Form 8.5 (EPT/RI) - BEAZLEY PLC

GoldmanSachs International

02 April 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:	01 April 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	2,502,999	12.7040 GBP	12.6750 GBP
5p ordinary	Sales	554,241	12.7000 GBP	12.6660 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	239	12.6660 GBP
5p ordinary	CFD	Reducing a short position	7,035	12.6660 GBP
5p ordinary	CFD	Closing a short position	706	12.6660 GBP
5p ordinary	CFD	Reducing a short position	71	12.6660 GBP
5p ordinary	CFD	Closing a short position	24	12.6660 GBP
5p ordinary	CFD	Closing a short position	889	12.6660 GBP
5p ordinary	CFD	Reducing a short position	412	12.6660 GBP
5p ordinary	CFD	Reducing a short position	22,058	12.6661 GBP
5p ordinary	CFD	Reducing a short position	597	12.6687 GBP
5p ordinary	CFD	Increasing a short position	1,208,106	12.6797 GBP
5p ordinary	CFD	Increasing a short position	24	12.6802 GBP
5p ordinary	CFD	Increasing a short position	64	12.6819 GBP
5p ordinary	CFD	Increasing a short position	645	12.6819 GBP
5p ordinary	CFD	Reducing a short position	3,327	12.6860 GBP
5p ordinary	CFD	Increasing a short position	600,000	12.6863 GBP
5p ordinary	CFD	Increasing a short position	246	12.6864 GBP
5p ordinary	CFD	Increasing a short position	906	12.6872 GBP
5p ordinary	CFD	Increasing a short position	94,358	12.6883 GBP
5p ordinary	CFD	Reducing a short position	1,048	12.6886 GBP
5p ordinary	CFD	Reducing a short position	84	12.6887 GBP
5p ordinary	CFD	Opening a short position	50	12.6888 GBP
5p ordinary	CFD	Increasing a short position	17,844	12.6892 GBP
5p ordinary	CFD	Increasing a short position	10,484	12.6894 GBP
5p ordinary	CFD	Reducing a short position	95	12.6915 GBP
5p ordinary	CFD	Increasing a short position	92,010	12.6920 GBP
5p ordinary	CFD	Increasing a short position	1,553	12.6934 GBP
5p ordinary	CFD	Closing a long position	135	12.6975 GBP
5p ordinary	CFD	Increasing a short position	1,225	12.6984 GBP
5p ordinary	CFD	Increasing a short position	3,229	12.7002 GBP
5p ordinary	CFD	Reducing a long position	160	12.7010 GBP
5p ordinary	CFD	Opening a short position	546	12.7019 GBP
5p ordinary	CFD	Reducing a long position	197	12.7019 GBP
5p ordinary	CFD	Reducing a long position	1,792	12.7025 GBP
5p ordinary	CFD	Reducing a long position	765	12.7025 GBP
5p ordinary	CFD	Reducing a long position	722	12.7025 GBP
5p ordinary	CFD	Opening a short position	662	12.7040 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:	02 April 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