2nd Mar 2026 08:19
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: |
| 27 Feb 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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| 14,613,761 | 2.44% | 4,619,388 | 0.77% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 181,326 | 0.03% | 13,008,005 | 2.17% |
(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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| 14,795,087 | 2.47% | 17,627,393 | 2.94% |
(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 | 3,080,826 | 12.7607 GBP | 12.4400 GBP | |||
5p ordinary | Sale | 1,934,382 | 12.7600 GBP | 12.4400 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 | Decreasing Short | 50,000 | 12.6656 GBP | |||
5p ordinary | SWAP | Increasing Short | 25,207 | 12.6132 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5,625 | 12.4672 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5,625 | 12.4734 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5 | 12.4910 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5,625 | 12.4917 GBP | |||
5p ordinary | SWAP | Decreasing Short | 93 | 12.5000 GBP | |||
5p ordinary | SWAP | Decreasing Short | 1,540 | 12.5500 GBP | |||
5p ordinary | SWAP | Decreasing Short | 3,513 | 12.5578 GBP | |||
5p ordinary | SWAP | Decreasing Short | 10,179 | 12.5891 GBP | |||
5p ordinary | SWAP | Decreasing Short | 1,357 | 12.5957 GBP | |||
5p ordinary | SWAP | Decreasing Short | 4,062 | 12.6052 GBP | |||
5p ordinary | SWAP | Decreasing Short | 175,166 | 12.6316 GBP | |||
5p ordinary | SWAP | Decreasing Short | 12,434 | 12.6568 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5,625 | 12.6624 GBP | |||
5p ordinary | SWAP | Decreasing Short | 10,764 | 12.6674 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5,238 | 12.6700 GBP | |||
5p ordinary | SWAP | Decreasing Short | 10,000 | 12.6787 GBP | |||
5p ordinary | SWAP | Decreasing Short | 5,625 | 12.6949 GBP | |||
5p ordinary | SWAP | Decreasing Short | 27,570 | 12.7001 GBP | |||
5p ordinary | SWAP | Decreasing Short | 8,697 | 12.7132 GBP | |||
5p ordinary | SWAP | Decreasing Short | 1,699 | 12.7400 GBP | |||
5p ordinary | SWAP | Increasing Short | 2,240 | 12.4925 GBP | |||
5p ordinary | SWAP | Increasing Short | 12,771 | 12.5422 GBP | |||
5p ordinary | SWAP | Increasing Short | 1,208 | 12.5551 GBP | |||
5p ordinary | SWAP | Increasing Short | 1,896 | 12.5678 GBP | |||
5p ordinary | SWAP | Increasing Short | 29,770 | 12.5733 GBP | |||
5p ordinary | SWAP | Increasing Short | 359,552 | 12.5909 GBP | |||
5p ordinary | SWAP | Increasing Short | 89,942 | 12.5919 GBP | |||
5p ordinary | SWAP | Increasing Short | 56,944 | 12.6066 GBP | |||
5p ordinary | SWAP | Increasing Short | 4,541 | 12.6074 GBP | |||
5p ordinary | SWAP | Increasing Short | 258,869 | 12.6232 GBP | |||
5p ordinary | SWAP | Increasing Short | 8,518 | 12.6357 GBP | |||
5p ordinary | SWAP | Increasing Short | 119 | 12.6526 GBP | |||
5p ordinary | SWAP | Increasing Short | 50,000 | 12.6688 GBP | |||
5p ordinary | SWAP | Increasing Short | 717,123 | 12.6700 GBP | |||
5p ordinary | SWAP | Increasing Short | 10,000 | 12.6712 GBP | |||
5p ordinary | SWAP | Increasing Short | 12,089 | 12.6809 GBP | |||
5p ordinary | SWAP | Increasing Short | 50,000 | 12.6888 GBP | |||
5p ordinary | CFD | Decreasing Short | 9,577 | 12.5222 GBP | |||
5p ordinary | CFD | Decreasing Short | 278,921 | 12.7236 GBP | |||
5p ordinary | CFD | Increasing Short | 4,071 | 12.5222 GBP | |||
5p ordinary | CFD | Increasing Short | 42,974 | 12.6024 GBP | |||
5p ordinary | CFD | Increasing Short | 5,423 | 12.6926 GBP | |||
5p ordinary | CFD | Increasing Short | 11,937 | 12.6968 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: | 02 Mar 2026 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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Related Shares:
BarclaysBeazley