Beazley plc
Director shareholding
Dublin, 31st March 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 exercised and sold nil cost options, which had been awarded on 30 March 2012 under the company's LTIP plan, and which were available to be exercised.
Director |
No of nil cost options exercised |
No of nil cost options Sold |
No of ordinary shares as at 30 March 2015 |
Shareholding as a percentage of the issued ordinary share capital |
ML Bride |
141,184 |
141,184 |
335,800 |
0.06 |
AP Cox |
141,184 |
141,184 |
758,076 |
0.15 |
DA Horton |
292,826 |
292,826 |
1,589,025 |
0.30 |
NP Maidment |
164,714 |
164,714 |
2,907,523 |
0.56 |
CA Washbourn |
164,714 |
164,714 |
453,246 |
0.09 |
The average price for the disposal of the ordinary shares of 5 pence each was 289.69p and the shares were received for no consideration.
These notifications were made in accordance with DTR 3.1.
Beazley plc was informed of these transactions on 30 March 2015.
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, 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