26th May 2026 12:41
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: | 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 | PURCHASES | 304,218 | 55.0500 GBP | 54.6459 GBP |
1p ordinary | SALES | 181,422 | 55.0500 GBP | 54.6500 GBP |
1p ordinary | SALES | 7,386 | 73.6917 USD | 73.6917 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 | 21 | 54.6496 GBP |
1p ordinary | CFD | increasing a long position | 248 | 54.6500 GBP |
1p ordinary | CFD | increasing a long position | 3,845 | 54.6500 GBP |
1p ordinary | CFD | increasing a long position | 958 | 54.6500 GBP |
1p ordinary | CFD | increasing a long position | 140 | 54.6500 GBP |
1p ordinary | CFD | increasing a long position | 57 | 54.6500 GBP |
1p ordinary | CFD | increasing a long position | 5 | 54.6500 GBP |
1p ordinary | CFD | increasing a long position | 34 | 54.6868 GBP |
1p ordinary | CFD | increasing a long position | 388 | 54.7385 GBP |
1p ordinary | CFD | increasing a long position | 7,386 | 54.7894 GBP |
1p ordinary | CFD | increasing a long position | 553 | 54.7993 GBP |
1p ordinary | CFD | increasing a long position | 60 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 2 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 62 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 36 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 75 | 54.8000 GBP |
1p ordinary | CFD | increasing a long position | 172 | 54.8031 GBP |
1p ordinary | CFD | increasing a long position | 1 | 54.8439 GBP |
1p ordinary | CFD | increasing a long position | 231 | 54.8592 GBP |
1p ordinary | CFD | increasing a long position | 13,204 | 54.9615 GBP |
1p ordinary | CFD | increasing a short position | 920 | 54.6500 GBP |
1p ordinary | CFD | increasing a short position | 1,327 | 54.6500 GBP |
1p ordinary | CFD | increasing a short position | 3,845 | 54.6500 GBP |
1p ordinary | CFD | increasing a short position | 210 | 54.6500 GBP |
1p ordinary | CFD | increasing a short position | 2,753 | 54.6500 GBP |
1p ordinary | CFD | increasing a short position | 2,862 | 54.6511 GBP |
1p ordinary | CFD | increasing a short position | 1,220 | 54.6542 GBP |
1p ordinary | CFD | increasing a short position | 6,196 | 54.6658 GBP |
1p ordinary | CFD | increasing a short position | 18,671 | 54.6674 GBP |
1p ordinary | CFD | increasing a short position | 7,500 | 54.6773 GBP |
1p ordinary | CFD | increasing a short position | 28 | 54.7000 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 54.7151 GBP |
1p ordinary | CFD | increasing a short position | 4,000 | 54.7190 GBP |
1p ordinary | CFD | increasing a short position | 1,000 | 54.7190 GBP |
1p ordinary | CFD | increasing a short position | 933 | 54.7232 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 54.7250 GBP |
1p ordinary | CFD | increasing a short position | 11,355 | 54.7267 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 54.7547 GBP |
1p ordinary | CFD | increasing a short position | 8,858 | 54.7585 GBP |
1p ordinary | CFD | increasing a short position | 800 | 54.7585 GBP |
1p ordinary | CFD | increasing a short position | 300 | 54.7585 GBP |
1p ordinary | CFD | increasing a short position | 2,100 | 54.7585 GBP |
1p ordinary | CFD | increasing a short position | 2,923 | 54.7585 GBP |
1p ordinary | CFD | increasing a short position | 4,300 | 54.7585 GBP |
1p ordinary | CFD | increasing a short position | 23 | 54.7804 GBP |
1p ordinary | CFD | increasing a short position | 21,776 | 54.8012 GBP |
1p ordinary | CFD | increasing a short position | 1,427 | 54.8083 GBP |
1p ordinary | CFD | increasing a short position | 350 | 54.8083 GBP |
1p ordinary | CFD | increasing a short position | 500 | 54.8083 GBP |
1p ordinary | CFD | increasing a short position | 200 | 54.8083 GBP |
1p ordinary | CFD | increasing a short position | 3,500 | 54.8083 GBP |
1p ordinary | CFD | increasing a short position | 241 | 54.8263 GBP |
1p ordinary | CFD | increasing a short position | 168 | 54.8263 GBP |
1p ordinary | CFD | increasing a short position | 133 | 54.8263 GBP |
1p ordinary | CFD | increasing a short position | 887 | 54.8263 GBP |
1p ordinary | CFD | increasing a short position | 841 | 54.8279 GBP |
1p ordinary | CFD | increasing a short position | 56 | 54.8500 GBP |
1p ordinary | CFD | increasing a short position | 15 | 54.8500 GBP |
1p ordinary | CFD | increasing a short position | 12,500 | 54.8510 GBP |
1p ordinary | CFD | increasing a short position | 8,653 | 54.8549 GBP |
1p ordinary | CFD | increasing a short position | 1,297 | 54.8759 GBP |
