Form 8.5 EPT/Non RI BEAZLEY PLC

Barclays PLC

28 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:				27 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:			6,719,500	1.12%	4,923,688	0.82%
(2)	Cash-settled derivatives:
	and/or controlled:			470,610	0.08%	5,225,740	0.87%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			7,190,110	1.20%	10,149,428	1.69%
(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		1,759,175		11.4100  GBP	11.1550  GBP
5p ordinary		Sale		861,912		11.5636  GBP	11.1550  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		73,640	11.2643  GBP
5p ordinary		SWAP		Increasing Short		6,938	11.2892  GBP
5p ordinary		SWAP		Decreasing Short		118	11.2702  GBP
5p ordinary		SWAP		Decreasing Short		51,359	11.2775  GBP
5p ordinary		SWAP		Decreasing Short		1,116	11.2878  GBP
5p ordinary		SWAP		Decreasing Short		656	11.2879  GBP
5p ordinary		SWAP		Decreasing Short		280	11.2911  GBP
5p ordinary		SWAP		Decreasing Short		540	11.2972  GBP
5p ordinary		SWAP		Decreasing Short		22,735	11.3000  GBP
5p ordinary		SWAP		Decreasing Short		25	11.3038  GBP
5p ordinary		SWAP		Decreasing Short		314	11.3200  GBP
5p ordinary		SWAP		Decreasing Short		13,767	11.3267  GBP
5p ordinary		SWAP		Decreasing Short		105,506	11.3400  GBP
5p ordinary		SWAP		Decreasing Short		346	11.3470  GBP
5p ordinary		SWAP		Decreasing Short		896	11.3510  GBP
5p ordinary		SWAP		Decreasing Short		24,068	11.5636  GBP
5p ordinary		SWAP		Increasing Short		1,384	11.1710  GBP
5p ordinary		SWAP		Increasing Short		1,450	11.2314  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.2322  GBP
5p ordinary		SWAP		Increasing Short		2,195	11.2416  GBP
5p ordinary		SWAP		Increasing Short		2,905	11.2546  GBP
5p ordinary		SWAP		Increasing Short		11,909	11.2588  GBP
5p ordinary		SWAP		Increasing Short		3,786	11.2603  GBP
5p ordinary		SWAP		Increasing Short		1,407	11.2622  GBP
5p ordinary		SWAP		Increasing Short		9,148	11.2672  GBP
5p ordinary		SWAP		Increasing Short		54,975	11.2701  GBP
5p ordinary		SWAP		Increasing Short		843	11.2703  GBP
5p ordinary		SWAP		Increasing Short		23,296	11.2721  GBP
5p ordinary		SWAP		Increasing Short		725	11.2815  GBP
5p ordinary		SWAP		Increasing Short		15,509	11.2823  GBP
5p ordinary		SWAP		Increasing Short		175	11.2987  GBP
5p ordinary		SWAP		Increasing Short		452,862	11.3000  GBP
5p ordinary		SWAP		Increasing Short		82,410	11.3005  GBP
5p ordinary		SWAP		Increasing Short		7,352	11.3026  GBP
5p ordinary		SWAP		Increasing Short		33,833	11.3062  GBP
5p ordinary		SWAP		Increasing Short		62,323	11.3075  GBP
5p ordinary		SWAP		Increasing Short		1,153	11.3084  GBP
5p ordinary		SWAP		Increasing Short		988	11.3092  GBP
5p ordinary		SWAP		Increasing Short		129	11.3100  GBP
5p ordinary		SWAP		Increasing Short		12,521	11.3101  GBP
5p ordinary		SWAP		Increasing Short		21,303	11.3130  GBP
5p ordinary		SWAP		Increasing Short		2,813	11.3138  GBP
5p ordinary		SWAP		Increasing Short		327	11.3200  GBP
5p ordinary		SWAP		Increasing Short		1,407	11.3247  GBP
5p ordinary		SWAP		Increasing Short		12,200	11.3251  GBP
5p ordinary		SWAP		Increasing Short		1,110	11.3282  GBP
5p ordinary		SWAP		Increasing Short		8,400	11.3327  GBP
5p ordinary		SWAP		Increasing Short		34,551	11.3371  GBP
5p ordinary		SWAP		Increasing Short		280,201	11.3400  GBP
5p ordinary		SWAP		Increasing Short		8,226	11.3406  GBP
5p ordinary		SWAP		Increasing Short		33,147	11.3568  GBP
5p ordinary		SWAP		Increasing Short		7,470	11.3800  GBP
5p ordinary		SWAP		Increasing Short		1,406	11.3822  GBP
5p ordinary		CFD		Decreasing Short		5,590	11.2496  GBP
5p ordinary		CFD		Decreasing Short		7,589	11.2851  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:				28 Jan 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END