2026 Conduit Holdings Limited announced the appointments of Richard Lightowler, Peter Mullen, and Penny Shaw as Non-Executive Directors with effect from March 26, 2026. Richard and Penny will serve on Conduit's Audit and Remuneration Committees. Peter will serve on Conduit's Remuneration Committee. Richard Lightowler brings extensive leadership and technical expertise from more than three decades in the (re)insurance and professional services industries to his appointment. Richard spent nearly 20 years as a Partner at KPMG Audit Limited in Bermuda, during which time his leadership roles included Head of the Bermuda Insurance Group, membership of the firm's Global Insurance Leadership Team, and Global Lead Partner for large international insurance groups listed in New York and London. Throughout his career, Richard has developed deep experience across audit, capital markets transactions, and merger and acquisition due diligence. He has expertise in regulation, governance, risk management and operating model design. Richard currently serves as a non-executive director of Oakley Capital Investments Limited and Hansa Investment Company Limited. Peter Mullen is a senior insurance executive with over 40 years of experience across (re)insurance and alternative risk management. Peter's distinguished career includes serving as Chief Executive Officer of both Artex Risk Solutions and Aon's Captive and Insurance Management business. A founding member of Artex Risk Solutions, Peter played a central role in building the platform into a global leader in alternative risk and capital. Peter has led complex insurance and alternative market operations across more than 20 jurisdictions and brings deep expertise in marketing, distribution, governance, enterprise risk management, mergers and acquisitions, and operational transformation. Peter currently serves as a non-executive director of Artex Risk Solutions and as an executive committee member of Gallagher Specialty. Penny Shaw is an experienced non-executive director and a qualified actuary with over 30 years of experience across the London Market, US and international commercial (re)insurance markets. She has held several senior executive roles, most recently as Group Chief Risk Officer at Hanover Insurance Group, where she also served as Board Director and Chief Risk Officer of its then subsidiary, Chaucer Group. Prior to this, Penny's roles have included Group Chief Risk Officer at Hiscox Group, Head of Risk at Chubb European Group and Joint Head of Capital at Chubb Group. Penny has extensive experience across actuarial, capital modelling and exposure management disciplines, and in risk, underwriting, compliance, legal and regulatory engagement. Penny currently serves as a non-executive director of AIG UK Limited, Assured Guaranty UK Limited, Assured Guaranty (Europe) SA, Zurich Assurance Ltd, and Catalina Worthing Insurance Limited (Chair). Upcoming Dividend • Mar 12
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 19 March 2026. Payment date: 16 April 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.9%). Duyuru • Mar 12
Conduit Holdings Limited Announces Death of Non-Executive Director Stephen Redmond on March 7, 2026 Conduit Holdings Limited has learned with profound sadness of the death of Stephen Redmond, a Non-Executive Director of the Company. Mr. Redmond died on March 7, 2026. New Risk • Mar 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Feb 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: US$0.75 (vs US$0.80 in FY 2024) Full year 2025 results: EPS: US$0.75 (down from US$0.80 in FY 2024). Revenue: US$820.3m (up 8.6% from FY 2024). Net income: US$116.8m (down 7.0% from FY 2024). Profit margin: 14% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.2% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Duyuru • Feb 16
Conduit Holdings Limited Announces Board Changes Conduit Holdings Limited announced the appointment of Nicholas Shott as Chair of the Board with effect from February 13, 2026. He has also been appointed Chair of the Nomination Committee, succeeding Ken Randall. Nicholas was appointed to the Conduit Holdings Board in November 2025 and has served on the Nomination and Remuneration Committees. Rebecca Shelley will resume her role as Senior Independent Director, also succeeding Ken Randall in that capacity, and will continue to serve as Chair of the Remuneration Committee. Elizabeth Murphy will step down and retire from the Board prior to the 2026 AGM in May as part of normal Board-succession planning, entering her sixth year of service. The recruitment process for her successor has been underway for some time and is nearing conclusion. Duyuru • Jan 30
