BEZ.L

Beazley Plc
Beazley PLC - Director/PDMR Shareholding
18th December 2024, 16:21
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RNS Number : 6406Q
Beazley PLC
18 December 2024
 

 

Beazley plc

 

London, 18 December 2024

Grant of Share Incentives to Directors

Beazley plc announces that the following grant of nil cost options under the Beazley plc 2022 Long Term Incentive Plan ("LTIP") over the Company's ordinary shares of 5 pence each were made to the following Director on 18 December 2024.

Director

Number of nil-cost options over ordinary shares

Barbara Plucnar Jensen

178,075

There was no consideration for the grant of the award and the exercise price is nil.  Ordinarily, this award will vest on the date at which the Beazley plc Board determines that any performance conditions have been satisfied, and will be subject to a 2-year holding period commencing on the vesting date.  The award will vest to the extent that the performance conditions are satisfied and are also subject to the participant meeting both shareholding requirements and to their continued employment.

For further information, please contact:

Beazley plc

Christine Oldridge

 

+44 (0)20 7674 7758

 

 


 

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

Barbara Plucnar Jensen

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

1.  Grant of share options under the Beazley plc Long Term Incentive Plan ('LTIP').

c)

Price(s) and volume(s)

 

 

Transaction

Price(s)

Volume(s)

1. LTIP

0.00p

178,075


d)

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

e)

Date of the transaction

18 December 2024

f)

Place of the transaction

Grant 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 six Lloyd's syndicates and, in 2023, underwrote gross premiums worldwide of $5,601.4million. 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 and its subsidiary, Beazley America Insurance Company, Inc. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's, and from 1 January 2024, also from Beazley Excess and Surplus Insurance, Inc.

 

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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