Beazley PLC Director/PDMR Shareholding (0546K)

TIDMBEZ

RNS Number : 0546K

Beazley PLC

16 December 2022

Beazley plc

London, 16 December 2022

Exercise of SAYE Options for Directors

Beazley plc announces that the following Directors have exercised the option to purchase ordinary shares under the 2019 Save As You Earn Scheme:

 
 Director      No of options   Option cost   No of shares 
                exercised       per share     sold 
 Adrian Cox    4,202           428.27p       0 
              --------------  ------------  ------------- 
 

The relevant notification is set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation (No. 596/2014).

For further information, please contact:

Beazley plc

Christine Oldridge

[phone]

 
      Details of the person discharging managerial 
  1    responsibilities / persons closely associated 
 a)   Name                             Adrian Cox 
     -------------------------------  ---------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------- 
 a)   Position/status                  Director 
     -------------------------------  ---------------------------- 
 b)   Initial notification/amendment   Initial notification 
     -------------------------------  ---------------------------- 
      Details of the issuer, emission allowance 
  3    market participant, auction platform, auctioneer 
       or auction monitor 
     ------------------------------------------------------------- 
 a)   Name                             Beazley plc 
     -------------------------------  ---------------------------- 
 b)   LEI                              213800VTOMUWD41GIT12 
     -------------------------------  ---------------------------- 
      Details of the transaction(s): section to 
  4    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        Exercise of share options 
                                        under the Beazley plc Save 
                                        As You Earn ('SAYE') 
     -------------------------------  ---------------------------- 
 c)   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         428.27p    4,202 
                                                   ---------- 
     -------------------------------  ---------------------------- 
 d)        Aggregated information 
             *    Aggregated volume      4,202 
                                         GBP17,995.91 
 
 
             *    Price 
     -------------------------------  ---------------------------- 
 e)   Date of the transaction          16 December 2022 
     -------------------------------  ---------------------------- 
 f)   Place of the transaction         Exercise of the options 
                                        occurred outside a trading 
                                        venue. 
     -------------------------------  ---------------------------- 
 

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 seven Lloyd's syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9 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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December 16, 2022 10:30 ET (15:30 GMT)