Vesting of Share Incentives/Options

RNS Number : 5550L

Beazley PLC

28 April 2015

 

Beazley plc

Dublin, 28 April 2015

Vesting of Share Incentives/Options for Directors and other Persons Discharging Managerial Responsibilities (together "PDMRs")

Beazley plc ("the Company") announces that the following PDMR has interests in conditional share awards that were awarded under the Company's April 2009 plan. The following shares have now vested under the plan and were transacted as set out in the table below.

The average price for the disposal of the ordinary shares of 5 pence each was 280.34p and the shares were received for no consideration.

Director / PDMR	No of shares vested	No of shares sold	No of ordinary shares as at 27 April 2015	Shareholding as a percentage of the issued ordinary share capital
Martin Lindsay Bride	37,500	37,500	321,400	0.06%

This notification is made in accordance with DTR 3.1.

Beazley plc was informed of this transaction on 27 April 2015.

For further information, please contact:

Beazley plc

Sian Coope

[phone]

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Latin America, Asia, Middle East and Australia. Beazley manages five Lloyd's syndicates and, in 2014, underwrote gross premiums worldwide of $2,021.8 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

 

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