Beazley PLC Block Listing Application (5380Z)

TIDMBEZ

RNS Number : 5380Z

Beazley PLC

15 March 2017

Beazley plc

London, 15 March 2017

Block Listing Application

Beazley plc announces a block listing application has been made for a total of 10,000,000 ordinary shares of five pence each in the capital of the Company to be admitted to the premium listing segment of the Official List of the UK Listing Authority and admitted to trading on the main market of London Stock Exchange plc.

10,000,000 ordinary shares of five pence each will be blocklisted pursuant to the Company's following schemes:

 
 Scheme                Number of ordinary 
                        shares 
--------------------  ------------------- 
 Beazley plc Save 
  As You Earn Share 
  Option Plan 2012     1,400,000 
--------------------  ------------------- 
 Beazley plc Long 
  Term Incentive 
  Plan 2012            6,100,000 
--------------------  ------------------- 
 Beazley plc Long 
  Term Incentive 
  Plan 2016            2,500,000 
--------------------  ------------------- 
 

Admission is expected to become effective on 16(th) March 2017.

The shares will be issued fully paid and will rank pari passu in all respects with the existing issued ordinary shares of the Company.

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, Latin America, Asia, the Middle East and Australia. 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

This information is provided by RNS

The company news service from the London Stock Exchange

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March 15, 2017 05:24 ET (09:24 GMT)