Director/PDMR Shareholding

RNS Number : 9108R

Beazley PLC

03 March 2023

 

Beazley plc

London, 3 March 2023

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 share awards, which were granted on 11 February 2020 under the Company's Deferred Share Plan. The 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 in respect of 11 February 2020 awards	No of ordinary shares sold in respect of 11 February 2020 awards
A P Cox	45,340	21,385
S M Lake	21,410	10,099

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 share awards under the Beazley plc Deferred Share Plan
c)		Price(s) and volume(s)		Price(s) Volume(s) 0.00p 45,340
d)		Aggregated information - Aggregated volume -Price		n/a n/a
e)		Date of the transaction		2 March 2023
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) 634.9067p 21,385
d)	Aggregated information - Aggregated volume -Price		21,385 £135,774.80
e)	Date of the transaction		2 March 2023
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 share awards under the Beazley plc Deferred Share Plan
c)	Price(s) and volume(s)		Price(s) Volume(s) 0.00p 21,410
d)	Aggregated information - Aggregated volume -Price		n/a n/a
e)	Date of the transaction		2 March 2023
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) 634.9067p 10,099
d)	Aggregated information - Aggregated volume -Price	10,099 £64,119.23
e)	Date of the transaction	2 March 2023
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 seven Lloyd's syndicates and, in 2022, underwrote gross premiums worldwide of $5,268.7million. 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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