Holding(s) in Company

RNS Number : 7468N

Beazley PLC

22 May 2020

 

TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Beazley plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
Name			Wellington Management Group LLP
City and country of registered office (if applicable)			Boston, USA
4. Full name of shareholder(s) (if different from 3)
Name			BBH ISL NOMINEES LTD  BNY Mellon Nominees Limited HSBC Global Custody Nominee (UK) Limited JP Morgan Chase Nominees Limited  JP Morgan Prime Brokerage  Mellon Nominees (UK) Ltd. Nortrust Nominees Limited ROY Nominees Limited STATE STREET State Street Nominees Limited VIDACOS NOMINEES LIMITED
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:			19/05/2020
6. Date on which issuer notified (DD/MM/YYYY):			21/05/2020
7. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B.1 + 8.B.2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	6.28%	0.06%		6.34%	529,964,219
Position of previous notification (if applicable)	n/a	n/a		n/a

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights				% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BYQ0JC66 Common Stock		33,320,978				6.28%
SUBTOTAL 8.A	33,320,978				6.28%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/converted			% of voting rights
		SUBTOTAL 8.B.1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of voting rights		% of voting rights
Equity Swap	15/05/2023	21/05/2020to15/05/2023	Cash settlement	64,269 Equity Swap shares or 64,269 votes on a converted basis		0.01%
Equity Swap	22/05/2023	24/04/2020to22/05/2023	Cash settlement	46,192 Equity Swap shares or 46,192 votes on a converted basis		0.01%
Equity Swap	15/05/2023	11/03/2020to15/05/2023	Cash settlement	36,278 Equity Swap shares or 36,278 votes on a converted basis		0.01%
Equity Swap	15/05/2023	15/02/2019to15/05/2023	Cash settlement	31,165 Equity Swap shares or 31,165 votes on a converted basis		0.01%
Equity Swap	22/05/2023	22/02/2019to22/05/2023	Cash settlement	22,247 Equity Swap shares or 22,247 votes on a converted basis		0.00%
Equity Swap	22/05/2023	21/04/2020to22/05/2023	Cash settlement	20,952 Equity Swap shares or 20,952 votes on a converted basis		0.00%
Equity Swap	05/05/2023	16/03/2020to05/05/2023	Cash settlement	19,560 Equity Swap shares or 19,560 votes on a converted basis		0.00%
Equity Swap	15/05/2023	18/03/2020to15/05/2023	Cash settlement	13,813 Equity Swap shares or 13,813 votes on a converted basis		0.00%
Equity Swap	05/05/2023	21/05/2020to05/05/2023	Cash settlement	13,138 Equity Swap shares or 13,138 votes on a converted basis		0.00%
Equity Swap	22/05/2023	28/02/2020to22/05/2023	Cash settlement	9,791 Equity Swap shares or 9,791 votes on a converted basis		0.00%
Equity Swap	05/05/2023	27/02/2020to05/05/2023	Cash settlement	9,372 Equity Swap shares or 9,372 votes on a converted basis		0.00%
Equity Swap	22/05/2023	26/07/2019to22/05/2023	Cash settlement	7,648 Equity Swap shares or 7,648 votes on a converted basis		0.00%
Equity Swap	22/05/2023	02/03/2020to22/05/2023	Cash settlement	6,796 Equity Swap shares or 6,796 votes on a converted basis		0.00%
Equity Swap	22/05/2023	02/03/2020to22/05/2023	Cash settlement	6,756 Equity Swap shares or 6,756 votes on a converted basis		0.00%
Equity Swap	15/05/2023	19/03/2020to15/05/2023	Cash settlement	4,624 Equity Swap shares or 4,624 votes on a converted basis		0.00%
Equity Swap	22/05/2023	10/02/2020to22/05/2023	Cash settlement	4,483 Equity Swap shares or 4,483 votes on a converted basis		0.00%
Equity Swap	15/05/2023	19/08/2019to15/05/2023	Cash settlement	3,401 Equity Swap shares or 3,401 votes on a converted basis		0.00%
Equity Swap	22/05/2023	17/02/2020to22/05/2023	Cash settlement	3,246 Equity Swap shares or 3,246 votes on a converted basis		0.00%
Equity Swap	15/05/2023	27/11/2019to15/05/2023	Cash settlement	2,571 Equity Swap shares or 2,571 votes on a converted basis		0.00%
Equity Swap	15/05/2023	19/02/2019to15/05/2023	Cash settlement	1,733 Equity Swap shares or 1,733 votes on a converted basis		0.00%
			SUBTOTAL 8.B.2	328,035		0.06%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)					X
Name		% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Wellington Management Group LLP		6.28%		6.34%
Wellington Group Holdings LLP		6.28%		6.34%
Wellington Investment Advisors Holdings LLP		6.28%		6.34%
Wellington Management Global Holdings, Ltd.
Wellington Management International Ltd
Wellington Management Group LLP		6.28%		6.34%
Wellington Group Holdings LLP		6.28%		6.34%
Wellington Investment Advisors Holdings LLP		6.28%		6.34%
Wellington Management Company LLP
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information:
Place of completion	London
Date of completion	21/05/2020

 

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