Form 8.5 (EPT/RI)-Beazley plc Amend

JPMorgan Securities Plc

17 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:	13 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	582,870	12.8813 GBP	12.8700 GBP
	Sale	247,496	12.8800 GBP	12.8541 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	552	12.8700 GBP
			24,587	12.8735 GBP
			9,165	12.8791 GBP
			28	12.8793 GBP
			4,105	12.8798 GBP
			23,008	12.8800 GBP
			12,973	12.8806 GBP
		Decrease Short	13,331	12.8541 GBP
			13,938	12.8660 GBP
			482	12.8696 GBP
			1,048	12.8720 GBP
			347	12.8740 GBP
			980	12.8753 GBP
			2,555	12.8765 GBP
			32	12.8766 GBP
			4	12.8775 GBP
			160	12.8796 GBP
			100	12.8799 GBP
		Increase Long	15	12.8700 GBP
			3,904	12.8757 GBP
			7,887	12.8786 GBP
			3,998	12.8788 GBP
			3,900	12.8791 GBP
			742	12.8794 GBP
			939	12.8799 GBP
			11,619	12.8800 GBP
		Increase Short	1,856	12.8708 GBP
			1,898	12.8777 GBP
			193	12.8779 GBP
			6,000	12.8781 GBP
			91,748	12.8787 GBP
			4,427	12.8791 GBP
			68,822	12.8800 GBP
			17,454	12.8801 GBP
			50,000	12.8803 GBP
			2,375	12.8813 GBP
			37,452	12.8893 GBP
		Opening a long position	12,186	12.8800 GBP
		Opening a short position	6,781	12.8758 GBP
			4,153	12.8792 GBP
			222,400	12.8797 GBP
			1,252	12.8802 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 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