Beazley PLC

Director's Dealing • Feb 16, 2018

National Storage Mechanism | Additional information

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RNS Number : 1831F

Beazley PLC

16 February 2018

Beazley plc

London, 16 February 2018

Notification of transactions of persons discharging managerial responsibility or connected persons

Following the announcement on 14 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)
538.8725p	39,041

d)

Aggregated information

- Aggregated volume

-Price

39,041

£210.381.21

e)

Date of the transaction

14 February 2018

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)
536.399p	51,918

d)

Aggregated information

- Aggregated volume

-Price

51,918

£278,487.63

e)

Date of the transaction

15 February 2018

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 acquired 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)
538.8725p	75,710

d)

Aggregated information

- Aggregated volume

-Price

75,710

£407,980.37

e)

Date of the transaction

14 February 2018

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 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)
538.8725p	48,490

d)

Aggregated information

- Aggregated volume

-Price

48,490

£261,299.28

e)

Date of the transaction

14 February 2018

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)
536.399p	54,142

d)

Aggregated information

- Aggregated volume

-Price

54,142

£290,417.15

e)

Date of the transaction

15 February 2018

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)
538.8725p	38,812

d)

Aggregated information

- Aggregated volume

-Price

38,812

£209,147.19

e)

Date of the transaction

14 February 2018

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)
538.8725p	131,877

d)

Aggregated information

- Aggregated volume

-Price

131,877

£710,648.89

e)

Date of the transaction

14 February 2018

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)
536.399p	210,823

d)

Aggregated information

- Aggregated volume

-Price

210,823

£1,130,852.46

e)

Date of the transaction

15 February 2018

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)
538.8725p	144,418

d)

Aggregated information

- Aggregated volume

-Price

144,418

£778,228.89

e)

Date of the transaction

14 February 2018

f)

Place of the transaction

London Stock Exchange (XLON)

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

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)
538.8725p	101,443

d)

Aggregated information

- Aggregated volume

-Price

101,443

£546,648.43

e)

Date of the transaction

14 February 2018

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)
536.399p	118,634

d)

Aggregated information

-Aggregated volume

-Price

118,634

£636,351.59

e)

Date of the transaction

15 February 2018

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)
538.8725p	81,278

d)

Aggregated information

- Aggregated volume

-Price

81,278

£437,984.79

e)

Date of the transaction

14 February 2018

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 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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