REG - Beazley PLC - Director/PDMR Shareholding

BeazleyAnnouncement

18/12/2024 16:30

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RNS Number : 6406Q  Beazley PLC  18 December 2024

 

Beazley plc

 

London, 18 December 2024

Grant of Share Incentives to Directors

Beazley plc announces that the following grant of nil cost options under the
Beazley plc 2022 Long Term Incentive Plan ("LTIP") over the Company's ordinary
shares of 5 pence each were made to the following Director on 18 December
2024.

 Director                Number of nil-cost options over ordinary shares
 Barbara Plucnar Jensen  178,075

There was no consideration for the grant of the award and the exercise price
is nil.  Ordinarily, this award will vest on the date at which the Beazley
plc Board determines that any performance conditions have been satisfied, and
will be subject to a 2-year holding period commencing on the vesting date.
The award will vest to the extent that the performance conditions are
satisfied and are also subject to the participant meeting both shareholding
requirements and to their continued employment.

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                                                                                                 Barbara Plucnar Jensen
 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                                    1.  Grant of share options under the Beazley plc Long Term Incentive Plan
                                                                  ('LTIP').
 c)  Price(s) and volume(s)                                       Transaction  Price(s)  Volume(s)

                                                            1. LTIP      0.00p     178,075

 d)  Aggregated information

     - Aggregated volume                                          n/a

     - Price                                                      n/a
 e)  Date of the transaction                                      18 December 2024
 f)  Place of the transaction                                     Grant of the options occurred outside a trading venue.

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

e)

Date of the transaction

18 December 2024

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 2023, underwrote gross premiums
worldwide of $5,601.4million. 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 and its subsidiary, Beazley America Insurance Company, Inc. In the
surplus lines market, coverage is provided by the Beazley syndicates at
Lloyd's, and from 1 January 2024, also from Beazley Excess and Surplus
Insurance, Inc.

 

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 (http://www.beazley.com)

 

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