Vesting of Share Incentives/Options for Directors

RNS Number : 2214Q

Beazley PLC

10 October 2013

 



Beazley plc

Director shareholding

Dublin, 10^th October 2013

Vesting of Share Incentives/Options for Directors

Beazley plc ("the Company") announces that the following Director has interests in retention shares that were awarded under the Company's Retention Plan in October 2007. The following retention shares have now vested under the plan and were transacted as set out in the table below.

The average price for the disposal of the ordinary shares of 5 pence each was 202.94p and the shares were received for no consideration.

Director	No of shares vested	No of shares sold	No of ordinary shares held as at 10 October 2013	Shareholding as a percentage of the issued ordinary share capital
DA Horton	261,025	186,025	1,630,087	0.31%

Beazley plc was informed of this transaction on 9^th October 2013.

This notification is made in accordance with DTR 3.1.

For further information, please contact:

Beazley plc

Sian Coope

[phone]

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

 

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