Conduit Holdings Limited to Report Fiscal Year 2025 Results on Feb 18, 2026 Conduit Holdings Limited announced that they will report fiscal year 2025 results at 7:00 AM, Coordinated Universal Time on Feb 18, 2026 Duyuru • Sep 17
Richard Bernstein Discloses his Views on Conduit Holdings On September 16, 2025, Richard Bernstein announced that a sale of Conduit Holdings Limited is "almost inevitable," urging CEO Neil Eckert to deliver results and consider a sale. Richard Bernstein has taken a small stake in the Company and has broad support from other shareholders for his position. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €3.48, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Insurance industry in Germany. Total returns to shareholders of 8.4% over the past three years. Declared Dividend • Aug 02
First half dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 14th August 2025 Payment date: 11th September 2025 Dividend yield will be 9.4%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is not covered by earnings (404% earnings payout ratio). However, it is well covered by cash flows (16% cash payout ratio). The dividend has remained flat since 4 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 349% to bring the payout ratio under control. EPS is expected to grow by 127% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Jul 31
First half 2025 earnings released: US$0.09 loss per share (vs US$0.62 profit in 1H 2024) First half 2025 results: US$0.09 loss per share (down from US$0.62 profit in 1H 2024). Revenue: US$402.8m (up 13% from 1H 2024). Net loss: US$13.5m (down 114% from profit in 1H 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Duyuru • Jul 31
Conduit Holdings Limited Declares an Interim Dividend , Payable on September 11, 2025 On 29 July 2025 Conduit Holdings Limited declared an interim dividend of $0.18 (approximately 13 pence) per Common Share, resulting in an aggregate payment of $29.7 million. The dividend will be paid in pounds sterling on 11 September 2025 to shareholders of record on 15 August 2025 (the Record Date) using the pound sterling/US dollar spot exchange rate at 12 noon BST on the Record Date. Duyuru • May 14
Conduit Holdings Limited (LSE:CRE) announces an Equity Buyback for $50 million worth of its shares. Conduit Holdings Limited (LSE:CRE) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares. The repurchases will be funded from company's existing cash resources. Duyuru • Apr 22
Conduit Holdings Limited Announces Chief Underwriting Officer Changes Conduit Holdings Limited announced the appointment of Nick Pritchard as interim chief underwriting officer effective April 22, 2025 following the decision by Gregory Roberts to leave Conduit and return to the United Kingdom for personal reasons. Nick joined Conduit in September 2024 and has more than 20 years of industry experience in the Bermuda and London markets, with a background in leading underwriting teams and structuring portfolios of risk and retrocessional programmes. Before joining Conduit, Nick most recently served as Managing Director at Aon Bermuda. Prior to this Nick was responsible for the property catastrophe portfolio at Vantage Risk, following roles earlier in his career at Validus Re and Neon. Nick's appointment is subject to Bermuda immigration approval. Recent Insider Transactions • Apr 14
Insider recently bought €194k worth of stock On the 8th of April, Trevor Carvey bought around 50k shares on-market at roughly €3.88 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €285k. Insiders have collectively bought €1.4m more in shares than they have sold in the last 12 months. Duyuru • Apr 11
Conduit Holdings Limited, Annual General Meeting, May 14, 2025 Conduit Holdings Limited, Annual General Meeting, May 14, 2025. Location: chls offices, 2nd floor, ideation house, 94 pitts bay road, pembroke, hm08, Bermuda Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €3.66, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Insurance industry in Germany. Negligible returns to shareholders over past three years. Declared Dividend • Mar 06
First half dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 20th March 2025 Payment date: 17th April 2025 Dividend yield will be 7.0%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has remained flat since 4 years ago. However, payments have been volatile during that time. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Declared Dividend • Feb 21
First half dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 20th March 2025 Payment date: 17th April 2025 Dividend yield will be 6.5%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has remained flat since 4 years ago. However, payments have been volatile during that time. EPS is expected to grow by 5.7% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Feb 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • Jan 30
