Form 8.5 (EPT/RI) - Beazley PLC

GoldmanSachs International

12 February 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:	(GS) GOLDMAN SACHS INTERNATIONAL
(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:	11 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 the 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	Purchases	694,682	12.3500 GBP	12.1400 GBP
5p ordinary	Sales	2,180,008	12.3500 GBP	12.1400 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	Reducing a short position	937	12.1476 GBP
5p ordinary	CFD	Reducing a short position	2,500	12.1476 GBP
5p ordinary	CFD	Increasing a short position	1,875	12.1685 GBP
5p ordinary	CFD	Increasing a short position	5,000	12.1685 GBP
5p ordinary	CFD	Increasing a short position	2,331	12.2031 GBP
5p ordinary	CFD	Reducing a short position	258	12.2069 GBP
5p ordinary	CFD	Increasing a short position	20,656	12.2185 GBP
5p ordinary	CFD	Reducing a short position	12,946	12.2200 GBP
5p ordinary	CFD	Reducing a short position	4,216	12.2230 GBP
5p ordinary	CFD	Opening a short position	175,000	12.2234 GBP
5p ordinary	CFD	Opening a short position	8,987	12.2269 GBP
5p ordinary	CFD	Increasing a short position	11,872	12.2298 GBP
5p ordinary	CFD	Reducing a short position	1,679	12.2359 GBP
5p ordinary	CFD	Opening a short position	63,522	12.2366 GBP
5p ordinary	CFD	Reducing a short position	423	12.2388 GBP
5p ordinary	CFD	Opening a short position	37,500	12.2393 GBP
5p ordinary	CFD	Reducing a short position	786	12.2397 GBP
5p ordinary	CFD	Reducing a short position	5,000	12.2476 GBP
5p ordinary	CFD	Reducing a short position	247	12.2488 GBP
5p ordinary	CFD	Increasing a short position	30,883	12.2498 GBP
5p ordinary	CFD	Reducing a short position	1,324	12.2518 GBP
5p ordinary	CFD	Reducing a short position	257	12.2566 GBP
5p ordinary	CFD	Reducing a short position	2	12.2598 GBP
5p ordinary	CFD	Reducing a short position	2,231	12.2641 GBP
5p ordinary	CFD	Increasing a short position	67	12.2658 GBP
5p ordinary	CFD	Reducing a short position	8,368	12.2679 GBP
5p ordinary	CFD	Reducing a short position	1,258	12.2680 GBP
5p ordinary	CFD	Reducing a short position	15,969	12.2681 GBP
5p ordinary	CFD	Increasing a long position	4,117	12.2682 GBP
5p ordinary	CFD	Reducing a short position	199	12.2696 GBP
5p ordinary	CFD	Reducing a short position	541	12.2696 GBP
5p ordinary	CFD	Reducing a short position	66,406	12.2698 GBP
5p ordinary	CFD	Increasing a short position	8,400	12.2698 GBP
5p ordinary	CFD	Increasing a short position	258	12.2700 GBP
5p ordinary	CFD	Increasing a short position	20,134	12.2702 GBP
5p ordinary	CFD	Increasing a short position	18,004	12.2715 GBP
5p ordinary	CFD	Increasing a short position	16,000	12.2716 GBP
5p ordinary	CFD	Increasing a short position	139	12.2716 GBP
5p ordinary	CFD	Increasing a short position	356	12.2719 GBP
5p ordinary	CFD	Reducing a short position	6	12.2723 GBP
5p ordinary	CFD	Reducing a short position	1,982	12.2729 GBP
5p ordinary	CFD	Reducing a short position	4,445	12.2730 GBP
5p ordinary	CFD	Reducing a short position	25,921	12.2730 GBP
5p ordinary	CFD	Increasing a short position	36,767	12.2736 GBP
5p ordinary	CFD	Increasing a short position	3,132	12.2738 GBP
5p ordinary	CFD	Increasing a short position	1,520	12.2748 GBP
5p ordinary	CFD	Increasing a short position	374	12.2751 GBP
5p ordinary	CFD	Reducing a short position	25,000	12.2754 GBP
5p ordinary	CFD	Increasing a short position	174	12.2763 GBP
5p ordinary	CFD	Increasing a short position	20,000	12.2833 GBP
5p ordinary	CFD	Increasing a short position	59,365	12.2898 GBP
5p ordinary	CFD	Increasing a short position	749	12.3082 GBP
5p ordinary	CFD	Increasing a short position	18,307	12.3098 GBP
5p ordinary	CFD	Reducing a short position	22	12.3106 GBP
5p ordinary	CFD	Reducing a short position	99	12.3499 GBP
5p ordinary	SWAP^	Increasing a long position	631,666	12.3500 GBP

^Please note this product is part of a basket of securities for which BEAZLEY PLC is a component

(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:	12 February 2026
Contact name:	Papa Lette and Andrzej Szyszka
Telephone number:	[phone] / [phone]

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 disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END