CORRECTION - Beazley plc Employee Benefit Trust

RNS Number : 4055C
Beazley PLC
04 March 2011
 



Beazley plc

 

Dublin, 4th March 2011

 

CORRECTION - Beazley plc Employee Benefit Trust

 

At 07:00 on 4 March 2011, under RNS No 3219C, Beazley plc announced that the Beazley plc Employee Benefit Trust purchased 1,195,504 ordinary shares of 5p each in the Company on 3rd March 2011 at an average price of 125.25p.

 

The price and number of shares purchased set out in the announcement were incorrect and the announcement should have read that the Beazley plc Employee Benefit Trust purchased 1,200,000  ordinary shares of 5p each in the Company on 3rd March 2011 at an average price of 125.2135p.

The full amended text is shown below.

Beazley plc Employee Benefit Trust

 

The board of Beazley plc announces that Beazley plc Employee Benefit Trust has purchased 1,200,000 ordinary shares of 5p each in the Company on 3rd March 2011 at an average price of 125.2135p.

 

The Beazley plc Employee Benefit Trust now owns 12,654,138 ordinary shares of 5p each (c.2.4% of the issued share capital).

 

For further information, please contact:

Beazley plc

Sian Coope

+353 (0)1 854 4700

 

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia.  Beazley manages five Lloyd's syndicates and, in 2010, underwrote gross premiums worldwide of $1,741.6 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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