Conduit Holdings Limited to Report Fiscal Year 2024 Results on Feb 19, 2025 Conduit Holdings Limited announced that they will report fiscal year 2024 results at 7:00 AM, Coordinated Universal Time on Feb 19, 2025 Duyuru • Jul 31
Conduit Holdings Limited Declares Interim Dividend, Payable on 5 September 2024 On 30 July 2024, Conduit's Board of Directors declared an interim dividend of $0.18 (approximately 14 pence) per common share, resulting in an aggregate payment of $29.7 million. The dividend will be paid in pounds sterling on 5 September 2024 to shareholders of record on 16 August 2024 (the Record Date) using the pound sterling /US dollar spot exchange rate at 12 noon BST on the Record Date. Duyuru • May 22
Conduit Holdings Limited to Report Q2, 2024 Results on Jul 31, 2024 Conduit Holdings Limited announced that they will report Q2, 2024 results on Jul 31, 2024 Duyuru • May 16
Conduit Holdings Limited Announces Directorate Changes Conduit Holdings Limited announced the appointment of Stephen Redmond as a non-executive director with effect from 14 May 2024. Stephen brings extensive insurance and reinsurance experience to the Board. Stephen was Managing Director of Antares Managing Agency Limited, and Active Underwriter of Antares Syndicate 1274. Prior to his career at Lloyd's, Stephen held numerous leadership positions in the London market, at General Accident, Eagle Star, and Württembergische Versicherung AG, where he was Managing Director. Stephen is FCII qualified, and has held the roles of Chairman of The Institute of London Underwriters, and of the Joint Hull Committee. During his career Stephen has also been a member of numerous London Market Committees. Stephen currently serves as a non-executive director of Asta Managing Agency Ltd. where he is a member of the risk, audit, and remuneration committees. As previously reported, Sir. Brian Williamson has now stepped down as a non-executive Director. Sir Brian's departure is in line with CHL's board succession plan. It follows the addition of Rebecca Shelley and Stephen Redmond as non-executive Directors. Rebecca has replaced Sir Brian as Chair of CHL's Remuneration Committee. New Risk • Apr 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Mar 14
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 21 March 2024. Payment date: 24 April 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.1%). Duyuru • Mar 04
Conduit Holdings Limited, Annual General Meeting, May 15, 2024 Conduit Holdings Limited, Annual General Meeting, May 15, 2024. Declared Dividend • Feb 23
Final dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 21st March 2024 Payment date: 24th April 2024 Dividend yield will be 6.0%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has remained flat since 3 years ago. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$1.19 (vs US$0.55 loss in FY 2022) Full year 2023 results: EPS: US$1.19 (up from US$0.55 loss in FY 2022). Revenue: US$221.4m (down 49% from FY 2022). Net income: US$190.8m (up US$280.5m from FY 2022). Profit margin: 86% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €6.05, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 11x in the Insurance industry in Germany. Total returns to shareholders of 20% over the past three years. New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (205% payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Duyuru • Jan 25
Conduit Holdings Limited to Report Fiscal Year 2023 Results on Feb 21, 2024 Conduit Holdings Limited announced that they will report fiscal year 2023 results on Feb 21, 2024 Duyuru • Nov 10
Conduit Holdings Limited Announces Directorate Change Conduit Holdings Limited announced that Dr. Richard Sandor has stepped down as a non-executive Director with immediate effect. This marks Dr. Sandor's completion of a full three year term as a non-executive Director of CHL and is in line with CHL's board succession plan. It follows the recent addition of Rebecca Shelley as a non-executive Director. Recent Insider Transactions • Aug 17
Executive Director & CFO recently bought €116k worth of stock On the 14th of August, Elaine Whelan bought around 21k shares on-market at roughly €5.55 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Elaine has been a buyer over the last 12 months, purchasing a net total of €230k worth in shares. Upcoming Dividend • Aug 10
Upcoming dividend of US$0.18 per share at 5.9% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.3%). Reported Earnings • Jul 28
