20th Apr 2026 11:19
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: | J.P. Morgan Securities 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: | corporate broker to Intertek Group plc |
(d) Date dealing undertaken: | 17 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 | Purchase | 300,071 | 50.3200 GBP | 48.1250 GBP |
| Sale | 544,596 | 50.2962 GBP | 48.1309 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 |
1p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short | 1,653 80 7,211 518 518 24,805 1,973 1,355 302 8,225 687 12
535 1,725 12,571 2,526 980 4,049 41 37 4,433 1,043 2,183 26 2,648 20 5,922 4 22 124 6,518 8,447 4,321 984 3,001 314 1,689 3,400 11,652 3,028 323 1,973 523 1,063 12,525 35,128 1,525 9,272 640 300 150 798 3,508 25,000 450 95 1,102 25,000 118 2,000 125
95,683 128 10,650 290 9,286 1,397 808 540 7
222 2,315 300 63 3,063 113 348 6,021 35 40 6,442 130 1,973 1,672 1,366 960 1,092 595 140 4,797 2,619 131 23 | 49.5021 GBP 49.6962 GBP 49.7131 GBP 49.7358 GBP 49.7455 GBP 49.7492 GBP 49.7623 GBP 49.8530 GBP 49.9180 GBP 49.9270 GBP 50.0620 GBP 50.1800 GBP
48.1310 GBP 48.5849 GBP 48.6867 GBP 48.7103 GBP 48.7587 GBP 48.8652 GBP 48.9373 GBP 49.3508 GBP 49.4198 GBP 49.5860 GBP 49.5950 GBP 49.5993 GBP 49.6450 GBP 49.6541 GBP 49.6542 GBP 49.6825 GBP 49.6838 GBP 49.6890 GBP 49.6893 GBP 49.6952 GBP 49.7203 GBP 49.7253 GBP 49.7421 GBP 49.7597 GBP 49.7666 GBP 49.7709 GBP 49.7728 GBP 49.7761 GBP 49.7774 GBP 49.7796 GBP 49.7876 GBP 49.7960 GBP 49.8164 GBP 49.8298 GBP 49.8309 GBP 49.8371 GBP 49.8704 GBP 49.8963 GBP 49.9063 GBP 49.9371 GBP 49.9480 GBP 49.9952 GBP 49.9962 GBP 50.0397 GBP 50.0474 GBP 50.0575 GBP 50.1050 GBP 50.1749 GBP 50.2962 GBP
48.9600 GBP 49.2453 GBP 49.3497 GBP 49.6496 GBP 49.6617 GBP 49.6831 GBP 49.7705 GBP 49.8626 GBP 50.1321 GBP
48.3348 GBP 48.3518 GBP 48.4309 GBP 48.5022 GBP 48.6579 GBP 48.7085 GBP 48.9961 GBP 49.2904 GBP 49.6113 GBP 49.6900 GBP 49.6908 GBP 49.6910 GBP 49.6915 GBP 49.7171 GBP 49.7314 GBP 49.7831 GBP 49.8361 GBP 49.8441 GBP 49.9458 GBP 50.0322 GBP 50.0323 GBP 50.1456 GBP 50.1650 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) |
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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
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(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
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| Date of disclosure: | 20 April 2026 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
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