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:				24 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:			12,077,683	2.01%	3,810,428	0.64%
(2)	Cash-settled derivatives:
	and/or controlled:			393,153	0.07%	11,419,192	1.90%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,470,836	2.08%	15,229,620	2.54%
(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		621,065		12.6606  GBP	12.6437  GBP
5p ordinary		Sale		152,911		12.6612  GBP	12.6360  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		100,000	12.6488  GBP
5p ordinary		SWAP		Increasing Short		26,294	12.6536  GBP
5p ordinary		SWAP		Decreasing Short		4,622	12.6423  GBP
5p ordinary		SWAP		Decreasing Short		927	12.6424  GBP
5p ordinary		SWAP		Decreasing Short		2,946	12.6450  GBP
5p ordinary		SWAP		Decreasing Short		41	12.6489  GBP
5p ordinary		SWAP		Decreasing Short		16,790	12.6506  GBP
5p ordinary		SWAP		Decreasing Short		327	12.6518  GBP
5p ordinary		SWAP		Decreasing Short		15,640	12.6544  GBP
5p ordinary		SWAP		Decreasing Short		73	12.6549  GBP
5p ordinary		SWAP		Decreasing Short		910	12.6591  GBP
5p ordinary		SWAP		Decreasing Short		5,311	12.6600  GBP
5p ordinary		SWAP		Increasing Short		5,978	12.6485  GBP
5p ordinary		SWAP		Increasing Short		12,102	12.6500  GBP
5p ordinary		SWAP		Increasing Short		51,939	12.6557  GBP
5p ordinary		SWAP		Increasing Short		7,266	12.6569  GBP
5p ordinary		SWAP		Increasing Short		15,595	12.6575  GBP
5p ordinary		SWAP		Increasing Short		22,125	12.6577  GBP
5p ordinary		SWAP		Increasing Short		25,000	12.6592  GBP
5p ordinary		SWAP		Increasing Short		200,930	12.6594  GBP
5p ordinary		SWAP		Increasing Short		743	12.6600  GBP
5p ordinary		SWAP		Increasing Short		1,091	12.6601  GBP
5p ordinary		SWAP		Increasing Short		23,612	12.6606  GBP
5p ordinary		CFD		Decreasing Short		721	12.6591  GBP
5p ordinary		CFD		Increasing Short		721	12.6408  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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