REG - Beazley PLC -Exercise of SAYE Options for Directors

Released : 04 Aug 2017 14:46

RNS Number : 1895N
Beazley PLC
04 August 2017
 

Beazley plc

London, 4 August 2017

Exercise of SAYE Options for Directors

 

Beazley plc announces that the following Director has exercised the option to purchase ordinary shares under the 2014 Save As You Earn Scheme:

 

Director

No of options exercised

Option cost per share

No of shares sold

Martin Bride

4,354

206.67p

0

 

Of the 4,354 share purchased, 3,831 were transferred into Mr Bride's ISA. There was no change in beneficial ownership.

 

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 Directors

1

Details of the Director

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

Purchase of ordinary shares under the 2014 SAYE scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

206.67p

4,354

d)

Aggregated information

- Aggregated volume

-Price

 

n/a

n/a

e)

Date of the transaction

4 August 2017

f)

Place of the transaction

The transfer of the shares occurred outside a trading venue

 

 

For further information, please contact:

Beazley plc

Christine Oldridge

+44 (0)20 7674 7758

 

 

Note to editors:

Beazley plc (BEZ), is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, Asia, and the Middle East. Beazley manages six Lloyd's syndicates and, in 2016, underwrote gross premiums worldwide of $2,195.6 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

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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