Form 8.5 (EPT/RI) - Beazley PLC

GoldmanSachs International

09 February 2026

 

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:	06 February 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	1,013,536	12.4900 GBP	12.3200 GBP
5p ordinary	Sales	458,876 998,670	12.5000 GBP 14.1520 EUR	12.3200 GBP 14.1520 EUR

(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	1	12.3188 GBP
5p ordinary	CFD	Reducing a short position	90	12.3199 GBP
5p ordinary	CFD	Opening a short position	4	12.3375 GBP
5p ordinary	CFD	Opening a short position	4	12.3375 GBP
5p ordinary	CFD	Increasing a short position	126	12.3385 GBP
5p ordinary	CFD	Opening a short position	60	12.3385 GBP
5p ordinary	CFD	Opening a short position	60	12.3385 GBP
5p ordinary	CFD	Opening a short position	40	12.3385 GBP
5p ordinary	CFD	Opening a short position	40	12.3385 GBP
5p ordinary	CFD	Opening a short position	40	12.3385 GBP
5p ordinary	CFD	Opening a short position	40	12.3385 GBP
5p ordinary	CFD	Opening a short position	28	12.3386 GBP
5p ordinary	CFD	Opening a short position	28	12.3386 GBP
5p ordinary	CFD	Opening a short position	28	12.3386 GBP
5p ordinary	CFD	Opening a short position	28	12.3386 GBP
5p ordinary	CFD	Increasing a short position	28	12.3386 GBP
5p ordinary	CFD	Increasing a short position	75,000	12.3586 GBP
5p ordinary	CFD	Increasing a short position	227,500	12.3593 GBP
5p ordinary	CFD	Increasing a short position	22,500	12.3593 GBP
5p ordinary	CFD	Increasing a short position	32,361	12.3602 GBP
5p ordinary	CFD	Reducing a short position	1,843	12.3609 GBP
5p ordinary	CFD	Reducing a short position	16,774	12.3611 GBP
5p ordinary	CFD	Increasing a short position	222	12.3618 GBP
5p ordinary	CFD	Reducing a short position	2,762	12.3625 GBP
5p ordinary	CFD	Reducing a long position	233	12.3625 GBP
5p ordinary	CFD	Reducing a long position	638	12.3625 GBP
5p ordinary	CFD	Opening a short position	82,577	12.3648 GBP
5p ordinary	CFD	Increasing a short position	2,280	12.3649 GBP
5p ordinary	CFD	Increasing a short position	1,875	12.3666 GBP
5p ordinary	CFD	Increasing a short position	5,000	12.3666 GBP
5p ordinary	CFD	Increasing a short position	30,128	12.3685 GBP
5p ordinary	CFD	Reducing a short position	24	12.3698 GBP
5p ordinary	CFD	Increasing a short position	36	12.3706 GBP
5p ordinary	CFD	Reducing a short position	38	12.3706 GBP
5p ordinary	CFD	Increasing a short position	11,393	12.3710 GBP
5p ordinary	CFD	Reducing a long position	23,300	12.3730 GBP
5p ordinary	CFD	Increasing a short position	324	12.3748 GBP
5p ordinary	CFD	Reducing a short position	2,887	12.3769 GBP
5p ordinary	CFD	Opening a short position	3,103	12.3812 GBP
5p ordinary	CFD	Reducing a short position	17,156	12.3848 GBP
5p ordinary	CFD	Reducing a short position	189	12.3853 GBP
5p ordinary	CFD	Increasing a short position	18,015	12.3861 GBP
5p ordinary	CFD	Reducing a long position	34,401	12.3861 GBP
5p ordinary	CFD	Increasing a short position	11,395	12.3910 GBP
5p ordinary	CFD	Increasing a short position	490	12.3936 GBP
5p ordinary	CFD	Increasing a short position	4,323	12.3940 GBP
5p ordinary	CFD	Increasing a short position	3,751	12.3997 GBP
5p ordinary	CFD	Reducing a short position	6	12.4104 GBP
5p ordinary	CFD	Reducing a short position	2,654	12.4261 GBP
5p ordinary	CFD	Opening a short position	50,818	12.4438 GBP
5p ordinary	CFD	Reducing a short position	865	12.4937 GBP
5p ordinary	SWAP^	Increasing a long position	998,670	14.1520 EUR

^Please note this product is part of a basket of securities for which BEAZLEY PLC is a component

(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:	09 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