REG - Beazley PLC - Director/PDMR Shareholding
06/03/2025 17:45
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RNS Number : 7195Z Beazley PLC 06 March 2025
Beazley plc
London, 6 March 2025
Vesting of Share Incentives/Options for Directors and other Persons
Discharging Managerial Responsibilities (together "PDMRs")
Beazley plc announces that the following PDMR has interests in share awards,
which were granted on 11 February 2020 under the Company's Long Term Incentive
Plan and 15 February 2022 under the Company's Deferred Share Plan. The options
exercised have vested as set out below. The details of the resulting share
dealing transactions to satisfy tax and national insurance contributions are
also set out below.
Director No of nil cost options vested and exercised in respect of 11 February 2020 No of ordinary shares sold in respect of 11 February 2020 awards
awards
A P Cox 58,941 27,772
Director No of Deferred share awards vested in respect of 15 February 2022 awards No of ordinary shares sold in respect of 15 February 2022 awards
A P Cox 89,132 42,040
For further information please contact:
Beazley plc
Ruth Yeoman
+44 (0)20 7674 7819
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 58,941
d) Aggregated information
- Aggregated volume n/a
-Price n/a
e) Date of the transaction 5 March 2025
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 to satisfy tax and national insurance
contributions
d)
Aggregated information
- Aggregated volume
-Price
n/a
n/a
e)
Date of the transaction
5 March 2025
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 to satisfy tax and national insurance
contributions
c) Price(s) and volume(s) Price(s) Volume(s)
901.7500p 27,772
d) Aggregated information
- Aggregated volume 27,772
-Price £250,434.01
e) Date of the transaction 5 March 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
-Price
27,772
£250,434.01
e)
Date of the transaction
5 March 2025
f)
Place of the transaction
London Stock Exchange (XLON)
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 89,132
d) Aggregated information
- Aggregated volume n/a
-Price n/a
e) Date of the transaction 4 March 2025
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 acquired from the vesting of shares under the Beazley plc
Deferred Share Plan to satisfy tax and national insurance contributions
c) Price(s) and volume(s) Price(s) Volume(s)
889.2000p 42,040
d) Aggregated information
- Aggregated volume 42,040
-Price £373,819.68
e) Date of the transaction 4 March 2025
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
-Price
n/a
n/a
e)
Date of the transaction
4 March 2025
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 acquired from the vesting of shares under the Beazley plc
Deferred Share Plan to satisfy tax and national insurance contributions
c)
Price(s) and volume(s)
Price(s) Volume(s)
889.2000p 42,040
d)
Aggregated information
- Aggregated volume
-Price
42,040
£373,819.68
e)
Date of the transaction
4 March 2025
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 2024, underwrote gross premiums
worldwide of $6,164.1million. 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 (https://www.beazley.com/)
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