Man Group PLC — Major Shareholding Notification 2026

Jan 21, 2026

National Storage Mechanism | Additional information

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)   Full name of discloser:	Man Group PLC
(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree	Beazley plc
(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)   Date position held/dealing undertaken:         For an opening position disclosure, state the latest practicable date prior to the disclosure	20/01/2026
(f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?	NO

2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	5p ordinary
	Interests		Short positions
Number	%	Number	%
(1)   Relevant securities owned and/or controlled:	8,716,349.00	1.45
(2)   Cash-settled derivatives:	5,041,183.00	0.84	108,763.00	0.01
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	13,757,532.00	2.29	108,763.00	0.01

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)      Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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	Purchase/sale	Number of securities	Price per unit
5p ordinary	Sale	9,264	11.4916 GBP
5p ordinary	Sale	12,614	11.5855 GBP
5p ordinary	Sale	25,863	11.4793 GBP
5p ordinary	Sale	69,027	11.5208 GBP
5p ordinary	Sale	3,154	11.5000 GBP
5p ordinary	Sale	68,321	11.5002 GBP
5p ordinary	Sale	7,126	11.4916 GBP
5p ordinary	Sale	9,702	11.5855 GBP
5p ordinary	Sale	19,893	11.4793 GBP
5p ordinary	Sale	53,096	11.5208 GBP
5p ordinary	Sale	2,425	11.5000 GBP
5p ordinary	Sale	52,552	11.5002 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	Swap	Reducing a long position	648	11.5002 GBP
5p ordinary	Swap	Reducing a long position	30	11.5000 GBP
5p ordinary	Swap	Reducing a long position	88	11.4916 GBP
5p ordinary	Swap	Reducing a long position	120	11.5856 GBP
5p ordinary	Swap	Reducing a long position	245	11.4794 GBP
5p ordinary	Swap	Reducing a long position	655	11.5208 GBP
5p ordinary	Swap	Reducing a long position	542	11.2600 GBP
5p ordinary	Swap	Reducing a long position	36,874	11.3340 GBP
5p ordinary	Swap	Reducing a short position	187	11.3340 GBP
5p ordinary	Swap	Reducing a short position	16,543	11.4873 GBP
5p ordinary	Swap	Reducing a short position	9,812	11.4176 GBP
5p ordinary	Swap	Reducing a short position	3,836	11.3676 GBP
5p ordinary	Swap	Reducing a short position	6,635	11.4468 GBP
5p ordinary	Swap	Reducing a short position	5,819	11.5076 GBP
5p ordinary	Swap	Reducing a long position	4,946	11.4790 GBP
5p ordinary	Swap	Reducing a long position	1,815	11.5127 GBP
5p ordinary	Swap	Reducing a long position	1,892	11.5002 GBP
5p ordinary	Swap	Reducing a long position	256	11.4916 GBP
5p ordinary	Swap	Reducing a long position	87	11.5000 GBP
5p ordinary	Swap	Reducing a long position	349	11.5856 GBP
5p ordinary	Swap	Reducing a long position	716	11.4794 GBP
5p ordinary	Swap	Increasing a long position	1,912	11.5208 GBP
5p ordinary	Swap	Reducing a long position	6,116	11.2600 GBP
5p ordinary	Swap	Increasing a long position	6,116	11.2600 GBP
5p ordinary	Swap	Reducing a long position	1,073,225	11.2600 GBP
5p ordinary	Swap	Increasing a long position	1,073,225	11.2600 GBP
5p ordinary	Swap	Reducing a long position	481,365	11.2600 GBP
5p ordinary	Swap	Reducing a long position	481,365	11.2600 GBP
5p ordinary	Swap	Increasing a long position	47,931	11.2600 GBP
5p ordinary	Swap	Increasing a long position	47,931	11.2600 GBP
5p ordinary	Swap	Opening a long position	25,343	11.2631 GBP
5p ordinary	Swap	Increasing a long position	2,136	11.4191 GBP
5p ordinary	Swap	Opening a long position	4,506	11.3339 GBP
5p ordinary	Swap	Opening a long position	2,136	11.4059 GBP
5p ordinary	Swap	Opening a long position	6,411	11.3970 GBP
5p ordinary	Swap	Opening a long position	22,097	11.4191 GBP
5p ordinary	Swap	Opening a long position	22,096	11.4059 GBP
5p ordinary	Swap	Increasing a long position	66,279	11.3970 GBP
5p ordinary	Swap	Opening a long position	35,007	11.2631 GBP
5p ordinary	Swap	Increasing a long position	1,233	11.4191 GBP
5p ordinary	Swap	Opening a long position	6,225	11.3339 GBP
5p ordinary	Swap	Opening a long position	3,699	11.3970 GBP
5p ordinary	Swap	Reducing a long position	1,233	11.4059 GBP
5p ordinary	Swap	Reducing a long position	19	11.5208 GBP
5p ordinary	Swap	Reducing a long position	7	11.4794 GBP
5p ordinary	Swap	Reducing a long position	3	11.5856 GBP
5p ordinary	Swap	Reducing a long position	2	11.4916 GBP
5p ordinary	Swap	Opening a long position	18	11.5002 GBP
5p ordinary	Swap	Opening a long position	295	11.4191 GBP
5p ordinary	Swap	Opening a long position	296	11.4059 GBP
5p ordinary	Swap	Reducing a long position	888	11.3970 GBP
5p ordinary	Swap	Increasing a long position	586	11.3340 GBP
5p ordinary	Swap	Increasing a long position	93,248	11.2631 GBP
5p ordinary	Swap	Opening a long position	16,585	11.3339 GBP
5p ordinary	Swap	Opening a long position	25,774	11.3970 GBP
5p ordinary	Swap	Opening a long position	8,592	11.4191 GBP
5p ordinary	Swap	Increasing a long position	8,591	11.4059 GBP
5p ordinary	Swap	Increasing a long position	1,833	11.3339 GBP
5p ordinary	Swap	Opening a long position	10,313	11.2631 GBP
5p ordinary	Swap	Opening a long position	435	11.4191 GBP
5p ordinary	Swap	Opening a long position	1,308	11.3970 GBP
5p ordinary	Swap	Opening a long position	436	11.4059 GBP
5p ordinary	Swap	Opening a long position	4,315	11.4191 GBP
5p ordinary	Swap	Opening a long position	12,948	11.3970 GBP
5p ordinary	Swap	Reducing a long position	4,315	11.4059 GBP
5p ordinary	Swap	Reducing a long position	8,654	11.5002 GBP
5p ordinary	Swap	Reducing a long position	400	11.5000 GBP
5p ordinary	Swap	Reducing a long position	8,742	11.5208 GBP
5p ordinary	Swap	Reducing a long position	3,276	11.4794 GBP
5p ordinary	Swap	Reducing a long position	1,598	11.5856 GBP
5p ordinary	Swap	Reducing a long position	1,174	11.4916 GBP
5p ordinary	Swap	Reducing a long position	17,500	11.2600 GBP
5p ordinary	Swap	Reducing a long position	21,797	11.2600 GBP
5p ordinary	Swap	Increasing a long position	21,797	11.2600 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

(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)

4.        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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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:
None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?	NO

Date of disclosure:	21/01/2026
Contact name:	Graham Keene
Telephone number:	+44 20 7144 2259

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.