23rd Apr 2008 07:00
Beazley Group PLC23 April 2008 Beazley Group plc London, 23rd April 2008 Beazley Group Plc - Transaction in own shares Beazley Group PLC ("the Company") announces that in accordance with paragraph12.4.6R of the Listing Rules and paragraph 5.5.1R of the Disclosure andTransparency Rules it has purchased 488,500 Ordinary Shares of 5p each at anaverage price of 149.93 pence per share. The highest price and lowest price paid for these shares were 150.00 pence and149.50 pence respectively. All the purchased shares will be held as Treasuryshares. Following the above purchase, the Company holds 11,276,802 Ordinary Shares inTreasury. The number of Ordinary Shares purchased represents 3.06% of the votingrights attributable to the total Ordinary Shares in issue prior to suchpurchases. The Company has 356,865,105 Ordinary Shares in issue (excluding Treasuryshares). The above figure may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, the Company under the Disclosureand Transparency Rules. For enquiries: Charles Farquhar - Numis +44 20 7260 1000 Note to editors: Beazley Group, plc (BEZ.L), based in London, is the parent company of global,specialist insurance businesses with operations in the UK, US, France, Singaporeand Hong Kong. Beazley manages two Lloyd's syndicates (Syndicate 2623 andSyndicate 623) with aggregate underwriting capacity in 2008 of £814m (US$1.6bn).Both syndicates are rated A by A.M. Best. In the US, Beazley's underwritersfocus on writing specialist insurance products in the admitted market, backed byBeazley Insurance Company, Inc., an admitted carrier in all 50 states; andsurplus lines risks, backed by the Beazley syndicates at Lloyd's. BeazleyInsurance Company, Inc. is rated A by A.M. Best. Beazley is a market leader in many of its chosen lines, which includeprofessional indemnity, commercial property, marine, reinsurance, and personallines. For more information please go to: www.beazley.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Beazley