TIDMBEZ

RNS Number : 4774P

Beazley PLC

17 February 2021

Beazley plc

London 17 February 2021

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 deferred share awards, which were granted on 13 February 2018 under the Company's Deferred Share Plan. These deferred shares have vested as set out below. The details of the resulting share dealing transactions are also set out below.

 
 Director     No of Deferred share   No of ordinary shares 
               awards vested          sold in respect 
                                      of 13 February 2018 
                                      awards 
 AP Cox              27,108                 12,786 
             ---------------------  ---------------------- 
 DA Horton           30,723                 14,491 
             ---------------------  ---------------------- 
 SM Lake             3,975                   1,877 
             ---------------------  ---------------------- 
 

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                     Ordinary shares of 5 pence each 
         financial instrument, 
         type of instrument                     GB00BYQ0JC66 
         Identification code 
       -------------------------------------  ------------------------------------ 
 b)     Nature of the transaction              Vesting of shares under the 
                                                Beazley plc Deferred Share Plan 
       -------------------------------------  ------------------------------------ 
 c)     Price(s) and volume(s)                  Price(s)   Volume(s) 
                                                 0.00p      27,108 
                                                           ---------- 
       -------------------------------------  ------------------------------------ 
 d)     Aggregated information 
         - Aggregated volume                     n/a 
         -Price                                  n/a 
       -------------------------------------  ------------------------------------ 
 e)     Date of the transaction                15 February 2021 
       -------------------------------------  ------------------------------------ 
 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                     Ordinary shares of 5 pence each 
       financial instrument, 
       type of instrument                     GB00BYQ0JC66 
       Identification code 
     -------------------------------------  -------------------------------------- 
 b)   Nature of the transaction              Sale of shares from the vesting 
                                              of shares under the Beazley 
                                              plc Deferred Share Plan 
     -------------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)                  Price(s)    Volume(s) 
                                               360.4705p   12,786 
                                                          ---------- 
     -------------------------------------  -------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                     12,786 
       -Price                                  GBP46,089.76 
     -------------------------------------  -------------------------------------- 
 e)   Date of the transaction                15 February 2021 
     -------------------------------------  -------------------------------------- 
 f)   Place of the transaction               London Stock Exchange (XLON) 
     -------------------------------------  -------------------------------------- 
 
 
 
 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             Vesting of shares under the 
                                             Beazley plc Deferred Share Plan 
     ------------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              0.00p      30,723 
                                                        ---------- 
     ------------------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                    n/a 
       -Price                                 n/a 
     ------------------------------------  ------------------------------------- 
 e)   Date of the transaction               15 February 2021 
     ------------------------------------  ------------------------------------- 
 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                  Ordinary shares of 5 pence each 
       financial instrument, 
       type of instrument                  GB00BYQ0JC66 
       Identification code 
     ----------------------------------  --------------------------------------- 
 b)   Nature of the transaction           Sale of shares from the vesting 
                                           of shares under the Beazley 
                                           plc Deferred Share Plan 
     ----------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)               Price(s)    Volume(s) 
                                            360.4705p   14,491 
                                                       ---------- 
     ----------------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                  14,491 
       -Price                               GBP52,235.78 
     ----------------------------------  --------------------------------------- 
 e)   Date of the transaction             15 February 2021 
     ----------------------------------  --------------------------------------- 
 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                    Ordinary shares of 5 pence each 
       financial instrument, 
       type of instrument                    GB00BYQ0JC66 
       Identification code 
     ------------------------------------  ------------------------------------- 
 b)   Nature of the transaction             Vesting of shares under the 
                                             Beazley plc Deferred Share Plan 
     ------------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              0.00p      3,975 
                                                        ---------- 
     ------------------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                    n/a 
       -Price                                 n/a 
     ------------------------------------  ------------------------------------- 
 e)   Date of the transaction               15 February 2021 
     ------------------------------------  ------------------------------------- 
 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                  Ordinary shares of 5 pence each 
       financial instrument, 
       type of instrument                  GB00BYQ0JC66 
       Identification code 
     ----------------------------------  --------------------------------------- 
 b)   Nature of the transaction           Sale of shares from the vesting 
                                           of shares under the Beazley 
                                           plc Deferred Share Plan 
     ----------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)               Price(s)    Volume(s) 
                                            360.4705p     1,877 
                                                       ---------- 
     ----------------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                  1,877 
       -Price                               GBP6,766.03 
     ----------------------------------  --------------------------------------- 
 e)   Date of the transaction             15 February 2021 
     ----------------------------------  --------------------------------------- 
 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 six Lloyd's syndicates and, in 2020, underwrote gross premiums worldwide of $3,563.8 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

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