Beazley plc
Dublin, 26th April 2011
Vesting of Share Incentives/Options for Directors and other Persons Discharging Managerial Responsibilities (together "PDMRs")
Beazley plc ("the Company") announces that the following PDMRs have interests in deferred shares that were awarded under the Company's Retention Share Bonus Plan in March 2006. All of the retention shares have now vested and were sold in whole or in part on the 21st April 2011.
The average price for the disposal of the ordinary shares of 5 pence each was 1.304094p and the shares were received for no consideration.
PDMR |
No of shares vested |
No of shares sold |
No of ordinary shares as at 3rd March 2011 |
Shareholding as a percentage of the issued ordinary share capital |
N H Furlonge |
24,635 |
24,635 |
1,689,651
|
0.33
|
J G Gray |
47,104 |
24,581 |
1,259,549
|
0.24
|
D A Horton |
41,057 |
21,425 |
1,061,069
|
0.20
|
N P Maidment |
31,782 |
16,585
|
3,543,257
|
0.68
|
C A Washbourn |
41,848
|
41,848
|
378,852
|
0.07
|
A P Cox |
18,002 |
9,394 |
298,877
|
0.06
|
D G Marock |
9,001 |
4,704 |
152,066
|
0.03
|
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 specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2010, underwrote gross premiums worldwide of $1,741.6 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