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REG - Beazley PLC - Director/PDMR Shareholding

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RNS Number : 9108R  Beazley PLC  03 March 2023

 

 

 

 

Beazley plc

 

London, 3 March 2023

 

Vesting of Share Incentives/Options for Directors and other Persons
Discharging Managerial Responsibilities (together "PDMRs")

Beazley plc announces that the following PDMRs have interests in share awards,
which were granted on 11 February 2020 under the Company's Deferred Share
Plan. The deferred shares have vested as set out below. The details of the
resulting share dealing transactions are also set out below.

 

 Director  No of Deferred share awards vested in respect of 11 February 2020 awards  No of ordinary shares sold in respect of 11 February 2020 awards
 A P Cox   45,340                                                                    21,385
 S M Lake  21,410                                                                    10,099

 

 

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                                                                                               Adrian Cox
 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     Ordinary shares of 5 pence each

                                     Identification code

                                                                                                     GB00BYQ0JC66
 b)                                  Nature of the transaction                                       Vesting of share awards under the Beazley plc Deferred Share Plan
 c)                                  Price(s) and volume(s)                                          Price(s)  Volume(s)
                                                                                                     0.00p     45,340
 d)                                  Aggregated information

                                     - Aggregated volume                                             n/a

                                     -Price                                                          n/a
 e)                                  Date of the transaction                                         2 March 2023
 f)                                  Place of the transaction                                        Vesting of the shares occurred outside a trading venue

 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     Ordinary shares of 5 pence each

     Identification code

                                                                     GB00BYQ0JC66
 b)  Nature of the transaction                                       Sale of shares from the vesting of shares under the Beazley plc Deferred Share
                                                                     Plan
 c)  Price(s) and volume(s)                                          Price(s)   Volume(s)
                                                                     634.9067p  21,385
 d)  Aggregated information

     - Aggregated volume                                             21,385

     -Price                                                          £135,774.80
 e)  Date of the transaction                                         2 March 2023
 f)  Place of the transaction                                        London Stock Exchange (XLON)

d)

Aggregated information

- Aggregated volume

-Price

 

n/a

n/a

e)

Date of the transaction

2 March 2023

f)

Place of the transaction

 

Vesting of the shares occurred outside a trading venue

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

Sale of shares from the vesting of shares under the Beazley plc Deferred Share
Plan

c)

Price(s) and volume(s)

 Price(s)   Volume(s)
 634.9067p  21,385

d)

Aggregated information

- Aggregated volume

-Price

 

21,385

£135,774.80

e)

Date of the transaction

2 March 2023

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 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                                  Ordinary shares of 5 pence each

     Identification code

                                                                                                  GB00BYQ0JC66
 b)  Nature of the transaction                                                                    Vesting of share awards under the Beazley plc Deferred Share Plan
 c)  Price(s) and volume(s)                                                                       Price(s)  Volume(s)
                                                                                                  0.00p     21,410
 d)  Aggregated information

     - Aggregated volume                                                                          n/a

     -Price                                                                                       n/a
 e)  Date of the transaction                                                                      2 March 2023
 f)  Place of the transaction                                                                     Vesting of the shares occurred outside a trading venue

 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  Ordinary shares of 5 pence each

     Identification code

                                                                  GB00BYQ0JC66
 b)  Nature of the transaction                                    Sale of shares from the vesting of shares under the Beazley plc Deferred Share
                                                                  Plan
 c)  Price(s) and volume(s)                                       Price(s)   Volume(s)
                                                                  634.9067p  10,099
 d)  Aggregated information

     - Aggregated volume                                          10,099

     -Price                                                       £64,119.23
 e)  Date of the transaction                                      2 March 2023
 f)  Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

- Aggregated volume

-Price

 

n/a

n/a

e)

Date of the transaction

2 March 2023

f)

Place of the transaction

 

Vesting of the shares occurred outside a trading venue

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

Sale of shares from the vesting of shares under the Beazley plc Deferred Share
Plan

c)

Price(s) and volume(s)

 Price(s)   Volume(s)
 634.9067p  10,099

d)

Aggregated information

- Aggregated volume

-Price

 

10,099

£64,119.23

e)

Date of the transaction

2 March 2023

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 

 

 

 

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 2022, underwrote gross premiums
worldwide of $5,268.7million. 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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