1p ordinary | CFD | increasing a short position | 546 | 54.8767 GBP |
1p ordinary | CFD | increasing a short position | 958 | 54.8958 GBP |
1p ordinary | CFD | increasing a short position | 7,500 | 54.8986 GBP |
1p ordinary | CFD | increasing a short position | 2,676 | 54.9072 GBP |
1p ordinary | CFD | increasing a short position | 724 | 54.9072 GBP |
1p ordinary | CFD | increasing a short position | 21 | 54.9385 GBP |
1p ordinary | CFD | increasing a short position | 4 | 54.9500 GBP |
1p ordinary | CFD | increasing a short position | 490 | 54.9549 GBP |
1p ordinary | CFD | increasing a short position | 38 | 55.0105 GBP |
1p ordinary | CFD | increasing a short position | 21 | 55.0119 GBP |
1p ordinary | CFD | increasing a short position | 1,505 | 55.0337 GBP |
1p ordinary | CFD | reducing a long position | 53 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 19 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 9,061 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 797 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 13,204 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 248 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 241 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 503 | 54.6500 GBP |
1p ordinary | CFD | reducing a long position | 330 | 54.6538 GBP |
1p ordinary | CFD | reducing a long position | 1,423 | 54.6542 GBP |
1p ordinary | CFD | reducing a long position | 47 | 54.6915 GBP |
1p ordinary | CFD | reducing a long position | 372 | 54.7049 GBP |
1p ordinary | CFD | reducing a long position | 64 | 54.7117 GBP |
1p ordinary | CFD | reducing a long position | 1,220 | 54.7695 GBP |
1p ordinary | CFD | reducing a long position | 217 | 54.7940 GBP |
1p ordinary | CFD | reducing a long position | 15 | 54.8533 GBP |
1p ordinary | CFD | reducing a long position | 368 | 54.8709 GBP |
1p ordinary | CFD | reducing a long position | 579 | 54.8759 GBP |
1p ordinary | CFD | reducing a long position | 31 | 54.9385 GBP |
1p ordinary | CFD | reducing a short position | 11 | 54.6500 GBP |
1p ordinary | CFD | reducing a short position | 8 | 54.6500 GBP |
1p ordinary | CFD | reducing a short position | 192 | 54.6500 GBP |
1p ordinary | CFD | reducing a short position | 837 | 54.6500 GBP |
1p ordinary | CFD | reducing a short position | 706 | 54.6893 GBP |
1p ordinary | CFD | reducing a short position | 334 | 54.7059 GBP |
1p ordinary | CFD | reducing a short position | 390 | 54.7315 GBP |
1p ordinary | CFD | reducing a short position | 315 | 54.7397 GBP |
1p ordinary | CFD | reducing a short position | 68 | 54.7487 GBP |
1p ordinary | CFD | reducing a short position | 173 | 54.7487 GBP |
1p ordinary | CFD | reducing a short position | 89 | 54.7502 GBP |
1p ordinary | CFD | reducing a short position | 294 | 54.7572 GBP |
1p ordinary | CFD | reducing a short position | 2,862 | 54.7709 GBP |
1p ordinary | CFD | reducing a short position | 217 | 54.7720 GBP |
1p ordinary | CFD | reducing a short position | 252 | 54.7858 GBP |
1p ordinary | CFD | reducing a short position | 146 | 54.7876 GBP |
1p ordinary | CFD | reducing a short position | 774 | 54.8161 GBP |
1p ordinary | CFD | reducing a short position | 375 | 54.8171 GBP |
1p ordinary | CFD | reducing a short position | 1,026 | 54.8250 GBP |
1p ordinary | CFD | reducing a short position | 532 | 54.8250 GBP |
1p ordinary | CFD | reducing a short position | 9,275 | 54.8335 GBP |
1p ordinary | CFD | reducing a short position | 4,898 | 54.8335 GBP |
1p ordinary | CFD | reducing a short position | 8,850 | 54.8335 GBP |
1p ordinary | CFD | reducing a short position | 21 | 54.8500 GBP |
1p ordinary | CFD | reducing a short position | 163 | 54.8500 GBP |
1p ordinary | CFD | reducing a short position | 11 | 54.8503 GBP |
1p ordinary | CFD | reducing a short position | 3,931 | 54.8699 GBP |
1p ordinary | CFD | reducing a short position | 7,103 | 54.8699 GBP |
1p ordinary | CFD | reducing a short position | 7,443 | 54.8699 GBP |
1p ordinary | CFD | reducing a short position | 13,411 | 54.8884 GBP |
1p ordinary | CFD | reducing a short position | 2,169 | 54.8971 GBP |
1p ordinary | CFD | reducing a short position | 1,081 | 54.9006 GBP |
1p ordinary | CFD | reducing a short position | 95 | 54.9361 GBP |
1p ordinary | CFD | reducing a short position | 24 | 54.9508 GBP |
1p ordinary | CFD | reducing a short position | 7,402 | 54.9615 GBP |
1p ordinary | CFD | reducing a short position | 175 | 54.9742 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