Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

26 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:				25 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:			12,951,499	2.16%	3,779,712	0.63%
(2)	Cash-settled derivatives:
	and/or controlled:			388,370	0.06%	12,267,191	2.05%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,339,869	2.23%	16,046,903	2.68%
(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		1,045,808		12.6700  GBP	12.6500  GBP
5p ordinary		Sale		141,276		12.6600  GBP	12.6491  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		39,240	12.6361  GBP
5p ordinary		SWAP		Increasing Short		39,240	12.6361  GBP
5p ordinary		SWAP		Increasing Short		260,000	12.6500  GBP
5p ordinary		SWAP		Increasing Short		28,651	12.6572  GBP
5p ordinary		SWAP		Decreasing Short		12,756	12.6407  GBP
5p ordinary		SWAP		Decreasing Short		949	12.6450  GBP
5p ordinary		SWAP		Decreasing Short		9,419	12.6491  GBP
5p ordinary		SWAP		Decreasing Short		2,955	12.6500  GBP
5p ordinary		SWAP		Decreasing Short		16,357	12.6511  GBP
5p ordinary		SWAP		Decreasing Short		247	12.6547  GBP
5p ordinary		SWAP		Decreasing Short		106	12.6589  GBP
5p ordinary		SWAP		Decreasing Short		7,981	12.6591  GBP
5p ordinary		SWAP		Decreasing Short		183	12.6598  GBP
5p ordinary		SWAP		Decreasing Short		3,915	12.6600  GBP
5p ordinary		SWAP		Decreasing Short		761	12.6611  GBP
5p ordinary		SWAP		Increasing Short		21,335	12.6500  GBP
5p ordinary		SWAP		Increasing Short		65,950	12.6501  GBP
5p ordinary		SWAP		Increasing Short		11,250	12.6503  GBP
5p ordinary		SWAP		Increasing Short		83,283	12.6506  GBP
5p ordinary		SWAP		Increasing Short		61,271	12.6511  GBP
5p ordinary		SWAP		Increasing Short		88,537	12.6521  GBP
5p ordinary		SWAP		Increasing Short		14,590	12.6524  GBP
5p ordinary		SWAP		Increasing Short		28,863	12.6529  GBP
5p ordinary		SWAP		Increasing Short		8,761	12.6547  GBP
5p ordinary		SWAP		Increasing Short		40,248	12.6599  GBP
5p ordinary		SWAP		Increasing Short		72,834	12.6600  GBP
5p ordinary		SWAP		Increasing Short		2,423	12.6601  GBP
5p ordinary		CFD		Decreasing Short		717	12.6491  GBP
5p ordinary		CFD		Decreasing Short		23,435	12.6607  GBP
5p ordinary		CFD		Increasing Short		96,980	12.6587  GBP
5p ordinary		CFD		Increasing Short		46,870	12.6607  GBP
5p ordinary		CFD		Increasing Short		717	12.6700  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:				26 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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