Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

10 March 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:				09 Mar 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:			9,326,094	1.56%	4,765,009	0.79%
(2)	Cash-settled derivatives:
	and/or controlled:			324,623	0.05%	7,830,617	1.31%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			9,650,717	1.61%	12,595,626	2.10%
(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		825,071		12.9060  GBP	12.8790  GBP
5p ordinary		Sale		745,025		12.9000  GBP	12.8735  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		Opening Short		25,936	12.8841  GBP
5p ordinary		SWAP		Decreasing Short		10,837	12.8735  GBP
5p ordinary		SWAP		Decreasing Short		46,181	12.8739  GBP
5p ordinary		SWAP		Decreasing Short		16,255	12.8780  GBP
5p ordinary		SWAP		Decreasing Short		9,400	12.8790  GBP
5p ordinary		SWAP		Decreasing Short		35,091	12.8799  GBP
5p ordinary		SWAP		Decreasing Short		229,968	12.8800  GBP
5p ordinary		SWAP		Decreasing Short		63,084	12.8802  GBP
5p ordinary		SWAP		Decreasing Short		744	12.8822  GBP
5p ordinary		SWAP		Decreasing Short		3,096	12.8828  GBP
5p ordinary		SWAP		Decreasing Short		13,176	12.8850  GBP
5p ordinary		SWAP		Decreasing Short		460	12.8883  GBP
5p ordinary		SWAP		Decreasing Short		639	12.8887  GBP
5p ordinary		SWAP		Decreasing Short		268	12.8898  GBP
5p ordinary		SWAP		Increasing Short		717	12.8800  GBP
5p ordinary		SWAP		Increasing Short		14,187	12.8802  GBP
5p ordinary		SWAP		Increasing Short		7,342	12.8808  GBP
5p ordinary		SWAP		Increasing Short		36,879	12.8819  GBP
5p ordinary		SWAP		Increasing Short		18,091	12.8830  GBP
5p ordinary		SWAP		Increasing Short		88	12.8850  GBP
5p ordinary		SWAP		Increasing Short		20,014	12.8874  GBP
5p ordinary		SWAP		Increasing Short		53,707	12.8875  GBP
5p ordinary		SWAP		Increasing Short		4,152	12.8900  GBP
5p ordinary		SWAP		Increasing Short		34,811	12.8918  GBP
5p ordinary		SWAP		Increasing Short		300,000	12.9064  GBP
5p ordinary		CFD		Decreasing Short		188	12.8790  GBP
5p ordinary		CFD		Decreasing Short		1,928	12.8792  GBP
5p ordinary		CFD		Increasing Short		188	12.8809  GBP
5p ordinary		CFD		Increasing Short		7,370	12.8907  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:				10 Mar 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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