Director/PDMR Shareholding

RNS Number : 4774P

Beazley PLC

17 February 2021

 

Beazley plc

London 17 February 2021

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

Beazley plc announces that the following PDMRs have interests in deferred share awards, which were granted on 13 February 2018 under the Company's Deferred Share Plan. These deferred shares have vested as set out below. The details of the resulting share dealing transactions are also set out below.

Director	No of Deferred share awards vested	No of ordinary shares sold in respect of 13 February 2018 awards
AP Cox	27,108	12,786
DA Horton	30,723	14,491
SM Lake	3,975	1,877

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation (No. 596/2014).

Notification of transactions of persons discharging managerial responsibility or connected persons

1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name			Adrian Cox
2		Reason for the notification
a)		Position/status			Director
b)		Initial notification/amendment			Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name			Beazley plc
b)		LEI			213800VTOMUWD41GIT12
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code		Ordinary shares of 5 pence each GB00BYQ0JC66
b)		Nature of the transaction		Vesting of shares under the Beazley plc Deferred Share Plan
c)		Price(s) and volume(s)		Price(s) Volume(s) 0.00p 27,108
d)		Aggregated information - Aggregated volume -Price		n/a n/a
e)		Date of the transaction		15 February 2021
f)		Place of the transaction		Vesting of the shares occurred outside a trading venue
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 5 pence each GB00BYQ0JC66
b)	Nature of the transaction		Sale of shares from the vesting of shares under the Beazley plc Deferred Share Plan
c)	Price(s) and volume(s)		Price(s) Volume(s) 360.4705p 12,786
d)	Aggregated information - Aggregated volume -Price		12,786 £46,089.76
e)	Date of the transaction		15 February 2021
f)	Place of the transaction		London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Andrew Horton
2	Reason for the notification
a)	Position/status			Director
b)	Initial notification/amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Beazley plc
b)	LEI			213800VTOMUWD41GIT12
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 5 pence each GB00BYQ0JC66
b)	Nature of the transaction		Vesting of shares under the Beazley plc Deferred Share Plan
c)	Price(s) and volume(s)		Price(s) Volume(s) 0.00p 30,723
d)	Aggregated information - Aggregated volume -Price		n/a n/a
e)	Date of the transaction		15 February 2021
f)	Place of the transaction		Vesting of the shares occurred outside a trading venue
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BYQ0JC66
b)	Nature of the transaction	Sale of shares from the vesting of shares under the Beazley plc Deferred Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 360.4705p 14,491
d)	Aggregated information - Aggregated volume -Price	14,491 £52,235.78
e)	Date of the transaction	15 February 2021
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Sally Lake
2	Reason for the notification
a)	Position/status			Director
b)	Initial notification/amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Beazley plc
b)	LEI			213800VTOMUWD41GIT12
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 5 pence each GB00BYQ0JC66
b)	Nature of the transaction		Vesting of shares under the Beazley plc Deferred Share Plan
c)	Price(s) and volume(s)		Price(s) Volume(s) 0.00p 3,975
d)	Aggregated information - Aggregated volume -Price		n/a n/a
e)	Date of the transaction		15 February 2021
f)	Place of the transaction		Vesting of the shares occurred outside a trading venue
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BYQ0JC66
b)	Nature of the transaction	Sale of shares from the vesting of shares under the Beazley plc Deferred Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 360.4705p 1,877
d)	Aggregated information - Aggregated volume -Price	1,877 £6,766.03
e)	Date of the transaction	15 February 2021
f)	Place of the transaction	London Stock Exchange (XLON)

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America and Asia. Beazley manages six Lloyd's syndicates and, in 2020, underwrote gross premiums worldwide of $3,563.8 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's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber liability, 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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