Amended Text Announcement

RNS Number : 3222L

Beazley PLC

04 May 2010

 



Beazley plc

Dublin, 4^th May 2010

"GENERAL TEXT AMENDMENT"

The following amendment has been made to the "Exercise of Share Incentives for Directors'' announcement released  on 26^th March 2010 at 08.55 under RNS No 2430J.

The total number of Clive Washbourn's beneficial shareholding in the company was incorrect.  The correct amount was 423,814 and the full amended text is now shown below.

Exercise of Share Incentives for Directors

Beazley plc ("the Company") announces that on 24^th March 2010 Clive Washbourn exercised 274,941 LTIPs and sold 134,312 ordinary shares at 107.80p.  Clive Washbourn also exercised 24,348 ESOS options at a cost of £21,908.33 and sold 22,361 ordinary shares at 107.80p.  His total beneficial holding is now 423,814 ordinary shares (0.08% of the issued share capital).

Beazley Plc was informed of these transactions on 24^th March 2010.

For further information, please contact:

Beazley plc
Sian Coope

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia.  Beazley manages five Lloyd's syndicates and, in 2009, underwrote gross premiums worldwide of £1,115.5 million.  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.  In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, 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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