Man Group PLC — Major Shareholding Notification 2026

Feb 20, 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	19/02/2026
(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:	3,455,197.00	0.57
(2)   Cash-settled derivatives:	7,007,585.00	1.16
(3)   Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:	10,462,782.00	1.74

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	6,142	12.3211 GBP
5p ordinary	Sale	49,250	12.3211 GBP
5p ordinary	Sale	33,934	12.3211 GBP
5p ordinary	Sale	6,190	12.2000 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	715	12.3211 GBP
5p ordinary	Swap	Reducing a long position	268	12.2228 GBP
5p ordinary	Swap	Reducing a long position	729	12.2228 GBP
5p ordinary	Swap	Reducing a long position	302	12.2228 GBP
5p ordinary	Swap	Reducing a long position	47	12.2228 GBP
5p ordinary	Swap	Reducing a long position	69	12.2228 GBP
5p ordinary	Swap	Reducing a long position	20	12.2228 GBP
5p ordinary	Swap	Reducing a long position	13	12.2228 GBP
5p ordinary	Swap	Reducing a long position	62,767	12.3004 GBP
5p ordinary	Swap	Reducing a long position	9,788	12.2938 GBP
5p ordinary	Swap	Reducing a long position	4,180	12.2815 GBP
5p ordinary	Swap	Reducing a long position	3,293	12.2541 GBP
5p ordinary	Swap	Reducing a long position	2,358	12.2575 GBP
5p ordinary	Swap	Reducing a long position	1,870	12.2327 GBP
5p ordinary	Swap	Reducing a long position	1,323	12.2108 GBP
5p ordinary	Swap	Reducing a long position	861	12.2230 GBP
5p ordinary	Swap	Reducing a long position	769	12.2096 GBP
5p ordinary	Swap	Reducing a long position	2,193	12.3211 GBP
5p ordinary	Swap	Increasing a long position	51,699	12.2095 GBP
5p ordinary	Swap	Increasing a long position	643	12.2095 GBP
5p ordinary	Swap	Reducing a long position	18	12.3211 GBP
5p ordinary	Swap	Reducing a long position	95	12.2228 GBP
5p ordinary	Swap	Increasing a long position	19,638	12.2095 GBP
5p ordinary	Swap	Increasing a long position	945	12.2095 GBP
5p ordinary	Swap	Increasing a long position	9,729	12.2095 GBP
5p ordinary	Swap	Reducing a long position	485	12.2228 GBP
5p ordinary	Swap	Reducing a long position	6,351	12.3211 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:	20/02/2026
Contact name:	Molly Childs
Telephone number:	+442071443714

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.