Form 8.5 (EPT/RI)-Beazley plc Amend

JPMorgan Securities Plc

17 February 2026

 

AMENDMENT

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader:	J.P. Morgan Securities Plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Beazley plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Corporate Broker and Financial Adviser to Beazley Plc
(d) Date dealing undertaken:	12 February 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
5p ordinary	Purchase	912,413	12.4500 GBP	12.2850 GBP
	Sale	455,724	12.4500 GBP	12.2753 GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
5p ordinary	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short Opening a long position Opening a short position	112  30  18  1  9,937  400  2,904  39  333  79  242  35,624  4,700  17,663  5,483  873  4,200  83  521  22,715  8,570  23,810  488  3,113  6,187  5,928  770  105  1,536  1,292  58,887  5,530  29,065  4,883  795  19,988  50,000  4,572  49,946  1,376  58,889  1  7,937  36,209  600  8,843  7,790  526  2  7,652  16,922  24,984  365  34,527  1,876  25  931  7,033  12,652  1,637  21,559  1,534  7,066  1,980  431  2,387  407,138	12.3456 GBP 12.3675 GBP 12.3678 GBP 12.3706 GBP 12.3817 GBP 12.3850 GBP 12.3878 GBP 12.4161 GBP 12.2753 GBP 12.3193 GBP 12.3247 GBP 12.3446 GBP 12.3491 GBP 12.3529 GBP 12.3538 GBP 12.3600 GBP 12.3679 GBP 12.3681 GBP 12.3695 GBP 12.3696 GBP 12.3700 GBP 12.3740 GBP 12.3800 GBP 12.3832 GBP 12.3864 GBP 12.3923 GBP 12.3927 GBP 12.3997 GBP 12.4052 GBP 12.4175 GBP 12.4207 GBP 12.4293 GBP 12.4471 GBP 12.3641 GBP 12.3694 GBP 12.3696 GBP 12.2909 GBP 12.3024 GBP 12.3348 GBP 12.3496 GBP 12.3587 GBP 12.3600 GBP 12.3700 GBP 12.3702 GBP 12.3703 GBP 12.3704 GBP 12.3707 GBP 12.3712 GBP 12.3713 GBP 12.3800 GBP 12.3834 GBP 12.3986 GBP 12.4005 GBP 12.4029 GBP 12.4032 GBP 12.4220 GBP 12.4244 GBP 12.3257 GBP 12.3390 GBP 12.3509 GBP 12.3700 GBP 12.3928 GBP 12.4034 GBP 12.4085 GBP 12.3404 GBP 12.3450 GBP 12.3700 GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

3.         OTHER INFORMATION

(a)        Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

Date of disclosure:	17 February 2026
Contact name:	Hetvi Shah
Telephone number:	44 2034 936359

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END