Form 8.5 (EPT/RI)- Beazley PLC

GoldmanSachs International

12 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:	(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:	11 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 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	1,266,518	12.8000 GBP	12.7825 GBP
5p ordinary	Sales	5,477,546	12.8000 GBP	12.7800 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	Closing a short position	1,581	12.7774 GBP
5p ordinary	CFD	Reducing a short position	284	12.7774 GBP
5p ordinary	CFD	Reducing a short position	2,926	12.7810 GBP
5p ordinary	CFD	Reducing a short position	18,243	12.7810 GBP
5p ordinary	CFD	Reducing a short position	2	12.7810 GBP
5p ordinary	CFD	Reducing a short position	4,388	12.7810 GBP
5p ordinary	CFD	Reducing a short position	7,625	12.7810 GBP
5p ordinary	CFD	Opening a long position	66,367	12.7811 GBP
5p ordinary	CFD	Reducing a short position	5,851	12.7812 GBP
5p ordinary	CFD	Reducing a short position	36,486	12.7812 GBP
5p ordinary	CFD	Reducing a short position	3	12.7812 GBP
5p ordinary	CFD	Reducing a short position	8,777	12.7812 GBP
5p ordinary	CFD	Reducing a short position	15,250	12.7812 GBP
5p ordinary	CFD	Reducing a short position	86	12.7845 GBP
5p ordinary	CFD	Opening a short position	28,891	12.7846 GBP
5p ordinary	CFD	Increasing a short position	1,594	12.7863 GBP
5p ordinary	CFD	Increasing a short position	27,493	12.7876 GBP
5p ordinary	CFD	Increasing a short position	75,778	12.7896 GBP
5p ordinary	CFD	Opening a short position	350,000	12.7896 GBP
5p ordinary	CFD	Opening a long position	350,000	12.7896 GBP
5p ordinary	CFD	Increasing a short position	8,873	12.7899 GBP
5p ordinary	CFD	Closing a short position	1,773,000	12.7900 GBP
5p ordinary	CFD	Reducing a long position	4,939	12.7901 GBP
5p ordinary	CFD	Reducing a short position	599	12.7910 GBP
5p ordinary	CFD	Increasing a short position	4,597	12.7910 GBP
5p ordinary	CFD	Increasing a short position	162	12.7913 GBP
5p ordinary	CFD	Reducing a short position	2,981	12.7916 GBP
5p ordinary	CFD	Opening a short position	6,684	12.7917 GBP
5p ordinary	CFD	Reducing a long position	5	12.7920 GBP
5p ordinary	CFD	Increasing a short position	19	12.7921 GBP
5p ordinary	CFD	Increasing a short position	5,957	12.7923 GBP
5p ordinary	CFD	Reducing a short position	2,926	12.7924 GBP
5p ordinary	CFD	Reducing a short position	18,243	12.7924 GBP
5p ordinary	CFD	Reducing a short position	2	12.7924 GBP
5p ordinary	CFD	Reducing a short position	4,388	12.7924 GBP
5p ordinary	CFD	Reducing a short position	7,625	12.7924 GBP
5p ordinary	CFD	Reducing a long position	731	12.7928 GBP
5p ordinary	CFD	Increasing a short position	14,006	12.7930 GBP
5p ordinary	CFD	Increasing a short position	4,729	12.7943 GBP
5p ordinary	CFD	Reducing a short position	600	12.7948 GBP
5p ordinary	CFD	Reducing a short position	57	12.7948 GBP
5p ordinary	CFD	Reducing a short position	36,735	12.7950 GBP
5p ordinary	CFD	Increasing a short position	5,710	12.7952 GBP
5p ordinary	CFD	Increasing a short position	21,058	12.7952 GBP
5p ordinary	CFD	Increasing a short position	35	12.7970 GBP
5p ordinary	CFD	Increasing a short position	2,677	12.7976 GBP
5p ordinary	CFD	Increasing a short position	1,749	12.7976 GBP
5p ordinary	CFD	Increasing a short position	66	12.7976 GBP
5p ordinary	CFD	Increasing a short position	361	12.7976 GBP
5p ordinary	CFD	Increasing a short position	18,426	12.7983 GBP
5p ordinary	CFD	Increasing a short position	638	12.8019 GBP
5p ordinary	CFD	Increasing a short position	71	12.8020 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:	12 May 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