29th Apr 2026 11:04
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Intertek Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | EQT Fund Management S.a.r.l. |
(d) Date dealing undertaken: | 28 April 2026 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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 | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
1p ordinary | SALES | 204,532 | 47.0514 GBP | 45.9431 GBP |
1p ordinary | PURCHASES | 391,521 | 47.0800 GBP | 45.9454 GBP |
1p ordinary | PURCHASES | 2,890 | 62.0164 USD | 62.0164 USD |
1p ordinary | SALES | 9,232 | 62.5636 USD | 62.0164 USD |
(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 |
1p ordinary | CFD | increasing a long position | 257 | 45.9500 GBP |
1p ordinary | CFD | increasing a long position | 1,054 | 45.9500 GBP |
1p ordinary | CFD | increasing a long position | 1 | 45.9500 GBP |
1p ordinary | CFD | increasing a long position | 149 | 45.9500 GBP |
1p ordinary | CFD | increasing a long position | 3,831 | 46.0074 GBP |
1p ordinary | CFD | increasing a long position | 703 | 46.1500 GBP |
1p ordinary | CFD | increasing a long position | 1,066 | 46.1500 GBP |
1p ordinary | CFD | increasing a long position | 630 | 46.1500 GBP |
1p ordinary | CFD | increasing a long position | 170 | 46.2100 GBP |
1p ordinary | CFD | increasing a long position | 2 | 46.2200 GBP |
1p ordinary | CFD | increasing a long position | 52 | 46.2554 GBP |
1p ordinary | CFD | increasing a long position | 57 | 46.2554 GBP |
1p ordinary | CFD | increasing a long position | 273 | 46.2887 GBP |
1p ordinary | CFD | increasing a long position | 127 | 46.2949 GBP |
1p ordinary | CFD | increasing a long position | 74 | 46.2993 GBP |
1p ordinary | CFD | increasing a long position | 59 | 46.3679 GBP |
1p ordinary | CFD | increasing a long position | 5 | 46.4605 GBP |
1p ordinary | CFD | increasing a long position | 73 | 46.4625 GBP |
1p ordinary | CFD | increasing a short position | 100 | 45.9500 GBP |
1p ordinary | CFD | increasing a short position | 45 | 45.9500 GBP |
1p ordinary | CFD | increasing a short position | 439 | 45.9500 GBP |
1p ordinary | CFD | increasing a short position | 41 | 45.9500 GBP |
1p ordinary | CFD | increasing a short position | 13 | 45.9500 GBP |
1p ordinary | CFD | increasing a short position | 3,544 | 45.9500 GBP |
1p ordinary | CFD | increasing a short position | 7 | 45.9510 GBP |
1p ordinary | CFD | increasing a short position | 1,013 | 45.9552 GBP |
1p ordinary | CFD | increasing a short position | 250 | 45.9558 GBP |
1p ordinary | CFD | increasing a short position | 476 | 45.9657 GBP |
1p ordinary | CFD | increasing a short position | 218 | 45.9657 GBP |
1p ordinary | CFD | increasing a short position | 583 | 45.9657 GBP |
1p ordinary | CFD | increasing a short position | 4,894 | 45.9730 GBP |
1p ordinary | CFD | increasing a short position | 12,970 | 45.9730 GBP |
1p ordinary | CFD | increasing a short position | 21 | 46.1200 GBP |
1p ordinary | CFD | increasing a short position | 3,000 | 46.1256 GBP |
1p ordinary | CFD | increasing a short position | 393 | 46.1370 GBP |
1p ordinary | CFD | increasing a short position | 2,399 | 46.1500 GBP |
1p ordinary | CFD | increasing a short position | 13,054 | 46.1665 GBP |
1p ordinary | CFD | increasing a short position | 4 | 46.1731 GBP |
1p ordinary | CFD | increasing a short position | 3,617 | 46.1892 GBP |
1p ordinary | CFD | increasing a short position | 1,258 | 46.2284 GBP |
