Form 8.5 (EPT/RI)- Beazley plc Amend

JPMorgan Securities Plc

16 March 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:	23 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	1,687,910	12.2500 GBP	12.1700 GBP
	Sale	673,112	12.2500 GBP	12.1691 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	1	12.1706 GBP
			3,684	12.1973 GBP
			24,077	12.1988 GBP
			370	12.1989 GBP
			1,400	12.2221 GBP
		Decrease Short	483	12.1688 GBP
			10,493	12.1696 GBP
			6,705	12.1700 GBP
			7,011	12.1775 GBP
			63	12.1790 GBP
			100	12.1794 GBP
			6,325	12.1863 GBP
			18,297	12.1883 GBP
			535	12.1924 GBP
			1,470	12.1936 GBP
			5,308	12.1977 GBP
			15,156	12.2076 GBP
			1,024	12.2151 GBP
			27,744	12.2165 GBP
			2,943	12.2228 GBP
			3,070	12.2290 GBP
		Increase Long	16	12.1691 GBP
			17	12.1694 GBP
			962	12.1695 GBP
			8,328	12.1723 GBP
			16,983	12.1996 GBP
			3,400	12.2191 GBP
		Increase Short	51,971	12.1700 GBP
			910	12.1702 GBP
			35,000	12.1706 GBP
			8,269	12.1720 GBP
			32,287	12.1778 GBP
			6	12.1800 GBP
			62	12.1815 GBP
			134	12.1900 GBP
			125,000	12.1912 GBP
			125,000	12.1927 GBP
			1,014	12.1964 GBP
			7,437	12.1968 GBP
			7,437	12.1980 GBP
			2,754	12.1996 GBP
			50,000	12.2006 GBP
			185,360	12.2022 GBP
			7,857	12.2036 GBP
			6,250	12.2073 GBP
			473,013	12.2085 GBP
			84	12.2115 GBP
			6,247	12.2129 GBP
			1,068	12.2188 GBP
			7,298	12.2194 GBP
			6,871	12.2297 GBP
		Opening a long position	2,086	12.1700 GBP
			1,694	12.1968 GBP
		Opening a short position	3,029	12.1700 GBP
			306	12.1804 GBP
			445	12.2104 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:	16 March 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