8.5 EPT/RI Amendment - BEAZLEY PLC

GoldmanSachs International

04 February 2026

 

Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 21 January for dealings on 20 January has been updated. Section 2(a) and 2(b) has been updated.

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:	20 January 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	3,997,753	11.7759 GBP	11.2600 GBP
5p ordinary	Sales	3,342,471	11.6100 GBP	8.2084 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	2,993	8.2084 GBP
5p ordinary	CFD	Reducing a short position	1,110	11.2591 GBP
5p ordinary	CFD	Reducing a short position	1,703	11.2591 GBP
5p ordinary	CFD	Reducing a short position	1,898	11.2596 GBP
5p ordinary	CFD	Reducing a short position	40,000	11.2600 GBP
5p ordinary	CFD	Reducing a short position	5,243	11.2600 GBP
5p ordinary	CFD	Reducing a short position	81,803	11.2600 GBP
5p ordinary	CFD	Reducing a short position	22,248	11.2600 GBP
5p ordinary	CFD	Increasing a short position	62,248	11.2600 GBP
5p ordinary	CFD	Increasing a short position	87,046	11.2600 GBP
5p ordinary	CFD	Increasing a short position	2,228	11.2614 GBP
5p ordinary	CFD	Reducing a long position	60	11.2617 GBP
5p ordinary	CFD	Reducing a long position	60	11.2617 GBP
5p ordinary	CFD	Reducing a long position	550	11.2617 GBP
5p ordinary	CFD	Reducing a long position	550	11.2617 GBP
5p ordinary	CFD	Reducing a long position	3,667	11.2623 GBP
5p ordinary	CFD	Reducing a long position	4,964	11.2623 GBP
5p ordinary	CFD	Reducing a long position	2,031	11.2623 GBP
5p ordinary	CFD	Opening a short position	368	11.2713 GBP
5p ordinary	CFD	Opening a short position	786	11.2713 GBP
5p ordinary	CFD	Opening a short position	1,484	11.2713 GBP
5p ordinary	CFD	Opening a short position	118	11.2713 GBP
5p ordinary	CFD	Opening a short position	234	11.2769 GBP
5p ordinary	CFD	Opening a short position	732	11.2769 GBP
5p ordinary	CFD	Opening a short position	2,954	11.2769 GBP
5p ordinary	CFD	Opening a short position	1,564	11.2769 GBP
5p ordinary	CFD	Reducing a short position	27,010	11.2840 GBP
5p ordinary	CFD	Reducing a short position	22,183	11.2888 GBP
5p ordinary	CFD	Increasing a short position	937	11.2903 GBP
5p ordinary	CFD	Increasing a short position	2,500	11.2903 GBP
5p ordinary	CFD	Increasing a short position	2,731	11.2919 GBP
5p ordinary	CFD	Increasing a short position	976	11.2923 GBP
5p ordinary	CFD	Reducing a short position	11,337	11.2953 GBP
5p ordinary	CFD	Reducing a short position	57,969	11.3015 GBP
5p ordinary	CFD	Increasing a short position	469	11.3023 GBP
5p ordinary	CFD	Increasing a short position	1,250	11.3023 GBP
5p ordinary	CFD	Increasing a short position	48	11.3149 GBP
5p ordinary	CFD	Reducing a short position	1,615	11.3196 GBP
5p ordinary	CFD	Reducing a long position	288	11.3206 GBP
5p ordinary	CFD	Reducing a short position	15,137	11.3231 GBP
5p ordinary	CFD	Reducing a long position	548	11.3273 GBP
5p ordinary	CFD	Increasing a short position	548	11.3273 GBP
5p ordinary	CFD	Increasing a short position	29,064	11.3279 GBP
5p ordinary	CFD	Opening a short position	80,876	11.3279 GBP
5p ordinary	CFD	Increasing a short position	38,265	11.3279 GBP
5p ordinary	CFD	Increasing a short position	469	11.3297 GBP
5p ordinary	CFD	Increasing a short position	1,250	11.3297 GBP
5p ordinary	CFD	Reducing a long position	80	11.3370 GBP
5p ordinary	CFD	Reducing a long position	278	11.3370 GBP
5p ordinary	CFD	Increasing a short position	10,644	11.3406 GBP
5p ordinary	CFD	Opening a short position	36,880	11.3414 GBP
5p ordinary	CFD	Increasing a short position	77,947	11.3414 GBP
5p ordinary	CFD	Opening a short position	28,011	11.3414 GBP
5p ordinary	CFD	Increasing a short position	42,906	11.3486 GBP
5p ordinary	CFD	Reducing a short position	11,655	11.3514 GBP
5p ordinary	CFD	Increasing a short position	803	11.3536 GBP
5p ordinary	CFD	Increasing a short position	937	11.3554 GBP
5p ordinary	CFD	Increasing a short position	2,500	11.3554 GBP
5p ordinary	CFD	Reducing a long position	5,792	11.3646 GBP
