20th May 2026 11:06
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: | 19 May 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 | 287,274 | 55.8500 GBP | 54.9000 GBP |
| Sale | 170,814 | 55.8500 GBP | 54.9250 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 | 12,246 | 54.9508 GBP |
51 | 54.9525 GBP | |||
12,706 | 54.9569 GBP | |||
10,917 | 54.9723 GBP | |||
39 | 55.0610 GBP | |||
554 | 55.0956 GBP | |||
214 | 55.1435 GBP | |||
268 | 55.1550 GBP | |||
193 | 55.2319 GBP | |||
6,800 | 55.2555 GBP | |||
1,425 | 55.3017 GBP | |||
138 | 55.3034 GBP | |||
180 | 55.3233 GBP | |||
769 | 55.3382 GBP | |||
91 | 55.3640 GBP | |||
20,000 | 55.3777 GBP | |||
1,127 | 55.3821 GBP | |||
981 | 55.4061 GBP | |||
253 | 55.5494 GBP | |||
36 | 55.7306 GBP | |||
10 | 55.8008 GBP | |||
Decrease Short | 779 | 54.9445 GBP | ||
24 | 54.9842 GBP | |||
3,429 | 54.9889 GBP | |||
14,178 | 55.0176 GBP | |||
651 | 55.2005 GBP | |||
281 | 55.3096 GBP | |||
1,589 | 55.3150 GBP | |||
501 | 55.4013 GBP | |||
61 | 55.6217 GBP | |||
14,674 | 55.6750 GBP | |||
25 | 55.8467 GBP | |||
Increase Long | 1 | 54.9475 GBP | ||
156 | 54.9492 GBP | |||
70 | 54.9950 GBP | |||
1 | 55.0665 GBP | |||
2,127 | 55.2179 GBP | |||
320 | 55.2807 GBP | |||
6 | 55.2945 GBP | |||
619 | 55.3579 GBP | |||
669 | 55.5992 GBP | |||
80 | 55.6242 GBP | |||
250 | 55.6720 GBP | |||
746 | 55.6825 GBP | |||
7 | 55.6943 GBP | |||
195 | 55.6944 GBP | |||
415 | 55.7103 GBP | |||
803 | 55.7176 GBP | |||
3 | 55.7597 GBP | |||
6 | 55.7944 GBP | |||
Increase Short | 110 | 54.9500 GBP | ||
831 | 54.9582 GBP | |||
5,000 | 55.0041 GBP | |||
1,139 | 55.1032 GBP | |||
3,370 | 55.1302 GBP | |||
10,000 | 55.2541 GBP | |||
26,100 | 55.2913 GBP | |||
1 | 55.3450 GBP | |||
24,396 | 55.3457 GBP | |||
27 | 55.3962 GBP | |||
1,289 | 55.3963 GBP | |||
12 | 55.3967 GBP | |||
10,000 | 55.5042 GBP | |||
6,778 | 55.7454 GBP | |||
Opening a long position | 908 | 54.9473 GBP | ||
35,077 | 55.2815 GBP | |||
2,571 | 55.3041 GBP | |||
1,080 | 55.6456 GBP | |||
Opening a short position | 37,366 | 54.9500 GBP | ||
122 | 55.1574 GBP | |||
150 | 55.6517 GBP | |||
385 | 55.7003 GBP | |||
705 | 55.7031 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 May 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