Beazley PLC

Director's Dealing • Feb 14, 2019

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RNS Number : 0549Q

Beazley PLC

14 February 2019

Beazley plc

London, 14 February 2019

Notification of transactions of persons discharging managerial responsibility or connected persons

Following the announcement on 12 February regarding the vesting and exercise of share incentive awards, Beazley announces the details of the resulting share dealing transactions below.

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

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 of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB00BYQ0JC66

b)

Nature of the transaction

Sale of shares to cover income tax and NICs liability from the vesting of shares under the Beazley plc Deferred Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	67,070

d)

Aggregated information

- Aggregated volume

-Price

67,070

£338,871.18

e)

Date of the transaction

13 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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 to cover income tax and NICs liability from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	52,684

d)

Aggregated information

- Aggregated volume

-Price

52,684

£266,185.91

e)

Date of the transaction

13 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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 to cover income tax and NICs liability from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	11,353

d)

Aggregated information

- Aggregated volume

-Price

11,353

£57,361.03

e)

Date of the transaction

13 February 2019

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

Identification code

Ordinary shares of 5 pence each

GB00BYQ0JC66

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)
505.2500p	39,191

d)

Aggregated information

- Aggregated volume

-Price

39,191

£198,012.53

e)

Date of the transaction

13 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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 from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	26,079

d)

Aggregated information

- Aggregated volume

-Price

26,079

£131,764.15

e)

Date of the transaction

13 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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 from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	5,604

d)

Aggregated information

- Aggregated volume

-Price

5,604

£28,314.21

e)

Date of the transaction

13 February 2019

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 financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB00BYQ0JC66

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)
505.2500p	50,948

d)

Aggregated information

- Aggregated volume

-Price

50,948

£257,414.77

e)

Date of the transaction

13 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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 from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	47,073

d)

Aggregated information

- Aggregated volume

-Price

47,073

£237,836.33

e)

Date of the transaction

13 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)

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 from the exercise of nil cost options under the Beazley plc Long Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
505.2500p	10,115

d)

Aggregated information

- Aggregated volume

-Price

10,115

£51,106.04

e)

Date of the transaction

13 February 2019

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, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2018, underwrote gross premiums worldwide of $2,615.3 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 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.

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