REG - Beazley PLC - Director/PDMR Shareholding
09/03/2023 17:15
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RNS Number : 4962S Beazley PLC 09 March 2023
Beazley plc
London, 9 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 13 February 2018 under the Company's Long Term Incentive
Plan. The options exercised have vested as set out below. The details of the
resulting share dealing transactions to satisfy tax and national insurance are
also set out below.
Director No of nil cost options vested and exercised in respect of 13 February 2018 No of ordinary shares sold in respect of 13 February 2018 awards
awards
A P Cox 7,088 3,340
S M Lake 2,471 1,165
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 Exercise of nil cost options exercised under the Beazley plc Long Term
Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
0.00p 7,088
d) Aggregated information
- Aggregated volume n/a
-Price n/a
e) Date of the transaction 6 March 2023
f) Place of the transaction Exercise of the options 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 acquired from the exercise of nil cost options under the
Beazley plc Long Term Incentive Plan
d)
Aggregated information
- Aggregated volume
-Price
n/a
n/a
e)
Date of the transaction
6 March 2023
f)
Place of the transaction
Exercise of the options 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 acquired from the exercise of nil cost options under the
Beazley plc Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
642.2685p 3,340
d) Aggregated information
- Aggregated volume 3,340
-Price £21,451.77
e) Date of the transaction 6 March 2023
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
-Price
3,340
£21,451.77
e)
Date of the transaction
6 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 Exercise of nil cost options exercised under the Beazley plc Long Term
Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
0.00p 2,471
d) Aggregated information
- Aggregated volume n/a
-Price n/a
e) Date of the transaction 6 March 2023
f) Place of the transaction Exercise of the options 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 acquired from the exercise of nil cost options under the
Beazley plc Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) Volume(s)
642.2685p 1,165
d) Aggregated information
- Aggregated volume 1,165
-Price £7,482.43
e) Date of the transaction 6 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
6 March 2023
f)
Place of the transaction
Exercise of the options 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 acquired from the exercise of nil cost options under the
Beazley plc Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s) Volume(s)
642.2685p 1,165
d)
Aggregated information
- Aggregated volume
-Price
1,165
£7,482.43
e)
Date of the transaction
6 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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