Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

11 February 2026

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Name of exempt principal trader:				BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose				BEAZLEY PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				BEAZLEY PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				10 Feb 2026
(e)	In addition to the company in 1(b) above, is the exempt principal				NO
	trader making disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(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:			8,823,025	1.47%	5,253,752	0.88%
(2)	Cash-settled derivatives:
	and/or controlled:			836,871	0.14%	7,427,647	1.24%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			9,659,896	1.61%	12,681,399	2.12%
(b)	Rights to subscribe for new securities (including directors and other executive
	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 EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
5p ordinary		Purchase		1,762,502		12.4116  GBP	12.2900  GBP
5p ordinary		Sale		2,118,561		12.4250  GBP	12.2875  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
5p ordinary		SWAP		Increasing Short		16,925	12.3396  GBP
5p ordinary		SWAP		Increasing Short		6,167	12.3397  GBP
5p ordinary		SWAP		Decreasing Short		11,250	12.2875  GBP
5p ordinary		SWAP		Decreasing Short		451,372	12.2900  GBP
5p ordinary		SWAP		Decreasing Short		48,403	12.2903  GBP
5p ordinary		SWAP		Decreasing Short		5,625	12.2920  GBP
5p ordinary		SWAP		Decreasing Short		1,383	12.2952  GBP
5p ordinary		SWAP		Decreasing Short		73	12.2966  GBP
5p ordinary		SWAP		Decreasing Short		3,996	12.3021  GBP
5p ordinary		SWAP		Decreasing Short		2,022	12.3106  GBP
5p ordinary		SWAP		Decreasing Short		47,779	12.3319  GBP
5p ordinary		SWAP		Decreasing Short		962	12.3335  GBP
5p ordinary		SWAP		Decreasing Short		5,527	12.3444  GBP
5p ordinary		SWAP		Decreasing Short		30,163	12.3483  GBP
5p ordinary		SWAP		Decreasing Short		30,747	12.3494  GBP
5p ordinary		SWAP		Decreasing Short		3,319	12.3636  GBP
5p ordinary		SWAP		Decreasing Short		145,836	12.3674  GBP
5p ordinary		SWAP		Decreasing Short		1,420	12.3720  GBP
5p ordinary		SWAP		Decreasing Short		232,468	12.3737  GBP
5p ordinary		SWAP		Decreasing Short		1,762	12.3765  GBP
5p ordinary		SWAP		Decreasing Short		3,226	12.3770  GBP
5p ordinary		SWAP		Decreasing Short		6,598	12.3837  GBP
5p ordinary		SWAP		Decreasing Short		3,600	12.3891  GBP
5p ordinary		SWAP		Decreasing Short		7,590	12.3938  GBP
5p ordinary		SWAP		Decreasing Short		133	12.3981  GBP
5p ordinary		SWAP		Increasing Short		1,028	12.2900  GBP
5p ordinary		SWAP		Increasing Short		7	12.2909  GBP
5p ordinary		SWAP		Increasing Short		43,352	12.2995  GBP
5p ordinary		SWAP		Increasing Short		19,418	12.3036  GBP
5p ordinary		SWAP		Increasing Short		15,567	12.3051  GBP
5p ordinary		SWAP		Increasing Short		30,582	12.3086  GBP
5p ordinary		SWAP		Increasing Short		22,052	12.3209  GBP
5p ordinary		SWAP		Increasing Short		28,097	12.3271  GBP
5p ordinary		SWAP		Increasing Short		65,985	12.3277  GBP
5p ordinary		SWAP		Increasing Short		50,000	12.3286  GBP
5p ordinary		SWAP		Increasing Short		46,630	12.3361  GBP
5p ordinary		SWAP		Increasing Short		125,912	12.3369  GBP
5p ordinary		SWAP		Increasing Short		2,813	12.3424  GBP
5p ordinary		SWAP		Increasing Short		92,240	12.3561  GBP
5p ordinary		SWAP		Increasing Short		875	12.3646  GBP
5p ordinary		SWAP		Increasing Short		1,258	12.3761  GBP
5p ordinary		SWAP		Increasing Short		6,600	12.3812  GBP
5p ordinary		SWAP		Increasing Short		62,940	12.3861  GBP
5p ordinary		SWAP		Increasing Short		50,000	12.3886  GBP
5p ordinary		SWAP		Increasing Short		5,625	12.3924  GBP
5p ordinary		SWAP		Increasing Short		3,589	12.3981  GBP
5p ordinary		SWAP		Increasing Short		1,017	12.4012  GBP
5p ordinary		SWAP		Increasing Short		337	12.4109  GBP
5p ordinary		SWAP		Increasing Short		3,556	12.4116  GBP
5p ordinary		SWAP		Increasing Short		50,000	12.4147  GBP
5p ordinary		CFD		Decreasing Short		5,368	12.2900  GBP
5p ordinary		CFD		Decreasing Short		27,533	12.3501  GBP
5p ordinary		CFD		Decreasing Short		11,912	12.3600  GBP
5p ordinary		CFD		Decreasing Short		20,707	12.3669  GBP
5p ordinary		CFD		Decreasing Short		16,323	12.3866  GBP
5p ordinary		CFD		Increasing Short		5,368	12.2900  GBP
5p ordinary		CFD		Increasing Short		1,473	12.3425  GBP
5p ordinary		CFD		Increasing Short		11,912	12.3600  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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 exempt principal trader 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 exempt principal trader 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 of 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?				NO
Date of disclosure:				11 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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