Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

29 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:				28 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:			7,168,563	1.20%	4,903,356	0.82%
(2)	Cash-settled derivatives:
	and/or controlled:			450,278	0.08%	5,728,124	0.96%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			7,618,841	1.27%	10,631,480	1.77%
(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		1,036,733		11.4400  GBP	11.3100  GBP
5p ordinary		Sale		567,338		11.4300  GBP	11.1311  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		Increasing Short		5,241	11.3626  GBP
5p ordinary		SWAP		Increasing Short		2,192	11.3627  GBP
5p ordinary		SWAP		Decreasing Short		2,853	11.3063  GBP
5p ordinary		SWAP		Decreasing Short		38	11.3100  GBP
5p ordinary		SWAP		Decreasing Short		97	11.3290  GBP
5p ordinary		SWAP		Decreasing Short		29,654	11.3300  GBP
5p ordinary		SWAP		Decreasing Short		17,812	11.3351  GBP
5p ordinary		SWAP		Decreasing Short		2,014	11.3577  GBP
5p ordinary		SWAP		Decreasing Short		3,884	11.3598  GBP
5p ordinary		SWAP		Decreasing Short		642	11.3697  GBP
5p ordinary		SWAP		Decreasing Short		22,514	11.3773  GBP
5p ordinary		SWAP		Decreasing Short		2,440	11.3853  GBP
5p ordinary		SWAP		Decreasing Short		25,046	11.3974  GBP
5p ordinary		SWAP		Decreasing Short		15,437	11.3997  GBP
5p ordinary		SWAP		Increasing Short		15,000	11.3236  GBP
5p ordinary		SWAP		Increasing Short		340,253	11.3300  GBP
5p ordinary		SWAP		Increasing Short		7,669	11.3306  GBP
5p ordinary		SWAP		Increasing Short		20,000	11.3311  GBP
5p ordinary		SWAP		Increasing Short		65,179	11.3343  GBP
5p ordinary		SWAP		Increasing Short		5,641	11.3374  GBP
5p ordinary		SWAP		Increasing Short		27,737	11.3384  GBP
5p ordinary		SWAP		Increasing Short		6,920	11.3402  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.3422  GBP
5p ordinary		SWAP		Increasing Short		19,405	11.3567  GBP
5p ordinary		SWAP		Increasing Short		4,685	11.3588  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.3622  GBP
5p ordinary		SWAP		Increasing Short		8,574	11.3631  GBP
5p ordinary		SWAP		Increasing Short		28,903	11.3651  GBP
5p ordinary		SWAP		Increasing Short		1,662	11.3661  USD
5p ordinary		SWAP		Increasing Short		79,360	11.3670  GBP
5p ordinary		SWAP		Increasing Short		795	11.3678  GBP
5p ordinary		SWAP		Increasing Short		926	11.3702  GBP
5p ordinary		SWAP		Increasing Short		256	11.3800  GBP
5p ordinary		SWAP		Increasing Short		258	11.3850  GBP
5p ordinary		SWAP		Increasing Short		88,550	11.3868  GBP
5p ordinary		SWAP		Increasing Short		1,519	11.4107  GBP
5p ordinary		SWAP		Increasing Short		12,753	11.4132  GBP
5p ordinary		CFD		Decreasing Short		49,971	11.3320  GBP
5p ordinary		CFD		Decreasing Short		54,922	11.3974  GBP
5p ordinary		CFD		Decreasing Short		7,487	11.4078  GBP
5p ordinary		CFD		Increasing Short		11,237	11.4038  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:				29 Jan 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END