Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

26 February 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:				25 Feb 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:			12,873,651	2.15%	4,617,320	0.77%
(2)	Cash-settled derivatives:
	and/or controlled:			180,508	0.03%	11,308,212	1.89%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,054,159	2.18%	15,925,532	2.66%
(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		1,173,500		12.4500  GBP	12.2600  GBP
5p ordinary		Sale		685,571		12.4500  GBP	12.2600  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		878	12.3300  GBP
5p ordinary		SWAP		Decreasing Short		17,214	12.3332  GBP
5p ordinary		SWAP		Decreasing Short		926	12.3361  GBP
5p ordinary		SWAP		Decreasing Short		5,625	12.3375  GBP
5p ordinary		SWAP		Decreasing Short		2,905	12.3496  GBP
5p ordinary		SWAP		Decreasing Short		156	12.3513  GBP
5p ordinary		SWAP		Decreasing Short		7,523	12.3560  GBP
5p ordinary		SWAP		Decreasing Short		5,625	12.3658  GBP
5p ordinary		SWAP		Decreasing Short		28,178	12.3736  GBP
5p ordinary		SWAP		Decreasing Short		100,000	12.3762  GBP
5p ordinary		SWAP		Decreasing Short		65	12.3784  GBP
5p ordinary		SWAP		Decreasing Short		7	12.3785  GBP
5p ordinary		SWAP		Decreasing Short		6,100	12.3790  GBP
5p ordinary		SWAP		Decreasing Short		20,506	12.3830  GBP
5p ordinary		SWAP		Decreasing Short		8,900	12.3877  GBP
5p ordinary		SWAP		Decreasing Short		61	12.4006  GBP
5p ordinary		SWAP		Decreasing Short		13,000	12.4123  GBP
5p ordinary		SWAP		Decreasing Short		11,456	12.4305  GBP
5p ordinary		SWAP		Decreasing Short		6	12.4390  GBP
5p ordinary		SWAP		Decreasing Short		3,737	12.4394  GBP
5p ordinary		SWAP		Decreasing Short		1,580	12.4395  GBP
5p ordinary		SWAP		Increasing Short		744	12.3477  GBP
5p ordinary		SWAP		Increasing Short		2,284	12.3478  GBP
5p ordinary		SWAP		Increasing Short		11,330	12.3512  GBP
5p ordinary		SWAP		Increasing Short		8,295	12.3546  GBP
5p ordinary		SWAP		Increasing Short		124	12.3600  GBP
5p ordinary		SWAP		Increasing Short		252	12.3669  GBP
5p ordinary		SWAP		Increasing Short		2,000	12.3712  GBP
5p ordinary		SWAP		Increasing Short		1,190	12.3856  GBP
5p ordinary		SWAP		Increasing Short		180,707	12.3860  GBP
5p ordinary		SWAP		Increasing Short		3,548	12.3862  GBP
5p ordinary		SWAP		Increasing Short		2,538	12.3863  GBP
5p ordinary		SWAP		Increasing Short		65,748	12.3957  GBP
5p ordinary		SWAP		Increasing Short		15,691	12.3961  GBP
5p ordinary		SWAP		Increasing Short		3,802	12.4001  GBP
5p ordinary		SWAP		Increasing Short		80,415	12.4170  GBP
5p ordinary		SWAP		Increasing Short		62,089	12.4193  GBP
5p ordinary		SWAP		Increasing Short		34,296	12.4399  GBP
5p ordinary		SWAP		Increasing Short		172,273	12.4400  GBP
5p ordinary		CFD		Increasing Short		47,367	12.3527  GBP
5p ordinary		CFD		Increasing Short		134	12.3650  GBP
5p ordinary		CFD		Increasing Short		29,871	12.4150  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 Feb 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END