Form 8.5 (EPT/RI)-Beazley plc Amend

JPMorgan Securities Plc

20 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:	06 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	2,323,999	12.9001 GBP	12.8800 GBP
	Sale	947,851	12.9000 GBP	12.8792 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	86,760	12.8900 GBP
			661	12.8906 GBP
			932	12.8909 GBP
			51,621	12.8910 GBP
			228	12.8913 GBP
			200	12.8950 GBP
		Decrease Short	17,374	12.8796 GBP
			468	12.8821 GBP
			1,202	12.8863 GBP
			1,384	12.8875 GBP
			48	12.8887 GBP
			6,385	12.8890 GBP
			157,689	12.8891 GBP
			40,126	12.8897 GBP
			1,650	12.8899 GBP
			149,044	12.8900 GBP
			17,709	12.8902 GBP
			2,100	12.8914 GBP
			6,931	12.8916 GBP
			4,964	12.8921 GBP
			26,154	12.8936 GBP
			35,236	12.8954 GBP
			5,649	12.8962 GBP
		Increase Long	1,925	12.8792 GBP
			38,713	12.8842 GBP
			10,438	12.8857 GBP
			6,144	12.8882 GBP
			420	12.8887 GBP
			48	12.8888 GBP
			11,000	12.8891 GBP
			21,017	12.8892 GBP
			2,128	12.8896 GBP
			510	12.8898 GBP
			10,200	12.8908 GBP
			5,815	12.8942 GBP
			70	12.8992 GBP
		Increase Short	429	12.8800 GBP
			4,646	12.8896 GBP
			65,906	12.8897 GBP
			109,248	12.8900 GBP
			848	12.8903 GBP
			645	12.8904 GBP
			3	12.8950 GBP
			1,500,000	12.8965 GBP
			567	12.8974 GBP
			107,186	12.8989 GBP
			7,247	12.9001 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:	20 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