Form 8.5 (EPT/RI)-Beazley plc

JPMorgan Securities Plc

07 May 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:	J.P. Morgan Securities Plc
(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:	Corporate Broker and Financial Adviser to Beazley Plc
(d) Date dealing undertaken:	06 May 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"	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	Purchase	586,983	12.8000 GBP	12.7750 GBP
	Sale	658,197	12.8000 GBP	12.7750 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	Equity Swap	Decrease Long	53,754	12.7909 GBP
			3,051	12.7966 GBP
			1,638	12.8000 GBP
			50	12.8006 GBP
		Decrease Short	6,762	12.7800 GBP
			23,675	12.7843 GBP
			8,510	12.7844 GBP
			7,484	12.7852 GBP
			986	12.7855 GBP
			3,923	12.7878 GBP
			277	12.7900 GBP
			61	12.7902 GBP
			1,514	12.7905 GBP
			6	12.7917 GBP
			11,688	12.7950 GBP
			428	12.7962 GBP
			30,755	12.7993 GBP
			6,205	12.7998 GBP
			6,486	12.8000 GBP
		Increase Long	2,400	12.7791 GBP
			165	12.7807 GBP
			19,272	12.7981 GBP
			107,067	12.8000 GBP
		Increase Short	77	12.7754 GBP
			27,823	12.7794 GBP
			7,690	12.7802 GBP
			46	12.7813 GBP
			1,100	12.7841 GBP
			926	12.7850 GBP
			2,215	12.7863 GBP
			13,422	12.7871 GBP
			1,442	12.7890 GBP
			2,377	12.7902 GBP
			901	12.7919 GBP
			20,528	12.7950 GBP
			272	12.7963 GBP
			16,225	12.7987 GBP
			313	12.8006 GBP
			170	12.8007 GBP
			1,697	12.8013 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:	07 May 2026
Contact name:	Hetvi Shah
Telephone number:	44 2034 936359

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 dealing disclosure requirements on [phone].

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

 

END