REG - Beazley PLC - Rule 2.9 Announcement

BeazleyAnnouncement

Yesterday 16:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260410:nRSJ0584Aa&default-theme=true

RNS Number : 0584A  Beazley PLC  10 April 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR FROM ANY RESTRICTED
JURISDICTION OR WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
LAWS OF ANY SUCH JURISDICTION

FOR IMMEDIATE RELEASE

10 April 2026

BEAZLEY PLC

RULE 2.9 ANNOUNCEMENT

Beazley plc (Beazley) announces that, in accordance with Rule 2.9 of the City
Code on Takeovers and Mergers, as at the close of business on 8 April 2026, it
has in issue 601,407,681 ordinary shares of 5 pence each. The International
Securities Identification Number (ISIN) for the shares is GB00BYQ0JC66. There
are no shares held in treasury. Accordingly, the total number of voting rights
in Beazley is 601,407,681.

LEI Number: 213800VTOMUWD41GIT12

Enquiries:

 Beazley plc
 Sarah Booth (Investors and analysts)             +44 (0) 207 6747582

 Sam Whiteley (Media)                             +44 (0) 207 6747484

 James McFarlane (Media, via MHP Group)           +44 (0) 758 4142665

 Nathan Hambrook Skinner (Media, via MHP Group)   +44 (0) 749 5963669
 Freshfields LLP is retained as legal adviser to Beazley.

Further information

This announcement is for information purposes only and is not intended to and
does not constitute, or form part of, an offer to sell or an invitation to
purchase any securities or the solicitation of an offer to buy any securities,
or the solicitation of any vote or approval in any jurisdiction, pursuant to
the Transaction or otherwise, nor shall there be any sale, issuance or
transfer of securities of Beazley in any jurisdiction in contravention of
applicable law. The Transaction will be made solely by means of the Scheme
Document (or if the Transaction is implemented by way of a Takeover Offer, the
offer document) which will contain the full terms and conditions of the
Transaction, including details of how to vote in respect of the Transaction.
Any vote or decision in respect of the Scheme (or the Takeover Offer, if
applicable) or other response in relation to the Transaction should be made
only on the basis of the information contained in the Scheme Document (or, if
applicable, the offer document).

This announcement has been prepared for the purpose of complying with English
law and the Code and the information disclosed may not be the same as that
which would have been disclosed if this Announcement had been prepared in
accordance with the laws of jurisdictions outside the United Kingdom.

This announcement does not constitute a prospectus, prospectus equivalent
document or an exempted document.

The statements contained in this announcement are not to be construed as
legal, business, financial or tax advice. Beazley Shareholders are urged to
consult with their own legal, tax and financial advisers in connection with
making a decision regarding this Transaction.

Disclosure requirements of the Code

Under Rule 8.3(a) of the Code, any person who is interested in one per cent.
or more of any class of relevant securities of an offeree company or of any
securities exchange offeror (being any offeror other than an offeror in
respect of which it has been announced that its offer is, or is likely to be,
solely in cash) must make an Opening Position Disclosure following the
commencement of the offer period and, if later, following the announcement in
which any securities exchange offeror is first identified.

An Opening Position Disclosure must contain details of the person's interests
and short positions in, and rights to subscribe for, any relevant securities
of each of (i) the offeree company and (ii) any securities exchange
offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a)
applies must be made by no later than 3.30 p.m. (London time) on the 10th
Business Day following the commencement of the offer period and, if
appropriate, by no later than 3.30 p.m. (London time) on the 10th Business Day
following the announcement in which any securities exchange offeror is first
identified. Relevant persons who deal in the relevant securities of the
offeree company or of a securities exchange offeror prior to the deadline for
making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in
one per cent. or more of any class of relevant securities of the offeree
company or of any securities exchange offeror must make a Dealing Disclosure
if the person deals in any relevant securities of the offeree company or of
any securities exchange offeror. A Dealing Disclosure must contain details of
the dealing concerned and of the person's interests and short positions in,
and rights to subscribe for, any relevant securities of each of (i) the
offeree company and (ii) any securities exchange offeror, save to the extent
that these details have previously been disclosed under Rule 8. A Dealing
Disclosure by a person to whom Rule 8.3(b) applies must be made by no later
than 3.30 p.m. (London time) on the Business Day following the date of the
relevant dealing.

If two or more persons act together pursuant to an agreement or understanding,
whether formal or informal, to acquire or control an interest in relevant
securities of an offeree company or a securities exchange offeror, they will
be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by
any offeror and Dealing Disclosures must also be made by the offeree company,
by any offeror and by any persons acting in concert with any of them (see
Rules 8.1, 8.2 and 8.4 of the Code).

Details of the offeree and offeror companies in respect of whose relevant
securities Opening Position Disclosures and Dealing Disclosures must be made
can be found in the Disclosure Table on the Panel's website at
www.thetakeoverpanel.org.uk, including details of the number of relevant
securities in issue, when the offer period commenced and when any offeror was
first identified. You should contact the Panel's Market Surveillance Unit on
+44 (0)20 7638 0129 if you are in any doubt as to whether you are required to
make an Opening Position Disclosure or a Dealing Disclosure.

Rule 26.1 disclosure

In accordance with Rule 26.1 of the Code, a copy of this announcement and the
documents required to be published under Rule 26 of the Code, will be made
available free of charge, subject to certain restrictions relating to persons
resident in or located in Restricted Jurisdictions, on Zurich's website at
www.zurich.com/beazleyoffer (http://www.zurich.com/beazleyoffer) and Beazley's
website at www.beazley.com/en-US/investor-relations/offer-for-beazley/
(http://www.beazley.com/en-US/investor-relations/offer-for-beazley/) by no
later than 12 noon (London time) on the first Business Day following the date
of this announcement. For the avoidance of doubt, neither the contents of
these websites nor the contents of any websites accessible from any hyperlinks
are incorporated into or form part of this announcement.

 

Note to editors

 

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses
with operations in Europe, North America, Latin America, Bermuda and Asia.
Beazley manages six Lloyd's syndicates and, in 2025, underwrote gross premiums
worldwide of $6,100.7million. All Lloyd's syndicates are rated A by A.M. Best.

 

Beazley's underwriters in the United States focus on writing a range of
specialist insurance products. In the admitted market, coverage is provided by
Beazley Insurance Company, Inc., a carrier licensed in all 50 states and its
subsidiary, Beazley America Insurance Company, Inc. In the surplus lines
market, coverage is provided by Beazley Excess and Surplus Insurance, Inc. All
US carriers are rated A by A.M. Best.

 

Beazley's European insurance company, Beazley Insurance dac, is regulated by
the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

 

Beazley's Bermuda entity, Beazley Bermuda Insurance Limited, is A rated by
A.M. Best and regulated by the Bermuda Monetary Authority.

 

Beazley is a market leader in many of its chosen lines, which include
Directors & Officers, Financial Lines, Cyber, Property, Marine and
Aviation, Reinsurance, Accident and Life, and Political Risks and Contingency
business.

 

For more information please go to: www.beazley.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RTTAKKBBPBKDOQD



            Copyright 2019 Regulatory News Service, all rights reserved