1p ordinary | CFD | increasing a short position | 474 | 46.2284 GBP |
1p ordinary | CFD | increasing a short position | 2,087 | 46.2397 GBP |
1p ordinary | CFD | increasing a short position | 18 | 46.2448 GBP |
1p ordinary | CFD | increasing a short position | 21,425 | 46.2877 GBP |
1p ordinary | CFD | increasing a short position | 7,593 | 46.2878 GBP |
1p ordinary | CFD | increasing a short position | 7,142 | 46.2878 GBP |
1p ordinary | CFD | increasing a short position | 925 | 46.2929 GBP |
1p ordinary | CFD | increasing a short position | 99 | 46.2955 GBP |
1p ordinary | CFD | increasing a short position | 51 | 46.3220 GBP |
1p ordinary | CFD | increasing a short position | 35 | 46.3298 GBP |
1p ordinary | CFD | increasing a short position | 4 | 46.3425 GBP |
1p ordinary | CFD | increasing a short position | 7,858 | 46.3527 GBP |
1p ordinary | CFD | increasing a short position | 2,964 | 46.3527 GBP |
1p ordinary | CFD | increasing a short position | 1,420 | 46.3639 GBP |
1p ordinary | CFD | increasing a short position | 648 | 46.3800 GBP |
1p ordinary | CFD | increasing a short position | 349 | 46.4367 GBP |
1p ordinary | CFD | increasing a short position | 925 | 46.4367 GBP |
1p ordinary | CFD | increasing a short position | 2,202 | 46.4501 GBP |
1p ordinary | CFD | increasing a short position | 12,837 | 46.4737 GBP |
1p ordinary | CFD | increasing a short position | 7,311 | 46.4825 GBP |
1p ordinary | CFD | increasing a short position | 534 | 46.5096 GBP |
1p ordinary | CFD | increasing a short position | 9,668 | 46.5790 GBP |
1p ordinary | CFD | increasing a short position | 18,372 | 46.5790 GBP |
1p ordinary | CFD | increasing a short position | 20,719 | 46.5790 GBP |
1p ordinary | CFD | increasing a short position | 75 | 46.5808 GBP |
1p ordinary | CFD | increasing a short position | 594 | 46.5824 GBP |
1p ordinary | CFD | increasing a short position | 60 | 46.7600 GBP |
1p ordinary | CFD | reducing a long position | 235 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 60 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 74 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 119 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 2,098 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 35 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 91 | 45.9500 GBP |
1p ordinary | CFD | reducing a long position | 7,337 | 45.9559 GBP |
1p ordinary | CFD | reducing a long position | 4,891 | 46.1338 GBP |
1p ordinary | CFD | reducing a long position | 259 | 46.1406 GBP |
1p ordinary | CFD | reducing a long position | 8,267 | 46.2098 GBP |
1p ordinary | CFD | reducing a long position | 102 | 46.4825 GBP |
1p ordinary | CFD | reducing a long position | 3,165 | 46.5230 GBP |
1p ordinary | CFD | reducing a long position | 230 | 46.6080 GBP |
1p ordinary | CFD | reducing a short position | 148 | 45.9431 GBP |
1p ordinary | CFD | reducing a short position | 559 | 45.9431 GBP |
1p ordinary | CFD | reducing a short position | 100 | 45.9431 GBP |
1p ordinary | CFD | reducing a short position | 120 | 45.9431 GBP |
1p ordinary | CFD | reducing a short position | 95 | 45.9432 GBP |
1p ordinary | CFD | reducing a short position | 60 | 45.9500 GBP |
1p ordinary | CFD | reducing a short position | 1,863 | 45.9500 GBP |
1p ordinary | CFD | reducing a short position | 1,521 | 45.9500 GBP |
1p ordinary | CFD | reducing a short position | 1,257 | 45.9500 GBP |
