Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

26 January 2026

 

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Name of exempt principal trader:				BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose				BEAZLEY PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				BEAZLEY PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				23 Jan 2026
(e)	In addition to the company in 1(b) above, is the exempt principal				NO
	trader making disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			6,873,597	1.15%	5,557,119	0.93%
(2)	Cash-settled derivatives:
	and/or controlled:			1,103,209	0.18%	5,330,089	0.89%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			7,976,806	1.33%	10,887,208	1.82%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
5p ordinary		Purchase		917,115		11.6000  GBP	11.1600  GBP
5p ordinary		Sale		1,934,479		11.6000  GBP	11.1600  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
5p ordinary		SWAP		Decreasing Short		116,886	11.2314  GBP
5p ordinary		SWAP		Decreasing Short		291	11.2091  GBP
5p ordinary		SWAP		Decreasing Short		10,900	11.2724  GBP
5p ordinary		SWAP		Decreasing Short		8,911	11.2985  GBP
5p ordinary		SWAP		Decreasing Short		17,499	11.3060  GBP
5p ordinary		SWAP		Decreasing Short		1,982	11.3276  GBP
5p ordinary		SWAP		Decreasing Short		1,122	11.3294  GBP
5p ordinary		SWAP		Decreasing Short		60,000	11.3309  GBP
5p ordinary		SWAP		Decreasing Short		11	11.3499  GBP
5p ordinary		SWAP		Decreasing Short		50,000	11.3669  GBP
5p ordinary		SWAP		Decreasing Short		487,746	11.3978  GBP
5p ordinary		SWAP		Decreasing Short		32,960	11.4101  GBP
5p ordinary		SWAP		Decreasing Short		325	11.4239  GBP
5p ordinary		SWAP		Decreasing Short		22,267	11.4409  GBP
5p ordinary		SWAP		Decreasing Short		16,590	11.4484  GBP
5p ordinary		SWAP		Decreasing Short		33,065	11.4686  GBP
5p ordinary		SWAP		Decreasing Short		810	11.4737  GBP
5p ordinary		SWAP		Decreasing Short		830	11.4826  GBP
5p ordinary		SWAP		Decreasing Short		43,219	11.4843  GBP
5p ordinary		SWAP		Decreasing Short		42,675	11.5031  GBP
5p ordinary		SWAP		Decreasing Short		792	11.5190  GBP
5p ordinary		SWAP		Decreasing Short		166,948	11.5200  GBP
5p ordinary		SWAP		Decreasing Short		1,800	11.5283  GBP
5p ordinary		SWAP		Decreasing Short		21,539	11.5317  GBP
5p ordinary		SWAP		Decreasing Short		1,071	11.5395  GBP
5p ordinary		SWAP		Decreasing Short		45,826	11.5396  GBP
5p ordinary		SWAP		Decreasing Short		504	11.5439  GBP
5p ordinary		SWAP		Decreasing Short		4,312	11.5525  GBP
5p ordinary		SWAP		Increasing Short		2,818	11.0800  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.1922  GBP
5p ordinary		SWAP		Increasing Short		21	11.2100  GBP
5p ordinary		SWAP		Increasing Short		36	11.2102  GBP
5p ordinary		SWAP		Increasing Short		26,000	11.2298  GBP
5p ordinary		SWAP		Increasing Short		15,188	11.2381  GBP
5p ordinary		SWAP		Increasing Short		2,286	11.2423  GBP
5p ordinary		SWAP		Increasing Short		13,413	11.2536  GBP
5p ordinary		SWAP		Increasing Short		960	11.2610  GBP
5p ordinary		SWAP		Increasing Short		5,625	11.2706  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.3222  GBP
5p ordinary		SWAP		Increasing Short		206	11.3378  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.3622  GBP
5p ordinary		SWAP		Increasing Short		2,971	11.3741  GBP
5p ordinary		SWAP		Increasing Short		776	11.3774  GBP
5p ordinary		SWAP		Increasing Short		98	11.3800  GBP
5p ordinary		SWAP		Increasing Short		7,845	11.3853  GBP
5p ordinary		SWAP		Increasing Short		2,415	11.3897  GBP
5p ordinary		SWAP		Increasing Short		1,965	11.4011  GBP
5p ordinary		SWAP		Increasing Short		54,513	11.4320  GBP
5p ordinary		SWAP		Increasing Short		607	11.4328  GBP
5p ordinary		SWAP		Increasing Short		19	11.4350  GBP
5p ordinary		SWAP		Increasing Short		20,629	11.4441  GBP
5p ordinary		SWAP		Increasing Short		3,540	11.4486  GBP
5p ordinary		SWAP		Increasing Short		41,683	11.4943  GBP
5p ordinary		SWAP		Increasing Short		22,580	11.5200  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.5223  GBP
5p ordinary		CFD		Decreasing Short		6,213	11.4042  GBP
5p ordinary		CFD		Decreasing Short		17,237	11.4500  GBP
5p ordinary		CFD		Decreasing Short		12,671	11.5196  GBP
5p ordinary		CFD		Decreasing Short		34,736	11.5476  GBP
5p ordinary		CFD		Increasing Short		7,073	11.5200  GBP
5p ordinary		CFD		Increasing Short		5,481	11.5466  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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:
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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				26 Jan 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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