Beazley plc
Director/PDMR shareholding
Dublin, 24 February 2010
Grant of Share Incentives to Directors and other Persons Discharging Managerial Responsibilities (together "PDMRs")
This notification is made in accordance with DTR 3.1.4(1)(a)
Beazley plc announces that the following grants of deferred share bonus awards under the Beazley plc Deferred Share Plan were made to the under mentioned PDMRs on 23rd February 2010.
PDMR
|
Scheme
|
No. of ordinary shares of 5 pence each over which awards were granted
|
N H Furlonge
|
Deferred Share Plan
|
93,284
|
J G Gray
|
Deferred Share Plan
|
116,604
|
D A Horton
|
Deferred Share Plan
|
233,209
|
N P Maidment
|
Deferred Share Plan
|
186,567
|
C A Washbourn
|
Deferred Share Plan
|
233,209
|
M L Bride
|
Deferred Share Plan
|
93,284
|
A P Cox
|
Deferred Share Plan
|
139,925
|
D G Marock
|
Deferred Share Plan
|
93,284
|
In all cases there was no consideration for the grant of the awards. Awards will normally vest on the third anniversary of the date of grant subject to continued employment.
Beazley plc was informed of these transactions on 23rd February 2010.
For further information, please contact:
Beazley plc
Sian Coope
+353 (0)1 854 4700
Note to editors:
Beazley plc (BEZ.L), is the parent company of global, specialist insurance businesses with operations in the UK, US, France, Germany, Ireland, Singapore, Hong Kong and Australia. Beazley manages four Lloyd's syndicates: Syndicate 2623 and Syndicate 623 underwrite a
broad range of insurance and reinsurance business worldwide; Syndicate 3623 focuses
on accident and health business; and 3622 is a dedicated life syndicate. In 2008, Beazley underwrote gross premiums of £875.7 million. All Lloyd's syndicates are rated A by A.M. Best.
In the US, Beazley's underwriters focus on writing specialist insurance products in the admitted market, backed by Beazley Insurance Company, Inc., an admitted carrier in all 50 states; and surplus lines risks, backed by the Beazley syndicates at Lloyd's. Beazley Insurance Company, Inc. is rated A by A.M. Best.
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