17th Apr 2026 11:55
This announcement replaces the previous RNS announcement 7916A released at 11:55 on the 16th of April 2026. Amendments to section 2a. All other information remains unchanged.
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: | UBS Investment Bank, London |
(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: | 15 April 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" | NO
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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 | Buy
| 204090 | 12.74000 GBP | 12.73250 GBP |
5p Ordinary | Sell
| 87728 | 12.74000 GBP | 12.73411 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
| Increasing a long position | 36301 | 12.7349998622628 GBP |
5p Ordinary | CFD
| Increasing a long position | 5099 | 12.735 GBP |
5p Ordinary | CFD
| Reducing a long position | 55750 | 12.735 GBP |
5p Ordinary | CFD
| Reducing a long position | 66 | 12.7383333333333 GBP |
5p Ordinary | CFD
| Reducing a long position | 19987 | 12.7382643718417 GBP |
5p Ordinary | CFD
| Reducing a long position | 10325 | 12.7382644067797 GBP |
5p Ordinary | CFD
| Reducing a long position | 4890 | 12.738263803681 GBP |
5p Ordinary | CFD
| Reducing a long position | 1456 | 12.7382623626374 GBP |
5p Ordinary | CFD
| Reducing a long position | 1409 | 12.7382611781405 GBP |
5p Ordinary | CFD
| Reducing a long position | 38 | 12.7381578947368 GBP |
5p Ordinary | CFD
| Reducing a long position | 3046 | 12.7382632961261 GBP |
5p Ordinary | CFD
| Reducing a long position | 1802 | 12.7382630410655 GBP |
5p Ordinary | CFD
| Reducing a long position | 1007 | 12.7381926514399 GBP |
5p Ordinary | CFD
| Reducing a long position | 1695 | 12.7387138643068 GBP |
5p Ordinary | CFD
| Reducing a long position | 1393 | 12.7332663316583 GBP |
5p Ordinary | CFD
| Reducing a long position | 192 | 12.73578125 GBP |
5p Ordinary | CFD
| Reducing a long position | 133 | 12.7357894736842 GBP |
5p Ordinary | CFD
| Reducing a long position | 119 | 12.7357983193277 GBP |
5p Ordinary | CFD
| Reducing a long position | 56 | 12.7357142857143 GBP |
5p Ordinary | CFD
| Reducing a long position | 108 | 12.7357407407407 GBP |
5p Ordinary | CFD
| Reducing a long position | 4885 | 12.738264073695 GBP |
5p Ordinary | CFD
| Reducing a long position | 4627 | 12.7382645342555 GBP |
5p Ordinary | CFD
| Reducing a long position | 2133 | 12.7332630098453 GBP |
5p Ordinary | CFD
| Reducing a long position | 1764 | 12.7382653061225 GBP |
5p Ordinary | CFD
| Reducing a long position | 1634 | 12.7382619339045 GBP |
5p Ordinary | CFD
| Reducing a long position | 1559 | 12.7382617062219 GBP |
5p Ordinary | CFD
| Reducing a long position | 969 | 12.7332610939112 GBP |
5p Ordinary | CFD
| Reducing a long position | 723 | 12.7382710926694 GBP |
5p Ordinary | CFD
| Reducing a long position | 616 | 12.738262987013 GBP |
5p Ordinary | CFD
| Reducing a long position | 489 | 12.7382617586912 GBP |
5p Ordinary | CFD
| Reducing a long position | 273 | 12.7382783882784 GBP |
5p Ordinary | CFD
| Reducing a long position | 34707 | 12.7349998559368 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 |
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(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) |
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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
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(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: | 17 April 2026 |
| Contact name: | Richard Howard |
| Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Beazley