Director/PDMR Shareholding

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

[phone]

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

 

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