26th May 2026 12:43
AMENDMENT(2(a), 2(b))
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: | 21 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 | 229,470 | 55.0000 GBP | 54.4000 GBP |
1p ordinary | PURCHASES | 404,577 | 55.0055 GBP | 54.4500 GBP |
1p ordinary | PURCHASES | 25,000 | 73.3718 USD | 73.3718 USD |
1p ordinary | SALES | 7,483 | 73.5027 USD | 73.5027 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 | 11 | 54.6250 GBP |
1p ordinary | CFD | increasing a long position | 30 | 54.6250 GBP |
1p ordinary | CFD | increasing a long position | 572 | 54.7573 GBP |
1p ordinary | CFD | increasing a long position | 150 | 54.7740 GBP |
1p ordinary | CFD | increasing a long position | 26 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 9 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 192 | 54.8272 GBP |
1p ordinary | CFD | increasing a long position | 7,483 | 54.8323 GBP |
1p ordinary | CFD | increasing a long position | 7 | 54.8332 GBP |
1p ordinary | CFD | increasing a long position | 28 | 54.8500 GBP |
1p ordinary | CFD | increasing a long position | 37 | 54.8500 GBP |
1p ordinary | CFD | increasing a long position | 100 | 54.8890 GBP |
1p ordinary | CFD | increasing a long position | 849 | 54.9000 GBP |
1p ordinary | CFD | increasing a long position | 68 | 54.9160 GBP |
1p ordinary | CFD | increasing a long position | 215 | 54.9359 GBP |
1p ordinary | CFD | increasing a long position | 1,645 | 54.9359 GBP |
1p ordinary | CFD | increasing a long position | 312 | 54.9359 GBP |
1p ordinary | CFD | increasing a long position | 849 | 54.9359 GBP |
1p ordinary | CFD | increasing a long position | 1,789 | 54.9359 GBP |
1p ordinary | CFD | increasing a long position | 18 | 54.9359 GBP |
1p ordinary | CFD | increasing a short position | 15,000 | 54.5000 GBP |
1p ordinary | CFD | increasing a short position | 853 | 54.5717 GBP |
1p ordinary | CFD | increasing a short position | 9,753 | 54.6449 GBP |
1p ordinary | CFD | increasing a short position | 3,146 | 54.6449 GBP |
1p ordinary | CFD | increasing a short position | 21,396 | 54.6449 GBP |
1p ordinary | CFD | increasing a short position | 2,202 | 54.6449 GBP |
1p ordinary | CFD | increasing a short position | 629 | 54.6449 GBP |
1p ordinary | CFD | increasing a short position | 2 | 54.6500 GBP |
1p ordinary | CFD | increasing a short position | 17 | 54.6803 GBP |
1p ordinary | CFD | increasing a short position | 10 | 54.6950 GBP |
1p ordinary | CFD | increasing a short position | 505 | 54.7156 GBP |
1p ordinary | CFD | increasing a short position | 6,475 | 54.7185 GBP |
1p ordinary | CFD | increasing a short position | 2,157 | 54.7185 GBP |
1p ordinary | CFD | increasing a short position | 2,710 | 54.7186 GBP |
1p ordinary | CFD | increasing a short position | 676 | 54.7250 GBP |
1p ordinary | CFD | increasing a short position | 50,000 | 54.7274 GBP |
1p ordinary | CFD | increasing a short position | 9,756 | 54.7338 GBP |
1p ordinary | CFD | increasing a short position | 25,000 | 54.7674 GBP |
1p ordinary | CFD | increasing a short position | 3,196 | 54.7688 GBP |
1p ordinary | CFD | increasing a short position | 358 | 54.7898 GBP |
1p ordinary | CFD | increasing a short position | 111 | 54.8112 GBP |
1p ordinary | CFD | increasing a short position | 253 | 54.8189 GBP |
1p ordinary | CFD | increasing a short position | 54 | 54.8189 GBP |
1p ordinary | CFD | increasing a short position | 78 | 54.8189 GBP |
1p ordinary | CFD | increasing a short position | 132 | 54.8189 GBP |
1p ordinary | CFD | increasing a short position | 1,976 | 54.8329 GBP |
1p ordinary | CFD | increasing a short position | 408 | 54.8501 GBP |
1p ordinary | CFD | increasing a short position | 20,690 | 54.8545 GBP |
1p ordinary | CFD | increasing a short position | 6,895 | 54.8545 GBP |
1p ordinary | CFD | increasing a short position | 8,663 | 54.8545 GBP |
1p ordinary | CFD | increasing a short position | 12,500 | 54.8571 GBP |
1p ordinary | CFD | increasing a short position | 606 | 54.8610 GBP |
1p ordinary | CFD | increasing a short position | 15,000 | 54.8715 GBP |
1p ordinary | CFD | increasing a short position | 179 | 54.8854 GBP |
1p ordinary | CFD | increasing a short position | 606 | 54.8939 GBP |
1p ordinary | CFD | increasing a short position | 986 | 54.8986 GBP |
1p ordinary | CFD | increasing a short position | 109 | 54.9000 GBP |
1p ordinary | CFD | increasing a short position | 27 | 54.9000 GBP |
1p ordinary | CFD | increasing a short position | 3,853 | 54.9000 GBP |
