CORRECTION - Beazley plc Employee Benefit Trust

RNS Number : 6101T

Beazley PLC

14 December 2012

 



Beazley plc

Dublin, 14 December 2012

CORRECTION - Beazley plc Employee Benefit Trust

At 13:35 on 14 December 2012, under RNS No 5914T13, Beazley plc announced the purchase of 730,000 ordinary shares of 5p each in the Company on 13 December 2012 at an average price of 1.75p and has purchased a further 3,770,000 ordinary shares of 5p each in the Company on 14 December 2012 at an average price of 1.75p. In that announcement the average price was stated incorrectly. The correct figure is 175p.

The full amended text is shown below.

Beazley plc Employee Benefit Trust

The board of Beazley plc announces that Beazley plc Employee Benefit Trust purchased 730,000ordinary shares of 5p each in the Company on 13 December 2012 at an average price of 175p and has purchased a further 3,770,000 ordinary shares of 5p each in the Company on 14 December 2012 at an average price of 175p.

The Beazley plc Employee Benefit Trust now owns 20,039,258 ordinary shares of 5p each (3.84% of the issued share capital).

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 2011, underwrote gross premiums worldwide of $1,712.5 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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