REG - Beazley PLC - Director/PDMR Shareholding

BeazleyAnnouncement

31/03/2020 15:05

RNS Number : 2733I
  
Beazley PLC
  
31 March 2020
  
 

Beazley plc
London, 31 March 2020
Grant of Share Options to Directors 
Beazley plc announces that the following grants of share options under the Beazley plc all employee, UK Save As You Earn plan were made to the below listed directors on 30 March 2020 to acquire ordinary 5p shares in the capital of the Company.  



Director


Number of ordinary shares of 5 pence each over which options were granted  


Option price




Andrew Horton


2,157


£4.1720




Sally Lake


2,157


£4.1720



The awards are not subject to any performance conditions but the directors have entered into a savings contract of three years under the plan and the awards become exercisable from July 2023. 
For further information, please contact: 
Beazley plc 
Christine Oldridge 
 
+44 (0)20 7674 7758
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 persons discharging managerial responsibility or connected persons



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Sally Lake




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 financial instrument, type of instrument
Identification code


Ordinary shares of 5 pence each
 
GB00BYQ0JC66




b)


Nature of the transaction


Grant of share options under the Beazley plc Save As You Earn plan ('SAYE).




c)


Price(s) and volume(s)





Transaction


Price(s)


Volume(s)




Grant of options


417.20p


2,157








d)


Aggregated information
- Aggregated volume
-Price


 
n/a
n/a




e)


Date of the transaction


30 March 2020




f)


Place of the transaction


Grant of the options occurred outside a trading venue.









 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated




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 financial instrument, type of instrument
Identification code


Ordinary shares of 5 pence each
 
GB00BYQ0JC66




b)


Nature of the transaction


Grant of share options under the Beazley plc Save As You Earn plan ('SAYE).




c)


Price(s) and volume(s)





Transaction


Price(s)


Volume(s)




Grant of options


417.20p


2,157








d)


Aggregated information
- Aggregated volume
-Price


 
n/a
n/a




e)


Date of the transaction


30 March 2020




f)


Place of the transaction


Grant 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 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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