First half 2023 earnings released: EPS: US$0.49 (vs US$0.37 loss in 1H 2022) First half 2023 results: EPS: US$0.49 (up from US$0.37 loss in 1H 2022). Revenue: US$255.3m (up 60% from 1H 2022). Net income: US$78.6m (up US$140.0m from 1H 2022). Profit margin: 31% (up from net loss in 1H 2022). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Insurance industry in Germany. Duyuru • Jul 27
Conduit Holdings Limited Declares an Interim Dividend, Payable on September 8, 2023 Conduit Holdings Limited announced that on 25 July 2023, Board of Directors declared an interim dividend of $0.18 (approximately 14 pence) per common share, resulting in an aggregate payment of $29.7 million. The dividend will be paid in pounds sterling on 8 September 2023 to shareholders of record on 18 August 2023 (the "Record Date") using the pound sterling /US dollar spot exchange rate at 12 noon BST on the Record Date. Recent Insider Transactions • May 22
Executive Director & CEO recently bought €70k worth of stock On the 18th of May, Trevor Carvey bought around 12k shares on-market at roughly €5.80 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Trevor has been a buyer over the last 12 months, purchasing a net total of €478k worth in shares. Recent Insider Transactions • Apr 01
Executive Director & CEO recently bought €55k worth of stock On the 30th of March, Trevor Carvey bought around 10k shares on-market at roughly €5.52 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €57k. Trevor has been a buyer over the last 12 months, purchasing a net total of €408k worth in shares. Upcoming Dividend • Mar 16
Upcoming dividend of US$0.18 per share at 6.2% yield Eligible shareholders must have bought the stock before 23 March 2023. Payment date: 21 April 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.6%). Recent Insider Transactions • Mar 10
Executive Director & CEO recently bought €57k worth of stock On the 7th of March, Trevor Carvey bought around 10k shares on-market at roughly €5.68 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Trevor has been a buyer over the last 12 months, purchasing a net total of €532k worth in shares. Reported Earnings • Feb 23
Full year 2022 earnings released: US$0.55 loss per share (vs US$0.25 loss in FY 2021) Full year 2022 results: US$0.55 loss per share (further deteriorated from US$0.25 loss in FY 2021). Revenue: US$429.5m (up 125% from FY 2021). Net loss: US$89.7m (loss widened 114% from FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Insurance industry in Germany. Board Change • Dec 31
High number of new and inexperienced directors There are 9 new directors who have joined the board in the last 3 years. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. Executive Chairman Neil Eckert is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Aug 11
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 09 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (5.2%). Breakeven Date Change • Jul 28
Forecast breakeven date pushed back to 2023 The 6 analysts covering Conduit Holdings previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 84% to 2022. The company is expected to make a profit of US$130.2m in 2023. Average annual earnings growth of 50% is required to achieve expected profit on schedule. Duyuru • Jul 28
Conduit Holdings Limited Declares an Interim Payable on 9 September 2022 On 26 July 2022 the Group's Board of Directors of Conduit Holdings Limited declared an interim dividend of $0.18 (approximately 15 pence) per common share, resulting in an aggregate payment of $29.6 million. The dividend will be paid in pounds sterling on 9 September 2022 to shareholders of record on 19 August 2022 (the "Record Date") using the pound sterling /US dollar spot exchange rate at 12 noon BST on the Record Date. Duyuru • Jul 21
Conduit Holdings Limited to Report First Half, 2022 Results on Jul 27, 2022 Conduit Holdings Limited announced that they will report first half, 2022 results on Jul 27, 2022 Recent Insider Transactions • Jun 09
Executive Director & CEO recently bought €112k worth of stock On the 6th of June, Trevor Carvey bought around 28k shares on-market at roughly €4.08 per share. In the last 3 months, they made an even bigger purchase worth €179k. Trevor has been a buyer over the last 12 months, purchasing a net total of €291k worth in shares. Reported Earnings • Apr 02
Full year 2021 earnings released: US$0.25 loss per share (vs US$0.11 loss in FY 2020) Full year 2021 results: US$0.25 loss per share (down from US$0.11 loss in FY 2020). Revenue: US$191.1m (up US$190.7m from FY 2020). Net loss: US$42.0m (loss widened 128% from FY 2020). Combined ratio: 119.4% (up from in FY 2020). Over the next year, revenue is forecast to grow 145%, compared to a 20% growth forecast for the insurance industry in Germany. Recent Insider Transactions • Mar 22
