Last checked at 3 Apr 2024 15:27
Beazley plc
London, 3 April 2024
Notification of transactions by Persons Discharging Managerial Responsibilities (PDMR) / Persons Closely Associated (PCA)
Beazley plc announces the following transactions for Sally Lake and Paul Lake, a person closely associated to Sally Lake. The transactions which took place include a transfer of shares and share disposal.
For further information, please contact:
Beazley plc
Christine Oldridge
+44 (0)20 7674 7758
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||
a) | Name | Sally Lake | ||||
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 | Sale | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
- Price |
7,500 £50,295.00 | ||||
e) | Date of the transaction | 3 April 2024 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
1 | Details of the person discharging managerial responsibilities / persons closely associated | |||||
a) | Name | Sally Lake | ||||
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 | Transfer to Paul Lake | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
- Price |
7,500 £nil | ||||
e) | Date of the transaction | 3 April 2024 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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 | Sale | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
- Price |
7,500 £50,295.00 | ||||
e) | Date of the transaction | 3 April 2024 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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