1p ordinary | CFD | reducing a short position | 227 | 45.9692 GBP |
1p ordinary | CFD | reducing a short position | 333 | 45.9782 GBP |
1p ordinary | CFD | reducing a short position | 216 | 46.0563 GBP |
1p ordinary | CFD | reducing a short position | 3,991 | 46.0881 GBP |
1p ordinary | CFD | reducing a short position | 16 | 46.1553 GBP |
1p ordinary | CFD | reducing a short position | 79 | 46.1562 GBP |
1p ordinary | CFD | reducing a short position | 302 | 46.1665 GBP |
1p ordinary | CFD | reducing a short position | 4,338 | 46.1865 GBP |
1p ordinary | CFD | reducing a short position | 2,873 | 46.1865 GBP |
1p ordinary | CFD | reducing a short position | 1 | 46.1900 GBP |
1p ordinary | CFD | reducing a short position | 671 | 46.2000 GBP |
1p ordinary | CFD | reducing a short position | 134 | 46.2005 GBP |
1p ordinary | CFD | reducing a short position | 129 | 46.2006 GBP |
1p ordinary | CFD | reducing a short position | 2,719 | 46.2091 GBP |
1p ordinary | CFD | reducing a short position | 294 | 46.2542 GBP |
1p ordinary | CFD | reducing a short position | 353 | 46.2772 GBP |
1p ordinary | CFD | reducing a short position | 14 | 46.3005 GBP |
1p ordinary | CFD | reducing a short position | 37 | 46.3005 GBP |
1p ordinary | CFD | reducing a short position | 30 | 46.3005 GBP |
1p ordinary | CFD | reducing a short position | 4,477 | 46.3019 GBP |
1p ordinary | CFD | reducing a short position | 1,037 | 46.3084 GBP |
1p ordinary | CFD | reducing a short position | 94 | 46.3334 GBP |
1p ordinary | CFD | reducing a short position | 125 | 46.3425 GBP |
1p ordinary | CFD | reducing a short position | 77 | 46.3586 GBP |
1p ordinary | CFD | reducing a short position | 7 | 46.3900 GBP |
1p ordinary | CFD | reducing a short position | 40 | 46.4013 GBP |
1p ordinary | CFD | reducing a short position | 4,179 | 46.4031 GBP |
1p ordinary | CFD | reducing a short position | 73 | 46.4325 GBP |
1p ordinary | CFD | reducing a short position | 150 | 46.4394 GBP |
1p ordinary | CFD | reducing a short position | 6,887 | 46.4537 GBP |
1p ordinary | CFD | reducing a short position | 1 | 46.4600 GBP |
1p ordinary | CFD | reducing a short position | 524 | 46.5235 GBP |
1p ordinary | CFD | reducing a short position | 127 | 46.5809 GBP |
1p ordinary | CFD | reducing a short position | 228 | 46.5810 GBP |
1p ordinary | CFD | reducing a short position | 8 | 46.5813 GBP |
1p ordinary | CFD | reducing a short position | 97 | 46.5954 GBP |
1p ordinary | CFD | reducing a short position | 500 | 46.6000 GBP |
1p ordinary | CFD | reducing a short position | 1 | 46.6500 GBP |
1p ordinary | CFD | reducing a short position | 329 | 46.7110 GBP |
1p ordinary | CFD | reducing a short position | 461 | 46.7135 GBP |
1p ordinary | CFD | reducing a short position | 305 | 46.7878 GBP |
1p ordinary | CFD | reducing a short position | 271 | 46.8285 GBP |
1p ordinary | CFD | reducing a short position | 1,754 | 46.9831 GBP |
1p ordinary | CFD | reducing a short position | 811 | 46.9937 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
3. 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 exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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: If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
| Date of disclosure: | 29 April 2026 |
| Contact name: | Claire Gordon |
| Telephone number: | +44 141 245-8893 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Intertek Group