Director/PDMR Shareholding

RNS Number : 4610Q

Beazley PLC

03 August 2010

 



Beazley plc

Dublin, 3^rd August 2010

Vesting of Share Incentives for Directors and other Persons Discharging Managerial Responsibilities (together "PDMRs")

Beazley plc ("the Company") announces that the following PDMR has interests in deferred shares that were awarded under the Company's Deferred Plan in July 2007.  These deferred shares have now vested and were transacted as set out in the table below.

The average price for the disposal of the ordinary shares of 5 pence each was 120.70p and the shares were received for no consideration.

PDMR	No of shares vested	No of shares sold	No of ordinary shares as at 2nd  August 2010	Shareholding as a percentage of the issued ordinary share capital
DG Marock	50,602	25,899	111,589	0.02%

Beazley plc was informed of this transaction on 2nd August 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

 

END

 

 

RDSKMGGRFFDGGZM