Beazley plc
Dublin, 29 July 2013
Exercise of SAYE Options by Directors / other Persons Discharging Managerial Responsibilities (together "PDMRs")
Beazley plc ("the Company") announces that on 25 July 2013 the following Directors exercised the option to purchase ordinary shares under the 2010 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 26 July 2013 |
Shareholding as a percentage of the issued ordinary share capital |
M L Bride |
10,591 |
85.68p |
- |
350,000
|
0.07% |
N P Maidment |
10,591 |
85.68p |
- |
3,817,523
|
0.73% |
Beazley plc was informed of these transactions on 26 July 2013.
This notification is made in accordance with DTR 3.1.
For further information, please contact:
Beazley plc
Sian Coope
+353 (0)1 854 4700
Note to editors:
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2012, underwrote gross premiums worldwide of $1,895.9 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