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:	05 March 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	1,213,576	12.9004 GBP	12.8700 GBP
	Sale	1,468,878	12.9000 GBP	12.8700 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	19,966	12.8800 GBP
			63,552	12.8802 GBP
			25,461	12.8806 GBP
			6,883	12.8807 GBP
			33,677	12.8815 GBP
			79,804	12.8851 GBP
			745	12.8859 GBP
			117,655	12.8889 GBP
			7,053	12.8892 GBP
			2,345	12.8894 GBP
			3,784	12.8898 GBP
			1,571	12.8900 GBP
			5,000	12.8907 GBP
			400	12.9000 GBP
		Decrease Short	1,844	12.8787 GBP
			577	12.8797 GBP
			124	12.8798 GBP
			22,742	12.8801 GBP
			807	12.8804 GBP
			174,185	12.8805 GBP
			13,500	12.8808 GBP
			55,651	12.8814 GBP
			5,284	12.8822 GBP
			538	12.8896 GBP
			292	12.8899 GBP
			4,263	12.8908 GBP
		Increase Long	40,900	12.8791 GBP
			2,055	12.8794 GBP
			2,091	12.8800 GBP
			3,218	12.8805 GBP
			38,325	12.8872 GBP
			21,408	12.8900 GBP
			4,334	12.8901 GBP
			6,026	12.8921 GBP
			2,110	12.8972 GBP
			128	12.9000 GBP
		Increase Short	177,294	12.8800 GBP
			1,246	12.8883 GBP
			18,187	12.8897 GBP
			116,224	12.8911 GBP
			904	12.8950 GBP
			8,700	12.9004 GBP
		Opening a long position	54,306	12.8781 GBP
			2,803	12.8797 GBP
			38,011	12.8800 GBP
			669	12.8817 GBP
			59,241	12.8842 GBP
		Opening a short position	117,019	12.8800 GBP
			1,384	12.8969 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