Man Group PLC : Form 8.3 - Beazley Plc

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Man Group PLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Beazley plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	19/01/2026
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?	NO

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	5p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	9,049,386.00	1.50
(2) Cash-settled derivatives:	4,741,005.00	0.79	156,354.00	0.02
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	13,790,391.00	2.30	156,354.00	0.02

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
5p ordinary	Sale	7,498	11.4394 GBP
5p ordinary	Sale	122,616	11.4853 GBP
5p ordinary	Sale	78,068	11.6136 GBP
5p ordinary	Sale	9,063	11.4394 GBP
5p ordinary	Sale	148,206	11.4853 GBP
5p ordinary	Sale	94,362	11.6136 GBP

(b) Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
5p ordinary	Swap	Reducing a long position	1,975	11.6136 GBP
5p ordinary	Swap	Reducing a long position	3,101	11.4853 GBP
5p ordinary	Swap	Reducing a long position	190	11.4394 GBP
5p ordinary	Swap	Reducing a long position	345	11.7000 GBP
5p ordinary	Swap	Reducing a long position	7,010	11.7000 GBP
5p ordinary	Swap	Reducing a long position	43	11.7000 GBP
5p ordinary	Swap	Increasing a short position	3,399	11.5638 GBP
5p ordinary	Swap	Increasing a short position	2,638	11.4980 GBP
5p ordinary	Swap	Increasing a short position	1,921	11.3780 GBP
5p ordinary	Swap	Increasing a short position	1,261	11.4163 GBP
5p ordinary	Swap	Increasing a short position	4,822	11.7758 GBP
5p ordinary	Swap	Increasing a short position	1,137	11.3808 GBP
5p ordinary	Swap	Increasing a short position	991	11.3795 GBP
5p ordinary	Swap	Increasing a short position	902	11.4480 GBP
5p ordinary	Swap	Increasing a short position	884	11.5048 GBP
5p ordinary	Swap	Increasing a short position	6,188	11.6097 GBP
5p ordinary	Swap	Increasing a short position	33,096	11.6201 GBP
5p ordinary	Swap	Increasing a long position	1,199	8.2080 GBP
5p ordinary	Swap	Increasing a short position	1,372	8.2208 GBP
5p ordinary	Swap	Reducing a long position	529	11.4394 GBP
5p ordinary	Swap	Reducing a long position	8,661	11.4853 GBP
5p ordinary	Swap	Reducing a long position	5,514	11.6136 GBP
5p ordinary	Swap	Reducing a long position	5	11.4394 GBP
5p ordinary	Swap	Reducing a long position	96	11.4853 GBP
5p ordinary	Swap	Reducing a long position	61	11.6136 GBP
5p ordinary	Swap	Reducing a long position	116	11.7000 GBP
5p ordinary	Swap	Reducing a long position	1,431	11.4394 GBP
5p ordinary	Swap	Reducing a long position	23,374	11.4853 GBP
5p ordinary	Swap	Reducing a long position	14,882	11.6136 GBP
5p ordinary	Swap	Reducing a long position	23,318	11.3890 GBP
5p ordinary	Swap	Reducing a long position	1,552	8.2302 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type
e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description
e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing
e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?