{"success":true,"data":{"pressRelease":{"id":"4117","rtpr_id":"nBw4mRt92a","ticker":"BEZG","exchange":"LSE","all_tickers":["BEZG"],"title":"REG-Massachusetts Financial Services Company Form 8.3","author":"Business Wire","published_at":"2026-04-22T08:56:00.087Z","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n 1. KEY INFORMATION \n   \n (a) Full name of discloser: Massachusetts Financial Services Company \n (b) Owner or controller of interests and short positions disclosed, if different   \n from 1(a): \n \n \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the \n trustee(s), settlor and beneficiaries must be named. \n (c) Name of offeror/offeree in relation to whose relevant securities this form BEAZLEY PLC \n relates: \n \n \n \nUse a separate form for each offeror/offeree \n (d) If an exempt fund manager connected with an offeror/offeree, state this and   \n specify identity of offeror/offeree: \n (e) Date position held/dealing undertaken: 21 April 2026 \n \n \n \nFor an opening position disclosure, state the latest practicable date prior to \n the disclosure \n (f) In addition to the company in 1(c) above, is the discloser making disclosures NO \n in respect of any other party to the offer? \n \n \n \nIf it is a cash offer or possible cash offer, state “N/A” \n   \n 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE \n   \n If there are positions or rights to subscribe to disclose in more than one \n class of relevant securities of the offeror or offeree named in 1(c), copy \n table 2(a) or (b) (as appropriate) for each additional class of relevant \n security. \n (a) Interests and short positions in the relevant securities of the offeror or \n offeree to which the disclosure relates following the dealing (if any) \n   \n Class of relevant security: Common Stock (GB00BYQ0JC66) \n   Interests Short Positions \n   Number % Number % \n (1) Relevant securities owned and/or controlled: 7,915,675 1.31 %     \n (2) Cash-settled derivatives:         \n (3) Stock-settled derivatives (including options) and agreements to purchase/sell:         \n   Total 7,915,675 * 1.31 %     \n * Massachusetts Financial Services Company and/or its affiliates do not have \n discretion regarding voting decisions in respect of 541,791 shares that are \n included in the total above. \n \n \n \n  \n   \n All interests and all short positions should be disclosed. \n \n \n \nDetails of any open stock-settled derivative positions (including traded \n options), or agreements to purchase or sell relevant securities, should be \n given on a Supplemental Form 8 (Open Positions). \n   \n   \n (b) Rights to subscribe for new securities (including directors’ and other \n employee options) \n   \n Class of relevant security in relation to which subscription right exists:   \n Details, including nature of the rights concerned and relevant percentages:   \n   \n 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE \n   \n Where there have been dealings in more than one class of relevant securities \n of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as \n appropriate) for each additional class of relevant security dealt in. \n \n \n \nThe currency of all prices and other monetary amounts should be stated. \n (a) Purchases and sales \n   \n Class of relevant security Purchase/sale Number of securities Price per unit \n Common Stock (GB00BYQ0JC66) Sale 7,361 12.7400 GBP \n Common Stock (GB00BYQ0JC66) Sale 2,752,801 12.7450 GBP \n   \n (b) Cash-settled derivative transactions \n   \n Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, Number of reference securities Price per unit \n increasing/reducing a long/short position \n           \n   \n (c) Stock-settled derivative transactions (including options) \n   \n (i) Writing, selling, purchasing or varying \n   \n 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 \n                 \n   \n (ii) Exercise \n   \n Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit \n           \n   \n (d) Other dealings (including subscribing for new securities) \n   \n Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) \n         \n   \n 4. OTHER INFORMATION \n   \n (a) Indemnity and other dealing arrangements \n   \n Details of any indemnity or option arrangement, or any agreement or \n understanding, formal or informal, relating to relevant securities which may \n be an inducement to deal or refrain from dealing entered into by the person \n making the disclosure and any party to the offer or any person acting in \n concert with a party to the offer: \n \n \n \nIrrevocable commitments and letters of intent should not be included. If there \n are no such agreements, arrangements or understandings, state “none” \n None \n   \n (b) Agreements, arrangements or understandings relating to options or derivatives \n   \n Details of any agreement, arrangement or understanding, formal or informal, \n between the person making the disclosure and any other person relating to: \n \n \n \n(i) the voting rights of any relevant securities under any option; or \n \n \n \n(ii) the voting rights or future acquisition or disposal of any relevant \n securities to which any derivative is referenced: \n \n \n \nIf there are no such agreements, arrangements or understandings, state \n “none” \n None \n   \n (c) Attachments \n   \n Is a Supplemental Form 8 (Open Positions) attached? NO \n   \n Date of disclosure 22 April 2026 \n Contact name Nikki Cagan \n Telephone number +442074297243 \n   \n   \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service.