Additional Listing

Beazley PLC

05 August 2024

 

Beazley plc

London, 5 August 2024

Block listing

Beazley plc announces a block listing application has been made for a total of 14,120,000 ordinary shares of five pence each in the capital of the Company to be admitted to the single listing category of the Official List of the Financial Conduct Authority and admitted to trading on the main market of London Stock Exchange plc.

14,120,000 ordinary shares of five pence each will be issued to satisfy the vesting of share awards pursuant to the Company's following schemes:

Scheme	Number of ordinary shares
Beazley plc Long Term Incentive Plan 2016	4,600,000
Beazley plc Save As You Earn Share Option Plan 2016	1,000,000
Beazley plc Long Term Incentive Plan 2022	6,000,000
Beazley plc Save As You Earn Share Option Plan 2022	2,500,000
Beazley plc International Share Incentive Plan 2023	20,000

Admission is expected to become effective on Thursday 8 August 2024.

The shares will be issued fully paid and will rank pari passu in all respects with the existing issued ordinary shares of the Company.

For further information please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America, and Asia. Beazley manages six Lloyd's syndicates and, in 2023, underwrote gross premiums worldwide of $5,601.4million. All Lloyd's syndicates are rated A by A.M. Best.

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states and its subsidiary, Beazley America Insurance Company, Inc. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's, and from 1 January 2024, also from Beazley Excess and Surplus Insurance, Inc.

Beazley's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

Beazley is a market leader in many of its chosen lines, which include Professional Indemnity, Cyber Liability, Property, Marine, Reinsurance, Accident and Life, and Political Risks and Contingency business.

For more information please go to: www.beazley.com

 

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