Beazley PLC Correcting announcement - PDMR Shareholding (5739S)

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RNS Number : 5739S

Beazley PLC

09 July 2020

Beazley plc

London, 9 July 2020

Correcting announcement - Notification of transactions by Persons Discharging Managerial Responsibilities

This notification is made further to an announcement made on 8 July 2020, which incorrectly stated the nature of the transaction for Paul Lake, the correct position is noted below.

As a result of this transaction, Sally Lake holds an interest in Beazley plc ordinary shares of 100,563.

 
 1    Details of the person discharging managerial 
       responsibilities / persons closely associated 
 a)   Name                             Paul Lake 
     -------------------------------  ----------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------- 
 a)   Position/status                  Person closely associated 
                                        to Sally Lake 
     -------------------------------  ----------------------------- 
 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               Ordinary shares of 5 pence 
       financial instrument,            each 
       type of instrument 
       Identification code              GB00BYQ0JC66 
     -------------------------------  ----------------------------- 
 b)   Nature of the transaction        Acquisition 
     -------------------------------  ----------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         369.8603p   80 
                                                    ---------- 
     -------------------------------  ----------------------------- 
 d)        Aggregated information 
             *    Aggregated volume      80 
                                         GBP295.88 
 
 
             *    Price 
     -------------------------------  ----------------------------- 
 e)   Date of the transaction          2 April 2020 
     -------------------------------  ----------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
     -------------------------------  ----------------------------- 
 

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America and Asia. Beazley manages six Lloyd's syndicates and, in 2019, underwrote gross premiums worldwide of $3,003.9 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's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber liability, 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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July 09, 2020 07:42 ET (11:42 GMT)