Last checked at 10 Oct 2013 11:59
Beazley plc
Director shareholding
Dublin, 10th October 2013
Vesting of Share Incentives/Options for Directors
Beazley plc ("the Company") announces that the following Director has interests in retention shares that were awarded under the Company's Retention Plan in October 2007. The following retention shares have now vested under the plan and were transacted as set out in the table below.
The average price for the disposal of the ordinary shares of 5 pence each was 202.94p and the shares were received for no consideration.
Director | No of shares vested | No of shares sold | No of ordinary shares held as at 10 October 2013 | Shareholding as a percentage of the issued ordinary share capital |
DA Horton | 261,025 | 186,025 | 1,630,087 | 0.31% |
Beazley plc was informed of this transaction on 9th October 2013.
This notification is made in accordance with DTR 3.1.
For further information, please contact:
Beazley plc
Sian Coope
+353 (0)1 854 4700
Note to editors:
Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2012, underwrote gross premiums worldwide of $1,895.9 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 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