Director/PDMR Shareholding

RNS Number : 3352I

Beazley PLC

13 June 2011

 



Beazley plc

Dublin, 13^th June 2011

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

Beazley plc ("the Company") announces that the following PDMR has interests in retention shares that were awarded under the Company's Retention Share Bonus Plan in June 2008.  The following retention shares have now vested and were sold in part on the 10^th of June 2011. 

The average price for the disposal of the ordinary shares of 5 pence each was 1.257p and the shares were received for no consideration.

PDMR	No of shares vested	No of shares sold	No of ordinary shares as at 3rd May 2011	Shareholding as a percentage of the issued ordinary share capital
D G Marock	35,920	18,745	169,241	0.03

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 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

 

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