1st Jun 2026 10:01
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: | 29 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 | SALES | 804,994 | 53.9358 GBP | 53.1894 GBP |
1p ordinary | PURCHASES | 874,225 | 54.0000 GBP | 53.1947 GBP |
1p ordinary | SALES | 15,010 | 71.9472 USD | 71.9472 USD |
1p ordinary | PURCHASES | 25,080 | 72.4843 USD | 71.7131 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 | 1,600 | 53.2000 GBP |
1p ordinary | CFD | increasing a long position | 21 | 53.2000 GBP |
1p ordinary | CFD | increasing a long position | 592 | 53.2000 GBP |
1p ordinary | CFD | increasing a long position | 198 | 53.2000 GBP |
1p ordinary | CFD | increasing a long position | 1,547 | 53.2439 GBP |
1p ordinary | CFD | increasing a long position | 1,950 | 53.3245 GBP |
1p ordinary | CFD | increasing a long position | 15,010 | 53.3832 GBP |
1p ordinary | CFD | increasing a long position | 51 | 53.6000 GBP |
1p ordinary | CFD | increasing a long position | 13,753 | 53.7000 GBP |
1p ordinary | CFD | increasing a long position | 1,492 | 53.7000 GBP |
1p ordinary | CFD | increasing a long position | 152 | 53.7530 GBP |
1p ordinary | CFD | increasing a long position | 59 | 53.7763 GBP |
1p ordinary | CFD | increasing a long position | 10 | 53.8000 GBP |
1p ordinary | CFD | increasing a short position | 80 | 53.1948 GBP |
1p ordinary | CFD | increasing a short position | 84 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 100 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 639 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 229 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 1 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 42 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 160 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 449 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 4,840 | 53.2000 GBP |
1p ordinary | CFD | increasing a short position | 100 | 53.2032 GBP |
1p ordinary | CFD | increasing a short position | 920 | 53.2080 GBP |
1p ordinary | CFD | increasing a short position | 80 | 53.2080 GBP |
1p ordinary | CFD | increasing a short position | 1,054 | 53.2319 GBP |
1p ordinary | CFD | increasing a short position | 500 | 53.2532 GBP |
1p ordinary | CFD | increasing a short position | 1,100 | 53.2532 GBP |
1p ordinary | CFD | increasing a short position | 773 | 53.2532 GBP |
1p ordinary | CFD | increasing a short position | 200 | 53.2532 GBP |
1p ordinary | CFD | increasing a short position | 100 | 53.2532 GBP |
1p ordinary | CFD | increasing a short position | 2,215 | 53.2532 GBP |
1p ordinary | CFD | increasing a short position | 1,505 | 53.2798 GBP |
1p ordinary | CFD | increasing a short position | 100 | 53.2798 GBP |
1p ordinary | CFD | increasing a short position | 4,365 | 53.2798 GBP |
1p ordinary | CFD | increasing a short position | 400 | 53.2798 GBP |
1p ordinary | CFD | increasing a short position | 2,100 | 53.2798 GBP |
1p ordinary | CFD | increasing a short position | 1,100 | 53.2798 GBP |
1p ordinary | CFD | increasing a short position | 3,850 | 53.2977 GBP |
1p ordinary | CFD | increasing a short position | 18,737 | 53.4001 GBP |
1p ordinary | CFD | increasing a short position | 5,472 | 53.4125 GBP |
1p ordinary | CFD | increasing a short position | 3,568 | 53.4125 GBP |
1p ordinary | CFD | increasing a short position | 10,960 | 53.4125 GBP |
1p ordinary | CFD | increasing a short position | 2,594 | 53.5500 GBP |
1p ordinary | CFD | increasing a short position | 33 | 53.6364 GBP |
1p ordinary | CFD | increasing a short position | 4,591 | 53.6382 GBP |
1p ordinary | CFD | increasing a short position | 3,000 | 53.6481 GBP |
1p ordinary | CFD | increasing a short position | 7,215 | 53.6676 GBP |
1p ordinary | CFD | increasing a short position | 101 | 53.6729 GBP |
1p ordinary | CFD | increasing a short position | 1,055 | 53.6822 GBP |
1p ordinary | CFD | increasing a short position | 20,739 | 53.7000 GBP |
1p ordinary | CFD | increasing a short position | 169 | 53.7118 GBP |
1p ordinary | CFD | increasing a short position | 14,285 | 53.7338 GBP |
1p ordinary | CFD | increasing a short position | 2,897 | 53.7458 GBP |
