Correcting announcement - PDMR Shareholding

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Regulatory News | 09 Jul, 2020

Updated : 12:43

RNS Number : 5739S
Beazley PLC
09 July 2020
 

Beazley plc

London, 9 July 2020

Correcting announcement - Notification of transactions by Persons Discharging Managerial Responsibilities

This notification is made further to an announcement made on 8 July 2020, which incorrectly stated the nature of the transaction for Paul Lake, the correct position is noted below.

 

As a result of this transaction, Sally Lake holds an interest in Beazley plc ordinary shares of 100,563.

 

 

1

Details of the person discharging managerial responsibilities / persons closely associated

a)

Name

Paul Lake

2

Reason for the notification

a)

Position/status

Person closely associated to Sally Lake

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

Acquisition

c)

Price(s) and volume(s)

Price(s)

Volume(s)

369.8603p

80

d)

Aggregated information

-    Aggregated volume

 

-    Price

 

80

£295.88

e)

Date of the transaction

2 April 2020

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

For further information, please contact:

 

Beazley plc

Christine Oldridge

 

+44 (0)20 7674 7758

 

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 2019, underwrote gross premiums worldwide of $3,003.9 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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