1st Oct 2026 08:52
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: | 30 September 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 | PURCHASES | 923,057 | 58.8017 GBP | 58.6927 GBP |
1p ordinary | SALES | 127,638 | 58.8032 GBP | 58.6989 GBP |
1p ordinary | PURCHASES | 1,673 | 77.9782 USD | 77.9782 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 | 135 | 58.7000 GBP |
1p ordinary | CFD | increasing a long position | 85 | 58.7000 GBP |
1p ordinary | CFD | increasing a long position | 88 | 58.7000 GBP |
1p ordinary | CFD | increasing a long position | 56 | 58.7000 GBP |
1p ordinary | CFD | increasing a long position | 5,587 | 58.7114 GBP |
1p ordinary | CFD | increasing a long position | 4,851 | 58.7562 GBP |
1p ordinary | CFD | increasing a long position | 663 | 58.7851 GBP |
1p ordinary | CFD | increasing a short position | 1,673 | 58.6942 GBP |
1p ordinary | CFD | increasing a short position | 104 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 859 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 10 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 2,958 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 600,000 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 766 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 2,543 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 25,952 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 531 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 43 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 1,141 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 675 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 561 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 534 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 92 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 434 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 22,272 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 10,900 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 2,595 | 58.7000 GBP |
1p ordinary | CFD | increasing a short position | 11,127 | 58.7268 GBP |
1p ordinary | CFD | increasing a short position | 3 | 58.7500 GBP |
1p ordinary | CFD | increasing a short position | 15,703 | 58.7500 GBP |
1p ordinary | CFD | increasing a short position | 1,809 | 58.7543 GBP |
1p ordinary | CFD | increasing a short position | 1 | 58.8000 GBP |
1p ordinary | CFD | increasing a short position | 73 | 58.8000 GBP |
1p ordinary | CFD | increasing a short position | 52 | 58.8017 GBP |
1p ordinary | CFD | reducing a long position | 34 | 58.7000 GBP |
1p ordinary | CFD | reducing a long position | 284 | 58.7000 GBP |
1p ordinary | CFD | reducing a long position | 3,940 | 58.7000 GBP |
1p ordinary | CFD | reducing a long position | 133,105 | 58.7000 GBP |
1p ordinary | CFD | reducing a long position | 198 | 58.7000 GBP |
1p ordinary | CFD | reducing a long position | 1,469 | 58.7232 GBP |
1p ordinary | CFD | reducing a long position | 189 | 58.7500 GBP |
1p ordinary | CFD | reducing a long position | 2,687 | 58.7543 GBP |
1p ordinary | CFD | reducing a long position | 722 | 58.7747 GBP |
1p ordinary | CFD | reducing a short position | 508 | 58.6989 GBP |
1p ordinary | CFD | reducing a short position | 5,184 | 58.6989 GBP |
1p ordinary | CFD | reducing a short position | 77 | 58.7126 GBP |
1p ordinary | CFD | reducing a short position | 21,124 | 58.7162 GBP |
1p ordinary | CFD | reducing a short position | 107 | 58.7226 GBP |
1p ordinary | CFD | reducing a short position | 10 | 58.7230 GBP |
1p ordinary | CFD | reducing a short position | 2,028 | 58.7245 GBP |
1p ordinary | CFD | reducing a short position | 205 | 58.7261 GBP |
1p ordinary | CFD | reducing a short position | 197 | 58.7331 GBP |
1p ordinary | CFD | reducing a short position | 322 | 58.7332 GBP |
1p ordinary | CFD | reducing a short position | 344 | 58.7332 GBP |
1p ordinary | CFD | reducing a short position | 758 | 58.7405 GBP |
1p ordinary | CFD | reducing a short position | 5 | 58.7440 GBP |
1p ordinary | CFD | reducing a short position | 53 | 58.7442 GBP |
1p ordinary | CFD | reducing a short position | 11 | 58.7491 GBP |
1p ordinary | CFD | reducing a short position | 1 | 58.7500 GBP |
1p ordinary | CFD | reducing a short position | 22 | 58.7623 GBP |
1p ordinary | CFD | reducing a short position | 239 | 58.7634 GBP |
1p ordinary | CFD | reducing a short position | 1,200 | 58.7708 GBP |
1p ordinary | CFD | reducing a short position | 166 | 58.7851 GBP |
1p ordinary | CFD | reducing a short position | 320 | 58.7892 GBP |
1p ordinary | CFD | reducing a short position | 25 | 58.7900 GBP |
1p ordinary | CFD | reducing a short position | 52 | 58.7940 GBP |
1p ordinary | CFD | reducing a short position | 527 | 58.7941 GBP |
1p ordinary | CFD | reducing a short position | 498 | 58.7987 GBP |
1p ordinary | CFD | reducing a short position | 28 | 58.8000 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: | 01 October 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