1p ordinary | CFD | increasing a short position | 1 | 53.8000 GBP |
1p ordinary | CFD | increasing a short position | 187 | 53.8037 GBP |
1p ordinary | CFD | increasing a short position | 17 | 53.8118 GBP |
1p ordinary | CFD | increasing a short position | 2 | 53.8250 GBP |
1p ordinary | CFD | increasing a short position | 2,627 | 53.8323 GBP |
1p ordinary | CFD | increasing a short position | 1,000 | 53.8500 GBP |
1p ordinary | CFD | increasing a short position | 500 | 53.8500 GBP |
1p ordinary | CFD | increasing a short position | 9 | 53.8817 GBP |
1p ordinary | CFD | increasing a short position | 25,000 | 53.9358 GBP |
1p ordinary | CFD | reducing a long position | 59 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 120 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 413 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 575 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 5 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 21 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 20 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 42 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 684 | 53.2000 GBP |
1p ordinary | CFD | reducing a long position | 2,143 | 53.3827 GBP |
1p ordinary | CFD | reducing a long position | 3,533 | 53.5099 GBP |
1p ordinary | CFD | reducing a long position | 49 | 53.6500 GBP |
1p ordinary | CFD | reducing a long position | 91 | 53.7000 GBP |
1p ordinary | CFD | reducing a long position | 123 | 53.7008 GBP |
1p ordinary | CFD | reducing a long position | 70 | 53.7961 GBP |
1p ordinary | CFD | reducing a long position | 38 | 53.7961 GBP |
1p ordinary | CFD | reducing a long position | 779 | 53.8172 GBP |
1p ordinary | CFD | reducing a short position | 317 | 53.1894 GBP |
1p ordinary | CFD | reducing a short position | 1,079 | 53.1894 GBP |
1p ordinary | CFD | reducing a short position | 24 | 53.1988 GBP |
1p ordinary | CFD | reducing a short position | 230 | 53.1995 GBP |
1p ordinary | CFD | reducing a short position | 184 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 318 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 1 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 43 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 1 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 280 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 2 | 53.2000 GBP |
1p ordinary | CFD | reducing a short position | 81 | 53.2001 GBP |
1p ordinary | CFD | reducing a short position | 6,635 | 53.2757 GBP |
1p ordinary | CFD | reducing a short position | 1,662 | 53.3588 GBP |
1p ordinary | CFD | reducing a short position | 131 | 53.5346 GBP |
1p ordinary | CFD | reducing a short position | 68 | 53.6492 GBP |
1p ordinary | CFD | reducing a short position | 7 | 53.6506 GBP |
1p ordinary | CFD | reducing a short position | 293 | 53.6669 GBP |
1p ordinary | CFD | reducing a short position | 116 | 53.6669 GBP |
1p ordinary | CFD | reducing a short position | 7 | 53.6698 GBP |
1p ordinary | CFD | reducing a short position | 7,455 | 53.6839 GBP |
1p ordinary | CFD | reducing a short position | 237 | 53.7030 GBP |
1p ordinary | CFD | reducing a short position | 181 | 53.7113 GBP |
1p ordinary | CFD | reducing a short position | 1,380 | 53.7353 GBP |
1p ordinary | CFD | reducing a short position | 3,459 | 53.7436 GBP |
1p ordinary | CFD | reducing a short position | 882 | 53.7500 GBP |
1p ordinary | CFD | reducing a short position | 228 | 53.7533 GBP |
1p ordinary | CFD | reducing a short position | 200 | 53.7661 GBP |
1p ordinary | CFD | reducing a short position | 7 | 53.7900 GBP |
1p ordinary | CFD | reducing a short position | 1,005 | 53.7940 GBP |
1p ordinary | CFD | reducing a short position | 50 | 53.8000 GBP |
1p ordinary | CFD | reducing a short position | 16 | 53.8109 GBP |
1p ordinary | CFD | reducing a short position | 175 | 53.8207 GBP |
1p ordinary | CFD | reducing a short position | 1 | 53.8300 GBP |
1p ordinary | CFD | reducing a short position | 199 | 53.8582 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 June 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