Director/PDMR Shareholding

RNS Number : 4787P

Beazley PLC

17 February 2021

 

Beazley plc

London, 17 February 2021

Notification of transactions by Persons Discharging Managerial Responsibilities/ persons closely associated

Following the vesting of the deferred share awards granted on 13 February 2018 and the exercising of nil cost options under the Long Term Incentive Plan awarded on 9 February 2016, Beazley plc announces the following transactions which took place as part of a transfer of shares to a person closely associated to Andrew Horton.  

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

The information contained in this notification is disclosed in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.  

1	Details of the person discharging managerial responsibilities / persons 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	Transfer of shares to spouse, Sophie Horton, from the vesting of shares under the Beazley plc Deferred Share Plan, for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00p 16,232
d)	Aggregated information -  Aggregated volume -  Price	16,232 n/a
e)	Date of the transaction	15 February 2021
f)	Place of the transaction	Transfer 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	Transfer of shares to spouse, Sophie Horton, acquired from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan, for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00p 8,739
d)	Aggregated information -  Aggregated volume -  Price	8,739 n/a
e)	Date of the transaction	9 February 2021
f)	Place of the transaction	Transfer of the shares occurred outside a trading venue

1	Details of the person discharging managerial responsibilities / persons closely associated
a)	Name	Sophie Horton
2	Reason for the notification
a)	Position/status	Person closely associated to Andrew Horton
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	Transfer of shares from spouse, Andrew Horton, from the vesting of shares under the Beazley plc Deferred Share Plan, for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00p 16,232
d)	Aggregated information -  Aggregated volume -  Price	16,232 n/a
e)	Date of the transaction	15 February 2021
f)	Place of the transaction	Transfer 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	Transfer of shares from spouse, Andrew Horton, acquired from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan, for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00p 8,739
d)	Aggregated information -  Aggregated volume -  Price	8,739 n/a
e)	Date of the transaction	9 February 2021
f)	Place of the transaction	Transfer of the shares occurred outside a trading venue

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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