21st May 2026 11:22
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: | 20 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 | 297,234 | 55.1500 GBP | 54.6500 GBP |
| Sale | 208,991 | 55.0500 GBP | 54.6418 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 | 5,162 | 54.6508 GBP |
14 | 54.6525 GBP | |||
1,652 | 54.6555 GBP | |||
41 | 54.6864 GBP | |||
38 | 54.6950 GBP | |||
5,206 | 54.7218 GBP | |||
52 | 54.7508 GBP | |||
161 | 54.7828 GBP | |||
887 | 54.7904 GBP | |||
6 | 54.8008 GBP | |||
1 | 54.8055 GBP | |||
844 | 54.8555 GBP | |||
2,725 | 54.8691 GBP | |||
71 | 54.9136 GBP | |||
1,666 | 54.9642 GBP | |||
2,191 | 54.9653 GBP | |||
49 | 54.9774 GBP | |||
7,500 | 54.9775 GBP | |||
55 | 55.0055 GBP | |||
Decrease Short | 14 | 54.6500 GBP | ||
2,335 | 54.7264 GBP | |||
506 | 54.7468 GBP | |||
5 | 54.7740 GBP | |||
159 | 54.7922 GBP | |||
324 | 54.8245 GBP | |||
315 | 54.8412 GBP | |||
706 | 54.8467 GBP | |||
157 | 54.8539 GBP | |||
1,597 | 54.8563 GBP | |||
76 | 54.8717 GBP | |||
657 | 54.8759 GBP | |||
45 | 54.8967 GBP | |||
1,473 | 54.9109 GBP | |||
1,213 | 54.9110 GBP | |||
293 | 54.9277 GBP | |||
1,527 | 55.0500 GBP | |||
Increase Long | 227 | 54.6418 GBP | ||
3,748 | 54.6459 GBP | |||
1 | 54.6475 GBP | |||
4,197 | 54.6492 GBP | |||
51 | 54.7039 GBP | |||
28 | 54.7346 GBP | |||
3,887 | 54.7521 GBP | |||
9,081 | 54.7721 GBP | |||
4,886 | 54.7752 GBP | |||
43 | 54.7945 GBP | |||
3,274 | 54.8076 GBP | |||
340 | 54.8099 GBP | |||
88 | 54.8389 GBP | |||
59 | 54.8535 GBP | |||
2,135 | 54.8643 GBP | |||
915 | 54.8663 GBP | |||
109 | 54.8670 GBP | |||
617 | 54.8823 GBP | |||
6 | 54.8950 GBP | |||
1,929 | 54.8967 GBP | |||
1,602 | 54.9076 GBP | |||
99 | 54.9262 GBP | |||
497 | 54.9277 GBP | |||
550 | 54.9446 GBP | |||
Increase Short | 265 | 54.6533 GBP | ||
5,000 | 54.6541 GBP | |||
6,860 | 54.7330 GBP | |||
862 | 54.8589 GBP | |||
27,124 | 54.8956 GBP | |||
17,094 | 54.9027 GBP | |||
Opening a long position | 4,075 | 54.7973 GBP | ||
10,663 | 54.8293 GBP | |||
3,528 | 54.8456 GBP | |||
1,422 | 54.8664 GBP | |||
3,371 | 54.8910 GBP | |||
200 | 54.8998 GBP | |||
Opening a short position | 22,976 | 54.6500 GBP | ||
52,540 | 54.8239 GBP | |||
83 | 54.9270 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: | 21 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