Director/PDMR Shareholding

RNS Number : 0546K

Beazley PLC

16 December 2022

 

Beazley plc

London, 16 December 2022

Exercise of SAYE Options for Directors

Beazley plc announces that the following Directors have exercised the option to purchase ordinary shares under the 2019 Save As You Earn Scheme:

Director	No of options exercised	Option cost per share	No of shares sold
Adrian Cox	4,202	428.27p	0

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

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

1	Details of the person discharging managerial responsibilities / persons 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	Exercise of share options under the Beazley plc Save As You Earn ('SAYE')
c)	Price(s) and volume(s)	Price(s) Volume(s) 428.27p 4,202
d)	Aggregated information -  Aggregated volume -  Price	4,202 £17,995.91
e)	Date of the transaction	16 December 2022
f)	Place of the transaction	Exercise of the options 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 seven Lloyd's syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9 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'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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