Form 8.5 (EPT/RI) - Beazley plc

UBS AG (EPT)

20 January 2026

 

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:	UBS Investment Bank, London
(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:	Zurich Insurance Group Ltd
(d) Date dealing undertaken:	19 January 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"	NA

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	Buy	2499813	11.82027        GBP	8.18500        GBP
5p ordinary	Sell	1924886	11.75882        GBP	8.18500        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	CFD	Long	15000	11.49448133        GBP
5p ordinary	CFD	Long	81773	11.7        GBP
5p ordinary	CFD	Long	50718	11.39        GBP
5p ordinary	CFD	Long	82031	11.5652515110759        GBP
5p ordinary	CFD	Long	32229	9.96657413        GBP
5p ordinary	CFD	Long	46	8.23239130434783        GBP
5p ordinary	CFD	Long	43733	11.6687        GBP
5p ordinary	CFD	Long	6560	11.676        GBP
5p ordinary	CFD	Long	130	11.6998        GBP
5p ordinary	CFD	Long	478	11.4098        GBP
5p ordinary	CFD	Long	389	11.4237        GBP
5p ordinary	CFD	Long	26473	11.403777        GBP
5p ordinary	CFD	Long	15943	11.49982872        GBP
5p ordinary	CFD	Long	15261	11.716308        GBP
5p ordinary	CFD	Long	36198	11.459577        GBP
5p ordinary	CFD	Long	32607	11.54279204        GBP
5p ordinary	CFD	Long	7251	11.643552        GBP
5p ordinary	CFD	Long	2485	9.31239466        GBP
5p ordinary	CFD	Long	1379	10.80773024        GBP
5p ordinary	CFD	Long	1787	11.65100713        GBP
5p ordinary	CFD	Long	43016	11.5652491012637        GBP
5p ordinary	CFD	Long	2500	11.504        GBP
5p ordinary	CFD	Long	12329	11.66784875        GBP
5p ordinary	CFD	Long	5909	11.66158402        GBP
5p ordinary	CFD	Long	34943	11.682663        GBP
5p ordinary	CFD	Long	1670	9.89973054        GBP
5p ordinary	CFD	Short	22315	11.7008774999776        GBP
5p ordinary	CFD	Short	350000	11.55669229        GBP
5p ordinary	CFD	Short	36243	11.4614698        GBP
5p ordinary	CFD	Short	791	11.4233        GBP
5p ordinary	CFD	Short	122480	11.561216956241        GBP
5p ordinary	CFD	Short	42553	11.7008775000117        GBP
5p ordinary	CFD	Short	32510	11.7        GBP
5p ordinary	CFD	Short	46508	10.82718565        GBP
5p ordinary	CFD	Short	976	10.961362        GBP
5p ordinary	CFD	Short	225008	11.8202684        GBP
5p ordinary	CFD	Short	3971	8.191318        GBP
5p ordinary	CFD	Short	416	8.21012        GBP
5p ordinary	CFD	Short	129288	11.5346        GBP
5p ordinary	CFD	Short	64226	11.5612161861888        GBP
5p ordinary	CFD	Short	14827	11.4894193        GBP
5p ordinary	CFD	Short	33252	11.56412667        GBP
5p ordinary	CFD	Short	20000	11.44136        GBP
5p ordinary	CFD	Short	2500	11.32        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 January 2026
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

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