Beazley PLC Director PDMR Shareholding (6186V)

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RNS Number : 6186V

Beazley PLC

24 July 2018

Beazley plc

London, 24 July 2018

Exercise of SAYE Options for Directors

Beazley plc announces that the following Director has exercised the option to purchase ordinary shares under the 2015 Save As You Earn Scheme:

 
 Director         No of options   Option cost   No of shares 
                   exercised       per share     sold 
 Andrew Horton    3,800           236.83p       0 
                 --------------  ------------  ------------- 
 

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                                Andrew Horton 
     ----------------------------------  ------------------------------ 
 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              Ordinary shares of 5 pence each 
       financial instrument, 
       type of instrument              GB00BYQ0JC66 
       Identification code 
     ------------------------------  ---------------------------------- 
 b)   Nature of the transaction       Purchase of ordinary shares 
                                       under the 2015 SAYE scheme 
     ------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        236.83     3,800 
                                                  ---------- 
     ------------------------------  ---------------------------------- 
 d)   Aggregated information 
       - Aggregated volume              n/a 
       -Price                           n/a 
     ------------------------------  ---------------------------------- 
 e)   Date of the transaction         20 July 2018 
     ------------------------------  ---------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  ---------------------------------- 
 
 

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, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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July 24, 2018 09:00 ET (13:00 GMT)