Director/PDMR Shareholding

RNS Number : 0463F

Beazley PLC

16 February 2015

 



Beazley plc

Director shareholding

Dublin, 16^th February 2015

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, which had been awarded on 13 February 2012 under the company's Deferred Plan. These deferred shares have now vested under the plan and were transacted as set out below.

Director	No of Deferred shares vested	No of Deferred shares sold	No of ordinary shares as at 13 February 2015	Shareholding as a percentage of the issued ordinary share capital
ML Bride	12,181	12,181	350,000	0.07
AP Cox	12,181	5,643	664,770	0.13
DA Horton	16,918	7,980	1,589,025	0.30
NP Maidment	13,534	13,534	2,907,523	0.56
CA Washbourn	13,534	6,384	453,246	0.09

The average price for the disposal of the ordinary shares of 5 pence each was 293.50p and the shares were received for no consideration.

The Company further announces that on 13 February 2015, Mr ML Bride sold 7,100 ordinary shares and his spouse Mrs Claude Bride sold 7,100 ordinary shares at a price of 293.25p per share, after which Mr Bride and his connected person/s were interested in 335,800 ordinary shares, representing approximately 0.06% of the issued share capital of the Company.

These notifications were made in accordance with DTR 3.1.

Beazley plc was informed of these transactions on 13 February 2015.

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, Latin America, Asia, Middle East and Australia. Beazley manages five Lloyd's syndicates and, in 2014, underwrote gross premiums worldwide of $2,021.8 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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