1p ordinary | CFD | increasing a short position | 1,452 | 54.9000 GBP |
1p ordinary | CFD | increasing a short position | 4 | 54.9100 GBP |
1p ordinary | CFD | increasing a short position | 17 | 54.9176 GBP |
1p ordinary | CFD | reducing a long position | 1,223 | 54.5809 GBP |
1p ordinary | CFD | reducing a long position | 881 | 54.7625 GBP |
1p ordinary | CFD | reducing a long position | 1,471 | 54.7659 GBP |
1p ordinary | CFD | reducing a long position | 76 | 54.7953 GBP |
1p ordinary | CFD | reducing a long position | 994 | 54.8450 GBP |
1p ordinary | CFD | reducing a long position | 577 | 54.8744 GBP |
1p ordinary | CFD | reducing a long position | 22 | 54.8759 GBP |
1p ordinary | CFD | reducing a long position | 347 | 54.8939 GBP |
1p ordinary | CFD | reducing a long position | 465 | 54.8999 GBP |
1p ordinary | CFD | reducing a long position | 20 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 58 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 119 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 461 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 44 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 3,845 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 958 | 54.9000 GBP |
1p ordinary | CFD | reducing a long position | 912 | 54.9010 GBP |
1p ordinary | CFD | reducing a long position | 999 | 54.9084 GBP |
1p ordinary | CFD | reducing a long position | 253 | 54.9097 GBP |
1p ordinary | CFD | reducing a long position | 3 | 54.9200 GBP |
1p ordinary | CFD | reducing a long position | 13 | 54.9242 GBP |
1p ordinary | CFD | reducing a long position | 22 | 54.9555 GBP |
1p ordinary | CFD | reducing a long position | 63 | 54.9579 GBP |
1p ordinary | CFD | reducing a long position | 20 | 55.0055 GBP |
1p ordinary | CFD | reducing a short position | 224 | 54.6297 GBP |
1p ordinary | CFD | reducing a short position | 46 | 54.6500 GBP |
1p ordinary | CFD | reducing a short position | 91 | 54.6500 GBP |
1p ordinary | CFD | reducing a short position | 1,285 | 54.6663 GBP |
1p ordinary | CFD | reducing a short position | 450 | 54.6958 GBP |
1p ordinary | CFD | reducing a short position | 2 | 54.7000 GBP |
1p ordinary | CFD | reducing a short position | 79 | 54.7455 GBP |
1p ordinary | CFD | reducing a short position | 178 | 54.7607 GBP |
1p ordinary | CFD | reducing a short position | 104 | 54.7715 GBP |
1p ordinary | CFD | reducing a short position | 265 | 54.7715 GBP |
1p ordinary | CFD | reducing a short position | 6 | 54.8214 GBP |
1p ordinary | CFD | reducing a short position | 70 | 54.8214 GBP |
1p ordinary | CFD | reducing a short position | 6 | 54.8214 GBP |
1p ordinary | CFD | reducing a short position | 13 | 54.8214 GBP |
1p ordinary | CFD | reducing a short position | 6 | 54.8214 GBP |
1p ordinary | CFD | reducing a short position | 63 | 54.8517 GBP |
1p ordinary | CFD | reducing a short position | 1,282 | 54.8671 GBP |
1p ordinary | CFD | reducing a short position | 224 | 54.8704 GBP |
1p ordinary | CFD | reducing a short position | 500 | 54.8796 GBP |
1p ordinary | CFD | reducing a short position | 996 | 54.8890 GBP |
1p ordinary | CFD | reducing a short position | 428 | 54.8890 GBP |
1p ordinary | CFD | reducing a short position | 819 | 54.8973 GBP |
1p ordinary | CFD | reducing a short position | 179 | 54.8984 GBP |
1p ordinary | CFD | reducing a short position | 986 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 266 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 111 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 166 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 45 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 143 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 202 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 6 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 3,853 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 3,221 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 3,408 | 54.9000 GBP |
1p ordinary | CFD | reducing a short position | 358 | 54.9028 GBP |
1p ordinary | CFD | reducing a short position | 646 | 54.9387 GBP |
1p ordinary | CFD | reducing a short position | 4,396 | 54.9387 GBP |
1p ordinary | CFD | reducing a short position | 452 | 54.9387 GBP |
1p ordinary | CFD | reducing a short position | 129 | 54.9387 GBP |
1p ordinary | CFD | reducing a short position | 2,003 | 54.9387 GBP |
1p ordinary | CFD | reducing a short position | 189 | 54.9500 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: | 26 May 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