\n\nThe Panel’s Market Surveillance Unit is available for consultation in\nrelation to the Code’s disclosure requirements on +44 (0)20 7638 0129.\n\nThe Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54519847&newsitemid=20260422825103&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=52851e58d4a22f525fe9e34a1b0b26a1)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422825103/en/\n(https://www.businesswire.com/news/home/20260422825103/en/)\n\nMassachusetts Financial Services Company\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw4mRt92a","title":"REG-Massachusetts Financial Services Company Form 8.3","author":"Business Wire","ticker":"BEZG","created":"2026-04-22T08:56:00.087Z","tickers":["BEZG"],"exchange":"LSE","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n 1. KEY INFORMATION \n   \n (a) Full name of discloser: Massachusetts Financial Services Company \n (b) Owner or controller of interests and short positions disclosed, if different   \n from 1(a): \n \n \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the \n trustee(s), settlor and beneficiaries must be named. \n (c) Name of offeror/offeree in relation to whose relevant securities this form BEAZLEY PLC \n relates: \n \n \n \nUse a separate form for each offeror/offeree \n (d) If an exempt fund manager connected with an offeror/offeree, state this and   \n specify identity of offeror/offeree: \n (e) Date position held/dealing undertaken: 21 April 2026 \n \n \n \nFor an opening position disclosure, state the latest practicable date prior to \n the disclosure \n (f) In addition to the company in 1(c) above, is the discloser making disclosures NO \n in respect of any other party to the offer? \n \n \n \nIf it is a cash offer or possible cash offer, state “N/A” \n   \n 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE \n   \n If there are positions or rights to subscribe to disclose in more than one \n class of relevant securities of the offeror or offeree named in 1(c), copy \n table 2(a) or (b) (as appropriate) for each additional class of relevant \n security. \n (a) Interests and short positions in the relevant securities of the offeror or \n offeree to which the disclosure relates following the dealing (if any) \n   \n Class of relevant security: Common Stock (GB00BYQ0JC66) \n   Interests Short Positions \n   Number % Number % \n (1) Relevant securities owned and/or controlled: 7,915,675 1.31 %     \n (2) Cash-settled derivatives:         \n (3) Stock-settled derivatives (including options) and agreements to purchase/sell:         \n   Total 7,915,675 * 1.31 %     \n * Massachusetts Financial Services Company and/or its affiliates do not have \n discretion regarding voting decisions in respect of 541,791 shares that are \n included in the total above. \n \n \n \n  \n   \n All interests and all short positions should be disclosed. \n \n \n \nDetails of any open stock-settled derivative positions (including traded \n options), or agreements to purchase or sell relevant securities, should be \n given on a Supplemental Form 8 (Open Positions). \n   \n   \n (b) Rights to subscribe for new securities (including directors’ and other \n employee options) \n   \n Class of relevant security in relation to which subscription right exists:   \n Details, including nature of the rights concerned and relevant percentages:   \n   \n 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE \n   \n Where there have been dealings in more than one class of relevant securities \n of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as \n appropriate) for each additional class of relevant security dealt in. \n \n \n \nThe currency of all prices and other monetary amounts should be stated. \n (a) Purchases and sales \n   \n Class of relevant security Purchase/sale Number of securities Price per unit \n Common Stock (GB00BYQ0JC66) Sale 7,361 12.7400 GBP \n Common Stock (GB00BYQ0JC66) Sale 2,752,801 12.7450 GBP \n   \n (b) Cash-settled derivative transactions \n   \n Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, Number of reference securities Price per unit \n increasing/reducing a long/short position \n           \n   \n (c) Stock-settled derivative transactions (including options) \n   \n (i) Writing, selling, purchasing or varying \n   \n 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 \n                 \n   \n (ii) Exercise \n   \n Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit \n           \n   \n (d) Other dealings (including subscribing for new securities) \n   \n Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) \n         \n   \n 4. OTHER INFORMATION \n   \n (a) Indemnity and other dealing arrangements \n   \n Details of any indemnity or option arrangement, or any agreement or \n understanding, formal or informal, relating to relevant securities which may \n be an inducement to deal or refrain from dealing entered into by the person \n making the disclosure and any party to the offer or any person acting in \n concert with a party to the offer: \n \n \n \nIrrevocable commitments and letters of intent should not be included. If there \n are no such agreements, arrangements or understandings, state “none” \n None \n   \n (b) Agreements, arrangements or understandings relating to options or derivatives \n   \n Details of any agreement, arrangement or understanding, formal or informal, \n between the person making the disclosure and any other person relating to: \n \n \n \n(i) the voting rights of any relevant securities under any option; or \n \n \n \n(ii) the voting rights or future acquisition or disposal of any relevant \n securities to which any derivative is referenced: \n \n \n \nIf there are no such agreements, arrangements or understandings, state \n “none” \n None \n   \n (c) Attachments \n   \n Is a Supplemental Form 8 (Open Positions) attached? NO \n   \n Date of disclosure 22 April 2026 \n Contact name Nikki Cagan \n Telephone number +442074297243 \n   \n   \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service.\n\nThe Panel’s Market Surveillance Unit is available for consultation in\nrelation to the Code’s disclosure requirements on +44 (0)20 7638 0129.\n\nThe Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54519847&newsitemid=20260422825103&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=52851e58d4a22f525fe9e34a1b0b26a1)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422825103/en/\n(https://www.businesswire.com/news/home/20260422825103/en/)\n\nMassachusetts Financial Services Company\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-04-22T08:56:00.148391134Z","server_sent_at_ms":1776848160148},"received_at":"2026-04-22T08:56:00.401Z","source_url":"https://www.businesswire.com/news/home/20260422825103/en/"},"analysis":{"id":"2870","press_release_id":"4117","analysis_json":{"industry":{"label":"Insurance","sector":"Financials"},"redFlags":[],"eventType":"regulatory","narrative":"Massachusetts Financial Services Company disclosed a reduction in its holdings of Beazley PLC via a Form 8.3 regulatory filing.\n\nThe firm sold a total of 2,760,162 shares in two transactions at prices of 12.7400 GBP and 12.7450 GBP per share.\n\nFollowing these sales, Massachusetts Financial Services Company retains an interest of 7,915,675 shares, representing a 1.31% stake in the company.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Major shareholder Massachusetts Financial Services trims Beazley position by roughly one-third."},"keyFigures":{"customDimensions":{"shares_remaining":7915675,"ownership_percentage":"1.31%"}},"namedEntities":{"people":[{"name":"Nikki Cagan","role":"Contact"}],"products":["Common Stock (GB00BYQ0JC66)"],"companies":[{"name":"Massachusetts Financial Services Company","relationship":"discloser"},{"name":"Beazley PLC","relationship":"offeree"}],"dollarAmounts":[{"amount":"12.7400 GBP","context":"price per share sold"},{"amount":"12.7450 GBP","context":"price per share sold"}]},"materialImpact":{"score":2,"reasoning":"A significant shareholder disclosed the sale of approximately 2.76 million shares, reducing their position by roughly 35%. This represents a material increase in supply, though it is a routine compliance filing."},"tickerRelevance":{"others":[],"primary":"BEZG"},"eventTypeSecondary":[]},"event_type":"regulatory","event_type_secondary":null,"sentiment":"bearish","material_impact_score":2,"narrative":"Massachusetts Financial Services Company disclosed a reduction in its holdings of Beazley PLC via a Form 8.3 regulatory filing.\n\nThe firm sold a total of 2,760,162 shares in two transactions at prices of 12.7400 GBP and 12.7450 GBP per share.\n\nFollowing these sales, Massachusetts Financial Services Company retains an interest of 7,915,675 shares, representing a 1.31% stake in the company.","key_figures":{"customDimensions":{"shares_remaining":7915675,"ownership_percentage":"1.31%"}},"named_entities":{"people":[{"name":"Nikki Cagan","role":"Contact"}],"products":["Common Stock (GB00BYQ0JC66)"],"companies":[{"name":"Massachusetts Financial Services Company","relationship":"discloser"},{"name":"Beazley PLC","relationship":"offeree"}],"dollarAmounts":[{"amount":"12.7400 GBP","context":"price per share sold"},{"amount":"12.7450 GBP","context":"price per share sold"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T08:57:29.116Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:53.894Z"}},"durationMs":87053,"modelName":"glm-4.7"}}