Director/PDMR Shareholding

RNS Number : 3925U

Beazley PLC

06 April 2016

 

Beazley plc

Dublin, 6 April 2016

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

Beazley plc ("the company") announces that the following PDMR has exercised and sold nil cost options, which had been awarded on 5 April 2013 under the company's Marine Share Incentive 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 5 April 2016	Shareholding as a percentage of the issued ordinary share capital
CA Washbourn	500,000	500,000	461,346	0.09

The average price for the disposal of the ordinary shares of 5 pence each was 350.50p and the shares were received for no consideration.

Beazley plc was informed of this transaction on 5 April 2016.

The Company further announces that on 6 April 2016, Mrs A Crawford-Ingle purchased 8,200 ordinary shares at a price of 351.90p per share, after which Mrs Crawford-Ingle and her connected person/s were interested in 29,050 ordinary shares, representing approximately 0.01% of the issued share capital of the Company.

Beazley plc was informed of this transaction on 6 April 2016.

These notifications were made in accordance with DTR 3.1.

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 six Lloyd's syndicates and, in 2015, underwrote gross premiums worldwide of $2,080.9 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

 

END

 

 

RDSGMGGDFVFGVZM