Beazley stock exits the LSE after Zurich takeover

Published on 10/04/2026 at 22:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Beazley stock was removed from the LSE Official List on October 2, 2026. Shareholders are due GBp 1,310 per share after Zurich completed its GBP 8.1 billion takeover.

Fotorealistisches Bürofoto mit Londoner Skyline und Versicherungsarbeitsplatz — Fotorealistisches Büro mit Skyline zeigt Beazley plc (GB00BY9D0Y18) als Spezialversicherer im Finanzviertel London, Illustration mit AI erstellt.

Beazley stock exited the London Stock Exchange after the Financial Conduct Authority removed the company from the Official List on October 2, 2026. The move followed Zurich Insurance Group's completed GBP 8.1 billion acquisition, leaving shareholders entitled to GBp 1,310 per Beazley share.

Listing ends after takeover

According to EQS News on October 2, 2026, the FCA removed Beazley's ordinary shares from the Official List at 8:00 a.m. London time. The notice identifies the securities by ISIN GB00BYQ0JC66 and describes them as fully paid ordinary shares with a nominal value of 5 pence.

The regulatory action came after dealings were suspended on October 1, 2026. Investegate reported that the court-sanctioned scheme became effective on October 1, 2026, after the court order was delivered to the Registrar of Companies.

Shareholders receive GBp 1,310

The cash consideration is GBp 1,310 for each share held at the September 30, 2026, scheme record time. Settlement through CREST and the dispatch of cheques are scheduled by October 15, 2026, according to Investegate.

The transaction size also marks a quantified increase from Zurich's earlier GBP 7.7 billion offer to the GBP 8.1 billion deal ultimately accepted by Beazley's board and shareholders. Insurance Journal said the acquisition became effective on October 1, 2026, and that Beazley's shares were suspended before the October 2 delisting.

Beazley becomes part of Zurich

Zurich said on October 2, 2026, that the combination creates the world's largest specialty insurance business, headquartered in London. Zurich also projected incremental annual revenue growth above USD 1 billion by 2029, at least USD 150 million in combined annual cost savings and at least USD 1 billion of one-off capital extraction within the first two years.

Beazley's issued share capital stood at 603,076,052 ordinary shares on September 23, 2026, after the company issued 1,143,009 shares for employee share plans, according to Ticker.

Cash settlement is the final checkpoint

The decisive investor checkpoint is the GBp 1,310 cash settlement scheduled by October 15, 2026. Beazley's independent London listing ended on October 2, while the completed transaction transfers the specialty insurer into Zurich's global specialty operation.