Beazley PLC

Director's Dealing • Feb 14, 2018

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RNS Number : 9266E

Beazley PLC

14 February 2018

Beazley plc

London, 14 February 2018

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 10 February 2015 under the Company's Deferred Share Plan. These deferred share awards have vested as set out below. 

Director	No of Deferred share awards vested
ML Bride	81,155
AP Cox	101,443
DA Horton	131,877
NP Maidment	101,443

Beazley plc further announces that the PDMRs also exercised nil cost options, which had been awarded on 13 February 2013 and 10 February 2015 under the Company's Long Term Incentive Plan, and which were available to be exercised.

Director	No of nil cost options exercised  in respect of 10 February 2015 awards	No of nil cost options exercised in respect of 13 February 2013 awards
ML Bride	75,710	110,186
AP Cox	81,278	117,532
DA Horton	144,418	210,823
NP Maidment	81,278	118,634

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

Vesting of shares under the Beazley plc Deferred Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	81,155

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	75,710

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	110,186

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

13 February 2018

f)

Place of the transaction

Exercise of the options occurred outside a trading venue

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

Vesting of shares under the Beazley plc Deferred Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	101,443

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	81,278

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	117,532

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

13 February 2018

f)

Place of the transaction

Exercise 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 financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB00BYQ0JC66

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	131,877

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	144,418

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	210,823

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

13 February 2018

f)

Place of the transaction

Exercise of the options occurred outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Neil Maidment

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

Vesting of shares under the Beazley plc Deferred Share Plan

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	101,443

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	81,278

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

12 February 2018

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

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	118,634

d)

Aggregated information

- Aggregated volume

-Price

n/a

n/a

e)

Date of the transaction

13 February 2018

f)

Place of the transaction

Exercise 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, United States, Canada, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 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 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

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