4th Mar 2026 11:52
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: |
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(c) | Name of the party to the offer with which exempt | BEAZLEY PLC | |||||
| principal trader is connected |
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(d) | Date position held/dealing undertaken: |
| 03 Mar 2026 | ||||
(e) | In addition to the company in 1(b) above, is the exempt principal | NO |
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| trader making disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing (if any) |
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Class of relevant security: | 5p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 9,983,186 | 1.66% | 4,612,914 | 0.77% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 177,294 | 0.03% | 8,438,976 | 1.41% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 0 | 0.00% |
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| TOTAL: |
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| 10,160,480 | 1.69% | 13,051,890 | 2.18% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
security |
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5p ordinary | Purchase | 3,040,574 | 12.9200 GBP | 12.9000 GBP | |||
5p ordinary | Sale | 6,532,416 | 12.9322 GBP | 12.8959 GBP | |||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
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security |
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5p ordinary | SWAP | Opening Long | 400,000 | 12.8959 GBP | |||
5p ordinary | SWAP | Decreasing Short | 126,782 | 12.8973 GBP | |||
5p ordinary | SWAP | Decreasing Short | 74,254 | 12.8990 GBP | |||
5p ordinary | SWAP | Decreasing Short | 1,042,019 | 12.9000 GBP | |||
5p ordinary | SWAP | Decreasing Short | 17,415 | 12.9001 GBP | |||
5p ordinary | SWAP | Decreasing Short | 405,911 | 12.9007 GBP | |||
5p ordinary | SWAP | Decreasing Short | 650,929 | 12.9013 GBP | |||
5p ordinary | SWAP | Decreasing Short | 23,377 | 12.9019 GBP | |||
5p ordinary | SWAP | Decreasing Short | 123,962 | 12.9020 GBP | |||
5p ordinary | SWAP | Decreasing Short | 161,878 | 12.9023 GBP | |||
5p ordinary | SWAP | Decreasing Short | 144,254 | 12.9024 GBP | |||
5p ordinary | SWAP | Decreasing Short | 179,621 | 12.9031 GBP | |||
5p ordinary | SWAP | Decreasing Short | 153,767 | 12.9032 GBP | |||
5p ordinary | SWAP | Decreasing Short | 7,436 | 12.9037 GBP | |||
5p ordinary | SWAP | Decreasing Short | 1,440 | 12.9050 GBP | |||
5p ordinary | SWAP | Decreasing Short | 60,922 | 12.9064 GBP | |||
5p ordinary | SWAP | Decreasing Short | 18,981 | 12.9085 GBP | |||
5p ordinary | SWAP | Decreasing Short | 16,100 | 12.9090 GBP | |||
5p ordinary | SWAP | Decreasing Short | 409 | 12.9123 GBP | |||
5p ordinary | SWAP | Increasing Short | 285,719 | 12.9000 GBP | |||
5p ordinary | SWAP | Increasing Short | 158 | 12.9003 GBP | |||
5p ordinary | SWAP | Increasing Short | 89,741 | 12.9006 GBP | |||
5p ordinary | SWAP | Increasing Short | 498,225 | 12.9009 GBP | |||
5p ordinary | SWAP | Increasing Short | 24,315 | 12.9010 GBP | |||
5p ordinary | SWAP | Increasing Short | 79,482 | 12.9019 GBP | |||
5p ordinary | SWAP | Increasing Short | 3,384 | 12.9025 GBP | |||
5p ordinary | SWAP | Increasing Short | 53,639 | 12.9041 GBP | |||
5p ordinary | SWAP | Increasing Short | 396 | 12.9050 GBP | |||
5p ordinary | SWAP | Increasing Short | 21,273 | 12.9065 GBP | |||
5p ordinary | SWAP | Increasing Short | 90,144 | 12.9068 GBP | |||
5p ordinary | SWAP | Increasing Short | 9,769 | 12.9100 GBP | |||
5p ordinary | SWAP | Increasing Short | 8,113 | 12.9127 GBP | |||
5p ordinary | SWAP | Increasing Short | 45,000 | 12.9140 GBP | |||
5p ordinary | SWAP | Increasing Short | 167 | 12.9216 GBP | |||
5p ordinary | CFD | Decreasing Short | 36,948 | 12.9000 GBP | |||
5p ordinary | CFD | Decreasing Short | 105,135 | 12.9007 GBP | |||
5p ordinary | CFD | Decreasing Short | 331,107 | 12.9034 GBP | |||
5p ordinary | CFD | Decreasing Short | 568,893 | 12.9035 GBP | |||
5p ordinary | CFD | Decreasing Short | 216 | 12.9074 GBP | |||
5p ordinary | CFD | Increasing Short | 3,007 | 12.9109 GBP | |||
5p ordinary | CFD | Increasing Short | 8,905 | 12.9120 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 04 Mar 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBeazley