Form 8.5 (EPT/RI)- Beazley plc Replacement

UBS AG (EPT)

22 January 2026

 

This announcement replaces the previous RNS announcement 8077P released at 11:51 on the 21^st of January 2026. Amendments to section 2a. All other information remains unchanged.

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:	UBS Investment Bank, London
(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 this offer?      If it is a cash offer or possible cash offer, state "N/A"	NA

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	Buy	3167652	11.60000        GBP	11.26000        GBP
5p Ordinary	Sell	1975889	11.60000        GBP	11.25831        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	Long	459	11.59        GBP
5p Ordinary	CFD	Long	2853	11.364555        GBP
5p Ordinary	CFD	Long	263726	11.43452818        GBP
5p Ordinary	CFD	Long	3221	11.302232        GBP
5p Ordinary	CFD	Long	22770	11.3857        GBP
5p Ordinary	CFD	Long	4388	11.56983        GBP
5p Ordinary	CFD	Long	16628	11.2583112821747        GBP
5p Ordinary	CFD	Long	12191	11.4077494        GBP
5p Ordinary	CFD	Long	374665	11.26000023        GBP
5p Ordinary	CFD	Long	126593	11.49195        GBP
5p Ordinary	CFD	Long	35497	11.36178829        GBP
5p Ordinary	CFD	Long	79796	11.346855        GBP
5p Ordinary	CFD	Long	4919	11.442076        GBP
5p Ordinary	CFD	Long	6395	11.57000742        GBP
5p Ordinary	CFD	Long	134641	11.599072        GBP
5p Ordinary	CFD	Long	2834	11.50250245        GBP
5p Ordinary	CFD	Long	7126	11.2958055009823        GBP
5p Ordinary	CFD	Long	3411	11.31957035        GBP
5p Ordinary	CFD	Long	13538	11.26        GBP
5p Ordinary	CFD	Long	21632	11.375526        GBP
5p Ordinary	CFD	Short	945804	11.4444        GBP
5p Ordinary	CFD	Short	329739	11.4616        GBP
5p Ordinary	CFD	Short	55322	11.3935        GBP
5p Ordinary	CFD	Short	110650	11.52294        GBP
5p Ordinary	CFD	Short	302	11.407881        GBP
5p Ordinary	CFD	Short	31482	11.292        GBP
5p Ordinary	CFD	Short	70000	11.4614        GBP
5p Ordinary	CFD	Short	27233	11.5058        GBP
5p Ordinary	CFD	Short	26344	11.56155        GBP
5p Ordinary	CFD	Short	129990	11.39107562        GBP
5p Ordinary	CFD	Short	18438	11.37704        GBP
5p Ordinary	CFD	Short	34636	11.407852        GBP
5p Ordinary	CFD	Short	298	11.377852        GBP
5p Ordinary	CFD	Short	6585	11.271259        GBP
5p Ordinary	CFD	Short	56852	11.31782875        GBP
5p Ordinary	CFD	Short	5269	11.43142        GBP
5p Ordinary	CFD	Short	2368	11.377842        GBP
5p Ordinary	CFD	Short	39494	11.345459        GBP
5p Ordinary	CFD	Short	40046	11.549438        GBP
5p Ordinary	CFD	Short	298	11.345473        GBP
5p Ordinary	CFD	Short	6082	11.58086813        GBP
5p Ordinary	CFD	Short	6763	11.42832949        GBP
5p Ordinary	CFD	Short	650000	11.41839303        GBP
5p Ordinary	CFD	Short	53063	11.407851        GBP
5p Ordinary	CFD	Short	87699	11.382845        GBP
5p Ordinary	CFD	Short	87570	11.377844        GBP
5p Ordinary	CFD	Short	13162	11.38705516        GBP
5p Ordinary	CFD	Short	99213	11.352837        GBP
5p Ordinary	CFD	Short	3033	11.315762        GBP
5p Ordinary	CFD	Short	194561	11.4699        GBP
5p Ordinary	CFD	Short	60378	11.567891        GBP
5p Ordinary	CFD	Short	81533	11.4061405        GBP
5p Ordinary	CFD	Short	57	11.315788        GBP
5p Ordinary	CFD	Short	14962	11.31577        GBP
5p Ordinary	CFD	Short	1500	11.27126        GBP
5p Ordinary	CFD	Short	52985	11.352838        GBP
5p Ordinary	CFD	Short	50444	11.34546        GBP
5p Ordinary	CFD	Short	2371	11.407853        GBP
5p Ordinary	CFD	Short	5075	11.30948006        GBP
5p Ordinary	CFD	Short	13171	11.56732518        GBP
5p Ordinary	CFD	Short	9859	11.375096        GBP
5p Ordinary	CFD	Short	5268	11.42        GBP
5p Ordinary	CFD	Short	9752	11.5764059925        GBP
5p Ordinary	CFD	Short	6585	11.37131        GBP
5p Ordinary	CFD	Short	18834	11.542506        GBP
5p Ordinary	CFD	Short	18597	11.576412712533        GBP
5p Ordinary	CFD	Short	31700	11.3641142        GBP
5p Ordinary	CFD	Short	4340	11.4287235021198        GBP
5p Ordinary	CFD	Short	11114	11.53915052        GBP
5p Ordinary	CFD	Short	3955	11.38137        GBP
5p Ordinary	CFD	Short	75000	11.478029        GBP
5p Ordinary	CFD	Short	473	11.260225        GBP
5p Ordinary	CFD	Short	41943	11.327924        GBP
5p Ordinary	CFD	Short	55595	11.39536184        GBP
5p Ordinary	CFD	Short	3990	11.382847        GBP
5p Ordinary	CFD	Short	45125	11.263295        GBP
5p Ordinary	CFD	Short	36309	11.51418624        GBP
5p Ordinary	CFD	Short	230000	11.50967747        GBP
5p Ordinary	CFD	Short	298	11.352852        GBP
5p Ordinary	CFD	Short	20000	11.4587895        GBP
5p Ordinary	CFD	Short	20000	11.26563        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:	22 January 2026
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END