Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

16 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:				13 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:			9,625,410	1.61%	5,003,692	0.83%
(2)	Cash-settled derivatives:
	and/or controlled:			588,791	0.10%	8,134,638	1.36%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			10,214,201	1.70%	13,138,330	2.19%
(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		1,252,360		12.4600  GBP	12.3000  GBP
5p ordinary		Sale		1,042,944		12.4600  GBP	12.2997  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		3,195	12.3452  GBP
5p ordinary		SWAP		Increasing Short		22,049	12.3453  GBP
5p ordinary		SWAP		Decreasing Short		8,810	12.2997  GBP
5p ordinary		SWAP		Decreasing Short		162,212	12.3000  GBP
5p ordinary		SWAP		Decreasing Short		2,691	12.3175  GBP
5p ordinary		SWAP		Decreasing Short		123,566	12.3204  GBP
5p ordinary		SWAP		Decreasing Short		613	12.3215  GBP
5p ordinary		SWAP		Decreasing Short		799	12.3244  GBP
5p ordinary		SWAP		Decreasing Short		4,002	12.3263  GBP
5p ordinary		SWAP		Decreasing Short		13,292	12.3271  GBP
5p ordinary		SWAP		Decreasing Short		3,264	12.3336  GBP
5p ordinary		SWAP		Decreasing Short		2,042	12.3363  GBP
5p ordinary		SWAP		Decreasing Short		2,380	12.3368  GBP
5p ordinary		SWAP		Decreasing Short		14,651	12.3411  GBP
5p ordinary		SWAP		Decreasing Short		27,552	12.3475  GBP
5p ordinary		SWAP		Decreasing Short		11,163	12.3553  GBP
5p ordinary		SWAP		Decreasing Short		14,988	12.3568  GBP
5p ordinary		SWAP		Decreasing Short		2,136	12.3770  GBP
5p ordinary		SWAP		Decreasing Short		53,995	12.3805  GBP
5p ordinary		SWAP		Decreasing Short		1,456	12.3812  GBP
5p ordinary		SWAP		Decreasing Short		956	12.3874  GBP
5p ordinary		SWAP		Decreasing Short		1,196	12.3896  GBP
5p ordinary		SWAP		Decreasing Short		3,463	12.3993  GBP
5p ordinary		SWAP		Decreasing Short		137	12.4073  GBP
5p ordinary		SWAP		Decreasing Short		2,449	12.4234  GBP
5p ordinary		SWAP		Increasing Short		145,255	12.3000  GBP
5p ordinary		SWAP		Increasing Short		58,061	12.3006  GBP
5p ordinary		SWAP		Increasing Short		1,336	12.3008  GBP
5p ordinary		SWAP		Increasing Short		2,813	12.3024  GBP
5p ordinary		SWAP		Increasing Short		9,584	12.3034  GBP
5p ordinary		SWAP		Increasing Short		25,899	12.3037  GBP
5p ordinary		SWAP		Increasing Short		23	12.3086  GBP
5p ordinary		SWAP		Increasing Short		5,348	12.3087  GBP
5p ordinary		SWAP		Increasing Short		17,955	12.3130  GBP
5p ordinary		SWAP		Increasing Short		18,143	12.3157  GBP
5p ordinary		SWAP		Increasing Short		7,300	12.3195  GBP
5p ordinary		SWAP		Increasing Short		806	12.3224  GBP
5p ordinary		SWAP		Increasing Short		90,751	12.3407  GBP
5p ordinary		SWAP		Increasing Short		93,082	12.3461  GBP
5p ordinary		SWAP		Increasing Short		16,237	12.3552  GBP
5p ordinary		SWAP		Increasing Short		6,186	12.3562  GBP
5p ordinary		SWAP		Increasing Short		11,957	12.3582  GBP
5p ordinary		SWAP		Increasing Short		88	12.3609  GBP
5p ordinary		SWAP		Increasing Short		28,878	12.3639  GBP
5p ordinary		SWAP		Increasing Short		3,949	12.3675  GBP
5p ordinary		SWAP		Increasing Short		869	12.3700  GBP
5p ordinary		SWAP		Increasing Short		14,764	12.3821  GBP
5p ordinary		SWAP		Increasing Short		2,091	12.3955  GBP
5p ordinary		SWAP		Increasing Short		4,299	12.4100  GBP
5p ordinary		SWAP		Increasing Short		91,240	12.4174  GBP
5p ordinary		SWAP		Increasing Short		258	12.4200  GBP
5p ordinary		SWAP		Increasing Short		5,625	12.4375  GBP
5p ordinary		SWAP		Increasing Short		5,625	12.4536  GBP
5p ordinary		CFD		Decreasing Short		11,270	12.3000  GBP
5p ordinary		CFD		Decreasing Short		39,707	12.3212  GBP
5p ordinary		CFD		Decreasing Short		28,019	12.3300  GBP
5p ordinary		CFD		Decreasing Short		1,581	12.3687  GBP
5p ordinary		CFD		Decreasing Short		8	12.3750  GBP
5p ordinary		CFD		Increasing Short		5,498	12.4177  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:				16 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END