Director/PDMR Shareholding

RNS Number : 1540K
Beazley PLC
25 July 2013
 



Beazley plc

Dublin, 25 July 2013

Director / PDMR shareholdings

 

Beazley plc ("the Company") announces that on 24 July 2013,

Mrs Angela Crawford-Ingle purchased 13,500 ordinary shares in the Company at a price of 220.7p per share.

 

Consequent to that transaction, Mrs Crawford-Ingle and her connected persons held 13,500 ordinary shares, representing approximately 0.002% of the issued share capital of the Company.

 

The Company further announces that on 24 July 2013, the following PDMR exercised and sold nil cost options which had been awarded on 18 February 2010 under the company's LTIP, and which were available to be exercised.

 

The average price for the disposal of the ordinary shares of 5 pence each was 227.50p and the shares were received for no consideration.

 

 

PDMR

No of nil cost options exercised

No of Shares Sold

Option Cost

No of ordinary shares as at 24 July 2013

Shareholding as a percentage of the issued ordinary share capital

C A Washbourn

177,145

83,551

NIL

610,331

 

0.12%

 

 

Beazley plc was informed of both transactions on 24 July 2013.

 

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 2012, underwrote gross premiums worldwide of $1,895.9 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


This information is provided by RNS
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