Form 8.5 (EPT/RI) - Beazley plc

UBS AG (EPT)

19 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:	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:	18 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 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	1917072	12.18230        GBP	12.09488        GBP
5p Ordinary	Sell	2297210	12.16531        GBP	12.09000        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	10471	12.118971        GBP
5p Ordinary	CFD	Long	63	12.109568        GBP
5p Ordinary	CFD	Long	38355	12.13        GBP
5p Ordinary	CFD	Long	41963	12.165        GBP
5p Ordinary	CFD	Long	74372	12.130426        GBP
5p Ordinary	CFD	Long	29506	12.09807399        GBP
5p Ordinary	CFD	Long	96345	12.137274        GBP
5p Ordinary	CFD	Long	157405	12.111971        GBP
5p Ordinary	CFD	Long	387	12.10957615        GBP
5p Ordinary	CFD	Long	59692	12.09807389        GBP
5p Ordinary	CFD	Long	19811	12.105511        GBP
5p Ordinary	CFD	Long	734	12.150708        GBP
5p Ordinary	CFD	Long	645	12.12482171        GBP
5p Ordinary	CFD	Long	16678	12.1433763        GBP
5p Ordinary	CFD	Long	584	12.108082        GBP
5p Ordinary	CFD	Long	42574	12.117577        GBP
5p Ordinary	CFD	Long	492	12.099819        GBP
5p Ordinary	CFD	Short	881	12.141214        GBP
5p Ordinary	CFD	Short	136	12.1400281470588        GBP
5p Ordinary	CFD	Short	3097	12.123134        GBP
5p Ordinary	CFD	Short	3464	12.11023        GBP
5p Ordinary	CFD	Short	1014	12.121654        GBP
5p Ordinary	CFD	Short	716	12.12914        GBP
5p Ordinary	CFD	Short	524	12.128923        GBP
5p Ordinary	CFD	Short	517	12.127738        GBP
5p Ordinary	CFD	Short	437	12.154202        GBP
5p Ordinary	CFD	Short	417	12.182314        GBP
5p Ordinary	CFD	Short	1536	12.12079427        GBP
5p Ordinary	CFD	Short	6596	12.123139        GBP
5p Ordinary	CFD	Short	2160	12.121659        GBP
5p Ordinary	CFD	Short	1523	12.129139        GBP
5p Ordinary	CFD	Short	1116	12.128901        GBP
5p Ordinary	CFD	Short	1102	12.127743        GBP
5p Ordinary	CFD	Short	928	12.154196        GBP
5p Ordinary	CFD	Short	290	12.1400139482759        GBP
5p Ordinary	CFD	Short	22196	12.1207        GBP
5p Ordinary	CFD	Short	337	12.12501484        GBP
5p Ordinary	CFD	Short	46714	12.13        GBP
5p Ordinary	CFD	Short	41164	12.11        GBP
5p Ordinary	CFD	Short	124	12.1101        GBP
5p Ordinary	CFD	Short	1089	12.1102        GBP
5p Ordinary	CFD	Short	401	12.1105        GBP
5p Ordinary	CFD	Short	914	12.1252486        GBP
5p Ordinary	CFD	Short	25218	12.136338        GBP
5p Ordinary	CFD	Short	45362	12.1191        GBP
5p Ordinary	CFD	Short	926	12.118207        GBP
5p Ordinary	CFD	Short	4846	12.14796007        GBP
5p Ordinary	CFD	Short	50000	12.117105        GBP
5p Ordinary	CFD	Short	123388	12.1311        GBP
5p Ordinary	CFD	Short	27118	12.15243        GBP
5p Ordinary	CFD	Short	270	12.118667        GBP
5p Ordinary	CFD	Short	12385	12.1615001        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:	19 February 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