Beazley PLC Exercise of SAYE Options for Directors (1895N)
August 04 2017 - 8:46AM
UK Regulatory
TIDMBEZ
RNS Number : 1895N
Beazley PLC
04 August 2017
Beazley plc
London, 4 August 2017
Exercise of SAYE Options for Directors
Beazley plc announces that the following Director has exercised
the option to purchase ordinary shares under the 2014 Save As You
Earn Scheme:
Director No of Option No of
options cost per shares
exercised share sold
-------------- ----------- ---------- --------
Martin Bride 4,354 206.67p 0
-------------- ----------- ---------- --------
Of the 4,354 share purchased, 3,831 were transferred into Mr
Bride's ISA. There was no change in beneficial ownership.
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 Directors
1 Details of the Director
--- ---------------------------------------------------------------
a) Name Martin Bride
--- --------------------------------- ----------------------------
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 Ordinary shares of 5
of the financial pence each
instrument,
type of instrument GB00BYQ0JC66
Identification
code
--- ------------------------------- ------------------------------
b) Nature of the Purchase of ordinary
transaction shares under the 2014
SAYE scheme
--- ------------------------------- ------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
206.67p 4,354
--------- ----------
--- ------------------------------- ------------------------------
d) Aggregated information
- Aggregated n/a
volume n/a
-Price
--- ------------------------------- ------------------------------
e) Date of the 4 August 2017
transaction
--- ------------------------------- ------------------------------
f) Place of the The transfer of the shares
transaction occurred outside a trading
venue
--- ------------------------------- ------------------------------
For further information, please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
Note to editors:
Beazley plc (BEZ), is the parent company of specialist insurance
businesses with operations in Europe, the US, Canada, Latin
America, Asia, and the Middle East. Beazley manages six Lloyd's
syndicates and, in 2016, underwrote gross premiums worldwide of
$2,195.6 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 is a market leader in many of its chosen lines, which
include professional indemnity, property, marine, reinsurance,
accident and life, and political risks and contingency
business.
For more information please go to: www.beazley.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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