Executive Director & CEO recently bought €179k worth of stock On the 15th of March, Trevor Carvey bought around 42k shares on-market at roughly €4.30 per share. This was the largest purchase by an insider in the last 3 months. This was Trevor's only on-market trade for the last 12 months. Recent Insider Transactions • Mar 18
Executive Chairman recently bought €59k worth of stock On the 10th of March, Neil Eckert bought around 14k shares on-market at roughly €4.29 per share. In the last 3 months, there was an even bigger purchase from another insider worth €120k. Neil has been a buyer over the last 12 months, purchasing a net total of €157k worth in shares. Upcoming Dividend • Mar 17
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 22 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 7.7%. Within top quartile of German dividend payers (3.6%). Higher than average of industry peers (4.5%). Recent Insider Transactions • Mar 09
Executive Director & CFO recently bought €120k worth of stock On the 4th of March, Elaine Whelan bought around 27k shares on-market at roughly €4.49 per share. This was the largest purchase by an insider in the last 3 months. Elaine has been a buyer over the last 12 months, purchasing a net total of €352k worth in shares. Duyuru • Feb 25
Conduit Holdings Limited Declares Final Dividend, Payable on 22 April 2022 Conduit Holdings Limited announced that on 23 February 2022 the Group's Board of Directors declared a final dividend of US$0.18 (approximately 13 pence) per common share, resulting in an aggregate payment of $29.7 million. The dividend will be paid in pounds sterling on 22 April 2022 to shareholders of record on 25 March 2022 using the pound sterling /US dollar spot exchange rate at 12 noon BST on the Record Date. Duyuru • Feb 16
Conduit Holdings Limited Appoints Greg Roberts as Group Chief Underwriting Officer Conduit Holdings Limited announced the appointment of Greg Roberts as Group Chief Underwriting Officer. Greg takes over this role from Trevor Carvey, the Group Chief Executive Officer and the current Group Chief Underwriting Officer, with effect from 1 March 2022, when he will also join the Executive Committee. Greg joined Conduit prior to the IPO in 2020 to lead Conduit's property underwriting. Greg brings 20 years' underwriting experience to Conduit. He spent 18 years of his career at MS Amlin, where he held a number of roles including Leading Class Underwriter and Head of Reinsurance Catastrophe Modelling. Most recently he was Head of North American Property Treaty, London for MS Amlin. In 2018 Greg joined Am Trust Re, where he established and ran the property reinsurance division until the sale of syndicate 1861 in 2019. Greg will report to, and continue to work closely with, Trevor. The appointment is subject to Bermuda immigration approval. Breakeven Date Change • Dec 10
Forecast breakeven date pushed back to 2022 The 5 analysts covering Conduit Holdings previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 62% to 2021. The company is expected to make a profit of US$97.3m in 2022. Average annual earnings growth of 42% is required to achieve expected profit on schedule. Recent Insider Transactions • Dec 05
Executive Director & CFO recently bought €117k worth of stock On the 26th of November, Elaine Whelan bought around 24k shares on-market at roughly €4.87 per share. In the last 3 months, there was an even bigger purchase from another insider worth €358k. Elaine has been a buyer over the last 12 months, purchasing a net total of €345k worth in shares. Recent Insider Transactions • Dec 05
Executive Director & CFO recently bought €117k worth of stock On the 26th of November, Elaine Whelan bought around 24k shares on-market at roughly €4.87 per share. In the last 3 months, there was an even bigger purchase from another insider worth €358k. Elaine has been a buyer over the last 12 months, purchasing a net total of €345k worth in shares. Recent Insider Transactions • Nov 05
Executive Director & CFO recently bought €115k worth of stock On the 3rd of November, Elaine Whelan bought around 22k shares on-market at roughly €5.24 per share. This was the largest purchase by an insider in the last 3 months. Elaine has been a buyer over the last 12 months, purchasing a net total of €228k worth in shares. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The 4 analysts covering Conduit Holdings expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$21.7m in 2021. Earnings growth of 42% is required to achieve expected profit on schedule. 
