Beazley plc
Dublin, 30 April 2012
Vesting of Share Incentives/Options for Directors and other Persons Discharging Managerial Responsibilities (together "PDMRs")
Beazley plc ("the Company") announces that on 27 April 2012 the following PDMR exercised Conditional Share Awards, which had been awarded on 27 April 2009, and which were available to be exercised.
The average price for the disposal of the ordinary shares of 5 pence each was 139.10p.
PDMR |
No of Conditional Share Awards vested |
No of shares sold |
No of ordinary shares as at 27 April 2012 |
Shareholding as a percentage of the issued ordinary share capital |
ML Bride |
237,500 |
123,935 |
340,875 |
0.07% |
Beazley plc was informed of this transaction on 27 April 2012.
This notification is made in accordance with DTR 3.1.
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 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