We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Beazley Plc | LSE:BEZ | London | Ordinary Share | GB00BYQ0JC66 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-7.00 | -1.05% | 658.50 | 656.00 | 657.00 | 671.00 | 655.00 | 663.50 | 5,533,872 | 16:35:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Fire, Marine, Casualty Ins | 5.44B | 1.03B | 1.5268 | 4.30 | 4.41B |
TIDMBEZ
RNS Number : 3961F
Beazley PLC
29 October 2018
Beazley plc
London 26 October 2018
Redemption of Notes and cancellation of listing
BEAZLEY GROUP LIMITED
(Registered in England and Wales under number 04082477) (the "Company")
LEI: 549300V3F4ZHETMM6P72
US$18,000,000 Subordinated Floating Rate Notes due 2034 issued by the Company on 26 November 2004 (the "Notes")
The Company has today given formal notice to the Noteholders that it intends to fully redeem the outstanding Notes on 26 November 2018 (the "Redemption Date") in accordance with Condition 6(c) of the terms and conditions of the Notes. The Notes will be redeemed at their original principal amount (being US$18,000,000) together with interest (including all Deferred Payments) accrued (if any) to but excluding the Redemption Date. Accordingly, the listing of the Notes on the Official List of the FCA and the admission of the Notes to trading on the Regulated Market of the London Stock Exchange plc will be cancelled on, or shortly after, 26 November 2018.
Capitalised terms which are used in this announcement, and which are not otherwise defined in this notice, shall have the meanings set out in the terms and conditions of the Notes.
If you have any questions regarding the redemption of the Notes or the cancellation of the listing of the Notes please contact:
Martin Bride
Group Finance Director
martin.bride@beazley.com
BEAZLEY GROUP LIMITED
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 rns@lseg.com or visit www.rns.com.
END
MSCPGGWWUUPRGBR
(END) Dow Jones Newswires
October 29, 2018 03:00 ET (07:00 GMT)
1 Year Beazley Chart |
1 Month Beazley Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions