Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

27 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:				26 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:			13,467,317	2.25%	4,619,388	0.77%
(2)	Cash-settled derivatives:
	and/or controlled:			181,321	0.03%	11,891,746	1.98%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,648,638	2.28%	16,511,134	2.75%
(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		1,058,835		12.4600  GBP	12.3400  GBP
5p ordinary		Sale		467,237		12.4600  GBP	12.3400  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		Decreasing Short		16,423	12.3689  GBP
5p ordinary		SWAP		Decreasing Short		531	12.3690  GBP
5p ordinary		SWAP		Decreasing Short		1,013	12.3855  GBP
5p ordinary		SWAP		Decreasing Short		1,001	12.4004  GBP
5p ordinary		SWAP		Decreasing Short		2,305	12.4065  GBP
5p ordinary		SWAP		Decreasing Short		100	12.4206  GBP
5p ordinary		SWAP		Decreasing Short		10,253	12.4251  GBP
5p ordinary		SWAP		Decreasing Short		3,300	12.4291  GBP
5p ordinary		SWAP		Decreasing Short		553	12.4319  GBP
5p ordinary		SWAP		Decreasing Short		20	12.4400  GBP
5p ordinary		SWAP		Decreasing Short		1,241	12.4425  GBP
5p ordinary		SWAP		Decreasing Short		8,689	12.4433  GBP
5p ordinary		SWAP		Decreasing Short		289	12.4469  GBP
5p ordinary		SWAP		Decreasing Short		13,550	12.4574  GBP
5p ordinary		SWAP		Decreasing Short		283	12.4590  GBP
5p ordinary		SWAP		Decreasing Short		22,394	12.4600  GBP
5p ordinary		SWAP		Increasing Short		1,178	12.4019  GBP
5p ordinary		SWAP		Increasing Short		5,078	12.4121  GBP
5p ordinary		SWAP		Increasing Short		5,401	12.4144  GBP
5p ordinary		SWAP		Increasing Short		1,203	12.4176  GBP
5p ordinary		SWAP		Increasing Short		12,066	12.4205  GBP
5p ordinary		SWAP		Increasing Short		168,779	12.4208  GBP
5p ordinary		SWAP		Increasing Short		68,275	12.4265  GBP
5p ordinary		SWAP		Increasing Short		13,521	12.4318  GBP
5p ordinary		SWAP		Increasing Short		11,813	12.4336  GBP
5p ordinary		SWAP		Increasing Short		76	12.4350  GBP
5p ordinary		SWAP		Increasing Short		663	12.4352  GBP
5p ordinary		SWAP		Increasing Short		103,519	12.4436  GBP
5p ordinary		SWAP		Increasing Short		11,194	12.4479  GBP
5p ordinary		SWAP		Increasing Short		15,168	12.4565  GBP
5p ordinary		SWAP		Increasing Short		227,887	12.4600  GBP
5p ordinary		CFD		Decreasing Short		947	12.4074  GBP
5p ordinary		CFD		Increasing Short		1,030	12.3677  GBP
5p ordinary		CFD		Increasing Short		1	12.4000  GBP
5p ordinary		CFD		Increasing Short		18,761	12.4116  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:				27 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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