Beazley PLC Director/PDMR Shareholding (2733I)
March 31 2020 - 9:03AM
UK Regulatory
TIDMBEZ
RNS Number : 2733I
Beazley PLC
31 March 2020
Beazley plc
London, 31 March 2020
Grant of Share Options to Directors
Beazley plc announces that the following grants of share options
under the Beazley plc all employee, UK Save As You Earn plan were
made to the below listed directors on 30 March 2020 to acquire
ordinary 5p shares in the capital of the Company.
Director Number of ordinary Option price
shares of 5 pence
each over which options
were granted
Andrew Horton 2,157 GBP4.1720
------------------------- -------------
Sally Lake 2,157 GBP4.1720
------------------------- -------------
The awards are not subject to any performance conditions but the
directors have entered into a savings contract of three years under
the plan and the awards become exercisable from July 2023.
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 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 Ordinary shares of 5 pence each
financial instrument,
type of instrument GB00BYQ0JC66
Identification code
---------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options under
the Beazley plc Save As You
Earn plan ('SAYE).
---------------------------------- ---------------------------------------------
c) Price(s) and volume(s) Transaction Price(s) Volume(s)
Grant of options 417.20p 2,157
--------- ----------
---------------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume n/a
-Price n/a
---------------------------------- ---------------------------------------------
e) Date of the transaction 30 March 2020
---------------------------------- ---------------------------------------------
f) Place of the transaction Grant of the options occurred
outside a trading venue.
---------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Andrew Horton
--------------------------------------- ----------------------------------------
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 Ordinary shares of 5 pence each
financial instrument,
type of instrument GB00BYQ0JC66
Identification code
---------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options under
the Beazley plc Save As You
Earn plan ('SAYE).
---------------------------------- ---------------------------------------------
c) Price(s) and volume(s) Transaction Price(s) Volume(s)
Grant of options 417.20p 2,157
--------- ----------
---------------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume n/a
-Price n/a
---------------------------------- ---------------------------------------------
e) Date of the transaction 30 March 2020
---------------------------------- ---------------------------------------------
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 2019, underwrote gross premiums worldwide of $3,003.9 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'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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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