5p ordinary	CFD	Opening a short position	2	11.3658 GBP
5p ordinary	CFD	Reducing a long position	350	11.3658 GBP
5p ordinary	CFD	Reducing a short position	65,418	11.3659 GBP
5p ordinary	CFD	Opening a short position	594	11.3670 GBP
5p ordinary	CFD	Opening a short position	148	11.3670 GBP
5p ordinary	CFD	Opening a short position	313	11.3670 GBP
5p ordinary	CFD	Opening a short position	48	11.3671 GBP
5p ordinary	CFD	Reducing a short position	157,700	11.3671 GBP
5p ordinary	CFD	Increasing a long position	614	11.3686 GBP
5p ordinary	CFD	Increasing a short position	937	11.3689 GBP
5p ordinary	CFD	Increasing a short position	2,500	11.3689 GBP
5p ordinary	CFD	Increasing a short position	64	11.3730 GBP
5p ordinary	CFD	Reducing a short position	26,598	11.3737 GBP
5p ordinary	CFD	Increasing a short position	6,534	11.3737 GBP
5p ordinary	CFD	Opening a long position	26,598	11.3750 GBP
5p ordinary	CFD	Reducing a short position	4,040	11.3750 GBP
5p ordinary	CFD	Opening a short position	164	11.3770 GBP
5p ordinary	CFD	Opening a short position	516	11.3770 GBP
5p ordinary	CFD	Increasing a short position	4,395	11.3770 GBP
5p ordinary	CFD	Opening a short position	2,078	11.3770 GBP
5p ordinary	CFD	Increasing a short position	1,001	11.3770 GBP
5p ordinary	CFD	Opening a short position	1,103	11.3770 GBP
5p ordinary	CFD	Opening a short position	220	11.3814 GBP
5p ordinary	CFD	Opening a short position	890	11.3814 GBP
5p ordinary	CFD	Opening a short position	472	11.3814 GBP
5p ordinary	CFD	Opening a short position	70	11.3814 GBP
5p ordinary	CFD	Increasing a short position	2,911	11.3826 GBP
5p ordinary	CFD	Opening a short position	236	11.3870 GBP
5p ordinary	CFD	Opening a short position	236	11.3870 GBP
5p ordinary	CFD	Opening a short position	736	11.3871 GBP
5p ordinary	CFD	Opening a short position	736	11.3871 GBP
5p ordinary	CFD	Opening a short position	1,429	11.3871 GBP
5p ordinary	CFD	Opening a short position	2,968	11.3871 GBP
5p ordinary	CFD	Opening a short position	1,572	11.3871 GBP
5p ordinary	CFD	Opening a short position	1,572	11.3871 GBP
5p ordinary	CFD	Opening a short position	6,279	11.3871 GBP
5p ordinary	CFD	Opening a short position	2,968	11.3871 GBP
5p ordinary	CFD	Opening a short position	118	11.3883 GBP
5p ordinary	CFD	Opening a short position	1,484	11.3884 GBP
5p ordinary	CFD	Opening a short position	786	11.3884 GBP
5p ordinary	CFD	Opening a short position	368	11.3884 GBP
5p ordinary	CFD	Reducing a short position	168	11.3911 GBP
5p ordinary	CFD	Reducing a short position	8,449	11.3911 GBP
5p ordinary	CFD	Reducing a short position	321	11.3911 GBP
5p ordinary	CFD	Reducing a short position	90	11.3911 GBP
5p ordinary	CFD	Reducing a short position	351	11.3911 GBP
5p ordinary	CFD	Reducing a short position	315	11.3911 GBP
5p ordinary	CFD	Opening a short position	3,306	11.3958 GBP
5p ordinary	CFD	Opening a short position	6,234	11.3958 GBP
5p ordinary	CFD	Increasing a short position	13,185	11.3958 GBP
5p ordinary	CFD	Increasing a short position	2,998	11.3958 GBP
5p ordinary	CFD	Opening a short position	1,546	11.3958 GBP
5p ordinary	CFD	Opening a short position	494	11.3958 GBP
5p ordinary	CFD	Increasing a short position	75,000	11.3980 GBP
5p ordinary	CFD	Reducing a short position	58,833	11.3993 GBP
5p ordinary	CFD	Reducing a short position	179,820	11.3993 GBP
5p ordinary	CFD	Increasing a short position	10,000	11.4014 GBP
5p ordinary	CFD	Increasing a short position	469	11.4023 GBP
5p ordinary	CFD	Increasing a short position	1,250	11.4023 GBP
5p ordinary	CFD	Opening a short position	25,774	11.4027 GBP
5p ordinary	CFD	Opening a short position	10,799	11.4058 GBP
5p ordinary	CFD	Opening a short position	1,851	11.4058 GBP
5p ordinary	CFD	Reducing a short position	8,773	11.4066 GBP
5p ordinary	CFD	Increasing a short position	8,591	11.4068 GBP
5p ordinary	CFD	Increasing a short position	45,500	11.4085 GBP
5p ordinary	CFD	Increasing a short position	4,500	11.4086 GBP
5p ordinary	CFD	Increasing a short position	469	11.4123 GBP
