t
Barclays Capital Securities Ltd, acting as an exempt principal trader, disclosed its dealings and positions in Beazley PLC's 5p ordinary shares on March 31, 2026. Following these dealings, Barclays Capital Securities Ltd held a total interest of 17,109,155 shares (2.85%) and a total short position of 19,643,901 shares (3.28%) in Beazley PLC. On the same date, Barclays purchased 943,771 and sold 246,644 Beazley PLC 5p ordinary shares, and engaged in various cash-settled derivative transactions.
| Date | 1 Apr 2026 |
| Time | 11:38:14 |
| Category | Holding(s) in company |
| ID | 0821Z |
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FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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BEAZLEY PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
BEAZLEY PLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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31 Mar 2026 |
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(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 |
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(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 |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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16,723,243 |
2.79% |
3,786,817 |
0.63% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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385,912 |
0.06% |
15,857,084 |
2.65% |
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(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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17,109,155 |
2.85% |
19,643,901 |
3.28% |
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(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 |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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security |
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securities |
paid/received |
paid/received |
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5p ordinary |
Purchase |
943,771 |
12.6800 GBP |
12.6600 GBP |
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5p ordinary |
Sale |
246,644 |
12.6800 GBP |
12.6600 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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5p ordinary |
SWAP |
Decreasing Short |
3,270 |
12.6643 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
6,508 |
12.6600 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
15,283 |
12.6614 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
25 |
12.6684 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
2,300 |
12.6691 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
6,538 |
12.6700 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
1,400 |
12.6714 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
422 |
12.6727 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
76 |
12.6745 GBP |
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5p ordinary |
SWAP |
Decreasing Short |
48,572 |
12.6754 GBP |
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5p ordinary |
SWAP |
Increasing Short |
190,803 |
12.6600 GBP |
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5p ordinary |
SWAP |
Increasing Short |
765 |
12.6625 GBP |
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5p ordinary |
SWAP |
Increasing Short |
26,800 |
12.6648 GBP |
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5p ordinary |
SWAP |
Increasing Short |
196,229 |
12.6654 GBP |
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5p ordinary |
SWAP |
Increasing Short |
672 |
12.6700 GBP |
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5p ordinary |
SWAP |
Increasing Short |
9,411 |
12.6726 GBP |
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5p ordinary |
SWAP |
Increasing Short |
11,719 |
12.6734 GBP |
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5p ordinary |
SWAP |
Increasing Short |
15,051 |
12.6741 GBP |
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5p ordinary |
SWAP |
Increasing Short |
13,915 |
12.6750 GBP |
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5p ordinary |
SWAP |
Increasing Short |
127,682 |
12.6760 GBP |
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5p ordinary |
SWAP |
Increasing Short |
46,987 |
12.6765 GBP |
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5p ordinary |
SWAP |
Increasing Short |
10,722 |
12.6780 GBP |
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5p ordinary |
SWAP |
Increasing Short |
7,247 |
12.6792 GBP |
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5p ordinary |
CFD |
Decreasing Short |
195 |
12.6591 GBP |
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5p ordinary |
CFD |
Decreasing Short |
9,131 |
12.6600 GBP |
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5p ordinary |
CFD |
Decreasing Short |
13,706 |
12.6692 GBP |
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5p ordinary |
CFD |
Increasing Short |
195 |
12.6708 GBP |
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5p ordinary |
CFD |
Increasing Short |
4,807 |
12.6807 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 |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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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 |
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security |
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securities |
unit |
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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 |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(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 |
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(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 |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
01 Apr 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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