Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

20 March 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:				19 Mar 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:			10,387,108	1.73%	3,656,274	0.61%
(2)	Cash-settled derivatives:
	and/or controlled:			270,409	0.05%	9,672,742	1.61%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			10,657,517	1.78%	13,329,016	2.22%
(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		733,495		12.6700  GBP	12.6474  GBP
5p ordinary		Sale		1,454,946		12.6700  GBP	12.6500  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		25,771	12.6571  GBP
5p ordinary		SWAP		Decreasing Short		76,239	12.6500  GBP
5p ordinary		SWAP		Decreasing Short		46,527	12.6504  GBP
5p ordinary		SWAP		Decreasing Short		221,919	12.6524  GBP
5p ordinary		SWAP		Decreasing Short		34,755	12.6532  GBP
5p ordinary		SWAP		Decreasing Short		28,504	12.6537  GBP
5p ordinary		SWAP		Decreasing Short		357,551	12.6539  GBP
5p ordinary		SWAP		Decreasing Short		6,691	12.6540  GBP
5p ordinary		SWAP		Decreasing Short		36,094	12.6551  GBP
5p ordinary		SWAP		Decreasing Short		35,285	12.6555  GBP
5p ordinary		SWAP		Decreasing Short		4,833	12.6556  GBP
5p ordinary		SWAP		Decreasing Short		8,841	12.6572  GBP
5p ordinary		SWAP		Decreasing Short		2,854	12.6576  GBP
5p ordinary		SWAP		Decreasing Short		135	12.6589  GBP
5p ordinary		SWAP		Decreasing Short		19,474	12.6595  GBP
5p ordinary		SWAP		Decreasing Short		1,260	12.6598  GBP
5p ordinary		SWAP		Decreasing Short		24,128	12.6600  GBP
5p ordinary		SWAP		Decreasing Short		1,306	12.6605  GBP
5p ordinary		SWAP		Decreasing Short		59	12.6698  GBP
5p ordinary		SWAP		Increasing Short		5,498	12.6500  GBP
5p ordinary		SWAP		Increasing Short		36,021	12.6502  GBP
5p ordinary		SWAP		Increasing Short		525	12.6558  GBP
5p ordinary		SWAP		Increasing Short		58,122	12.6568  GBP
5p ordinary		SWAP		Increasing Short		10,674	12.6573  GBP
5p ordinary		SWAP		Increasing Short		34,492	12.6579  GBP
5p ordinary		SWAP		Increasing Short		854	12.6600  GBP
5p ordinary		SWAP		Increasing Short		165	12.6601  GBP
5p ordinary		SWAP		Increasing Short		5,669	12.6624  GBP
5p ordinary		SWAP		Increasing Short		779	12.6650  GBP
5p ordinary		SWAP		Increasing Short		111,733	12.6659  GBP
5p ordinary		SWAP		Increasing Short		23,524	12.6668  GBP
5p ordinary		SWAP		Increasing Short		141,884	12.6691  GBP
5p ordinary		SWAP		Increasing Short		4,070	12.6700  GBP
5p ordinary		CFD		Decreasing Short		321	12.6592  GBP
5p ordinary		CFD		Decreasing Short		1,494	12.6691  GBP
5p ordinary		CFD		Increasing Short		16,835	12.6500  GBP
5p ordinary		CFD		Increasing Short		1,494	12.6508  GBP
5p ordinary		CFD		Increasing Short		91	12.6543  GBP
5p ordinary		CFD		Increasing Short		7,029	12.6644  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:				20 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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