Exercise of SAYE Options for Directors

RNS Number : 1895N

Beazley PLC

04 August 2017

 

Beazley plc

London, 4 August 2017

Exercise of SAYE Options for Directors

Beazley plc announces that the following Director has exercised the option to purchase ordinary shares under the 2014 Save As You Earn Scheme:

Director	No of options exercised	Option cost per share	No of shares sold
Martin Bride	4,354	206.67p	0

Of the 4,354 share purchased, 3,831 were transferred into Mr Bride's ISA. There was no change in beneficial ownership.

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 Directors

1	Details of the Director
a)	Name		Martin Bride
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	Purchase of ordinary shares under the 2014 SAYE scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) 206.67p 4,354
d)	Aggregated information - Aggregated volume -Price	n/a n/a
e)	Date of the transaction	4 August 2017
f)	Place of the transaction	The transfer of the shares occurred outside a trading venue

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ), is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, Asia, and the Middle East. Beazley manages six Lloyd's syndicates and, in 2016, underwrote gross premiums worldwide of $2,195.6 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

 

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