Beazley plc
London, 1 August 2016
Exercise of SAYE Options by Director / other Persons Discharging Managerial Responsibilities (together "PDMRs")
Beazley plc ("the Company") announces that on 1 August 2016 the following Director exercised the option to purchase ordinary shares under the 2013 Save As You Earn Scheme ("SAYE Scheme").
Director |
No of options exercised |
Option cost per share |
No of shares sold |
No of ordinary shares held as at 4 August 2016 |
Shareholding as a percentage of the issued ordinary share capital |
N P Maidment |
5311 |
169.44p |
- |
2,912,834
|
0.56% |
Beazley plc was informed of this transaction on 1 August 2016.
This notification is made in accordance with DTR 3.1.
For further information please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
Note to editors:
Beazley plc (BEZ), 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