5p ordinary	CFD	Increasing a short position	1,250	11.4123 GBP
5p ordinary	CFD	Increasing a short position	3,526	11.4182 GBP
5p ordinary	CFD	Increasing a short position	8,592	11.4200 GBP
5p ordinary	CFD	Reducing a short position	369,893	11.4200 GBP
5p ordinary	CFD	Increasing a short position	3,199	11.4283 GBP
5p ordinary	CFD	Increasing a long position	359	11.4288 GBP
5p ordinary	CFD	Increasing a short position	469	11.4295 GBP
5p ordinary	CFD	Increasing a short position	1,250	11.4295 GBP
5p ordinary	CFD	Increasing a short position	4,802	11.4309 GBP
5p ordinary	CFD	Opening a short position	94	11.4314 GBP
5p ordinary	CFD	Increasing a short position	572	11.4314 GBP
5p ordinary	CFD	Increasing a short position	2,511	11.4314 GBP
5p ordinary	CFD	Opening a short position	1,188	11.4314 GBP
5p ordinary	CFD	Opening a short position	631	11.4314 GBP
5p ordinary	CFD	Opening a short position	294	11.4314 GBP
5p ordinary	CFD	Reducing a long position	17,405	11.4323 GBP
5p ordinary	CFD	Reducing a short position	142,209	11.4331 GBP
5p ordinary	CFD	Opening a short position	94	11.4371 GBP
5p ordinary	CFD	Opening a short position	1,188	11.4371 GBP
5p ordinary	CFD	Opening a short position	631	11.4371 GBP
5p ordinary	CFD	Opening a short position	294	11.4371 GBP
5p ordinary	CFD	Reducing a short position	9,290	11.4557 GBP
5p ordinary	CFD	Increasing a short position	485,000	11.4558 GBP
5p ordinary	CFD	Reducing a short position	662	11.4559 GBP
5p ordinary	CFD	Increasing a short position	62,708	11.4595 GBP
5p ordinary	CFD	Increasing a short position	30,000	11.4604 GBP
5p ordinary	CFD	Opening a short position	6,000	11.4716 GBP
5p ordinary	CFD	Increasing a short position	1,193	11.4755 GBP
5p ordinary	CFD	Reducing a short position	716	11.4765 GBP
5p ordinary	CFD	Reducing a short position	3,697	11.4859 GBP
5p ordinary	CFD	Increasing a short position	3,875	11.4884 GBP
5p ordinary	CFD	Reducing a short position	10,079	11.4898 GBP
5p ordinary	CFD	Reducing a short position	256	11.4907 GBP
5p ordinary	CFD	Reducing a short position	2,542	11.4921 GBP
5p ordinary	CFD	Reducing a short position	1,892	11.4973 GBP
5p ordinary	CFD	Reducing a short position	87	11.4991 GBP
5p ordinary	CFD	Increasing a short position	75,000	11.5030 GBP
5p ordinary	CFD	Reducing a long position	4,712	11.5069 GBP
5p ordinary	CFD	Reducing a short position	1,912	11.5179 GBP
5p ordinary	CFD	Opening a short position	6,608	11.5364 GBP
5p ordinary	CFD	Opening a short position	4,785	11.5364 GBP
5p ordinary	CFD	Opening a short position	716	11.5364 GBP
5p ordinary	CFD	Increasing a short position	19,087	11.5364 GBP
5p ordinary	CFD	Increasing a short position	26,370	11.5364 GBP
5p ordinary	CFD	Opening a short position	988	11.5364 GBP
5p ordinary	CFD	Increasing a short position	5,998	11.5364 GBP
5p ordinary	CFD	Increasing a short position	4,343	11.5364 GBP
5p ordinary	CFD	Opening a short position	9,024	11.5364 GBP
5p ordinary	CFD	Opening a short position	3,090	11.5364 GBP
5p ordinary	CFD	Opening a short position	2,236	11.5364 GBP
5p ordinary	CFD	Opening a short position	12,468	11.5364 GBP
5p ordinary	CFD	Increasing a short position	1,428	11.5615 GBP
5p ordinary	CFD	Opening a short position	736	11.5615 GBP
5p ordinary	CFD	Opening a short position	2,968	11.5616 GBP
5p ordinary	CFD	Increasing a short position	6,279	11.5616 GBP
5p ordinary	CFD	Opening a short position	1,572	11.5616 GBP
5p ordinary	CFD	Opening a short position	236	11.5616 GBP
5p ordinary	CFD	Increasing a short position	323,482	11.5672 GBP
5p ordinary	CFD	Reducing a short position	16,502	11.5673 GBP
5p ordinary	CFD	Reducing a long position	6,609	11.5679 GBP
5p ordinary	CFD	Reducing a short position	11,168	11.5700 GBP
5p ordinary	CFD	Opening a short position	129,956	11.5758 GBP
5p ordinary	CFD	Reducing a short position	349	11.5847 GBP
5p ordinary	CFD	Reducing a short position	52	11.5931 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:	04 February 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