Beazley plc
London, 16 December 2022
Exercise of SAYE Options for Directors
Beazley plc announces that the following Directors have exercised the option to purchase ordinary shares under the 2019 Save As You Earn Scheme:
|
Director |
No of options exercised |
Option cost per share |
No of shares sold |
|
Adrian Cox
|
4,202 |
428.27p |
0 |
The relevant notification is set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation (No. 596/2014).
For further information, please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
|
1 |
Details of the person discharging managerial responsibilities / persons 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 |
Exercise of share options under the Beazley plc Save As You Earn ('SAYE') |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume
- Price |
4,202 £17,995.91 |
||||
|
e) |
Date of the transaction |
16 December 2022 |
||||
|
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, North America, Latin America and Asia. Beazley manages seven Lloyd's syndicates and, in 2021, underwrote gross premiums worldwide of $4,618.9 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's European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.
Beazley is a market leader in many of its chosen lines, which include professional indemnity, cyber liability, 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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