May 18, 2020 / 5:16 PM / 14 days ago

BRIEF-Beazley Announces Proposed Placing Of New Ordinary Shares

May 18 (Reuters) - Beazley PLC:

* BEAZLEY PLC - PROPOSED PLACING OF NEW ORDINARY SHARES

* BEAZLEY PLC - INTENDS TO RAISE GROSS PROCEEDS OF APPROXIMATELY £247 MILLION IN CONNECTION WITH PLACING AND SUBSCRIPTION.

* BEAZLEY PLC - BOARD HAS TAKEN DECISION NOT TO PAY A FIRST INTERIM DIVIDEND FOR SIX MONTHS ENDING 30 JUNE 2020 Source text for Eikon: Further company coverage:

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