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