28th Apr 2026 15:37
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: | 24 April 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 | 352,347 | 49.1700 GBP | 48.0962 GBP |
1p ordinary | SALES | 419,559 | 49.1700 GBP | 48.0663 GBP |
1p ordinary | SALES | 3,999 | 65.4828 USD | 65.4828 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 | 6,230 | 48.1000 GBP |
1p ordinary | CFD | increasing a long position | 15,613 | 48.1000 GBP |
1p ordinary | CFD | increasing a long position | 417 | 48.2595 GBP |
1p ordinary | CFD | increasing a long position | 3,283 | 48.3590 GBP |
1p ordinary | CFD | increasing a long position | 3,243 | 48.6160 GBP |
1p ordinary | CFD | increasing a long position | 14 | 48.6300 GBP |
1p ordinary | CFD | increasing a long position | 31 | 48.6400 GBP |
1p ordinary | CFD | increasing a long position | 19 | 48.6455 GBP |
1p ordinary | CFD | increasing a long position | 139 | 48.7092 GBP |
1p ordinary | CFD | increasing a long position | 446 | 48.7531 GBP |
1p ordinary | CFD | increasing a long position | 15 | 49.1546 GBP |
1p ordinary | CFD | increasing a short position | 116 | 48.1000 GBP |
1p ordinary | CFD | increasing a short position | 21,843 | 48.1000 GBP |
1p ordinary | CFD | increasing a short position | 1 | 48.1000 GBP |
1p ordinary | CFD | increasing a short position | 3,651 | 48.1000 GBP |
1p ordinary | CFD | increasing a short position | 962 | 48.1106 GBP |
1p ordinary | CFD | increasing a short position | 886 | 48.1319 GBP |
1p ordinary | CFD | increasing a short position | 2,380 | 48.1319 GBP |
1p ordinary | CFD | increasing a short position | 1,945 | 48.1319 GBP |
1p ordinary | CFD | increasing a short position | 1,157 | 48.1423 GBP |
1p ordinary | CFD | increasing a short position | 278 | 48.1922 GBP |
1p ordinary | CFD | increasing a short position | 88 | 48.2000 GBP |
1p ordinary | CFD | increasing a short position | 678 | 48.2074 GBP |
1p ordinary | CFD | increasing a short position | 10 | 48.2197 GBP |
1p ordinary | CFD | increasing a short position | 172 | 48.2250 GBP |
1p ordinary | CFD | increasing a short position | 3,830 | 48.2602 GBP |
1p ordinary | CFD | increasing a short position | 200 | 48.2684 GBP |
1p ordinary | CFD | increasing a short position | 1,000 | 48.3081 GBP |
1p ordinary | CFD | increasing a short position | 191 | 48.3086 GBP |
1p ordinary | CFD | increasing a short position | 1,902 | 48.3237 GBP |
1p ordinary | CFD | increasing a short position | 23,721 | 48.3328 GBP |
1p ordinary | CFD | increasing a short position | 8,408 | 48.3328 GBP |
1p ordinary | CFD | increasing a short position | 7,908 | 48.3328 GBP |
1p ordinary | CFD | increasing a short position | 302 | 48.3538 GBP |
1p ordinary | CFD | increasing a short position | 921 | 48.3573 GBP |
1p ordinary | CFD | increasing a short position | 116 | 48.3684 GBP |
1p ordinary | CFD | increasing a short position | 69 | 48.3758 GBP |
1p ordinary | CFD | increasing a short position | 682 | 48.3870 GBP |
1p ordinary | CFD | increasing a short position | 1,671 | 48.3938 GBP |
1p ordinary | CFD | increasing a short position | 1,383 | 48.4454 GBP |
1p ordinary | CFD | increasing a short position | 637 | 48.4540 GBP |
1p ordinary | CFD | increasing a short position | 15,310 | 48.4800 GBP |
1p ordinary | CFD | increasing a short position | 202 | 48.4862 GBP |
1p ordinary | CFD | increasing a short position | 682 | 48.5541 GBP |
1p ordinary | CFD | increasing a short position | 904 | 48.6583 GBP |
1p ordinary | CFD | increasing a short position | 260 | 48.6878 GBP |
1p ordinary | CFD | increasing a short position | 1,842 | 48.7041 GBP |
1p ordinary | CFD | increasing a short position | 4,548 | 48.7041 GBP |
1p ordinary | CFD | increasing a short position | 2,315 | 48.7041 GBP |
1p ordinary | CFD | increasing a short position | 310 | 48.7041 GBP |
1p ordinary | CFD | increasing a short position | 985 | 48.7041 GBP |
1p ordinary | CFD | increasing a short position | 9,270 | 48.7172 GBP |
1p ordinary | CFD | increasing a short position | 241 | 48.7549 GBP |
1p ordinary | CFD | increasing a short position | 6,105 | 48.7604 GBP |
1p ordinary | CFD | increasing a short position | 219 | 48.7688 GBP |
1p ordinary | CFD | increasing a short position | 252 | 48.7813 GBP |
1p ordinary | CFD | increasing a short position | 235 | 48.7879 GBP |
1p ordinary | CFD | increasing a short position | 435 | 48.7956 GBP |
1p ordinary | CFD | increasing a short position | 131 | 48.9029 GBP |
1p ordinary | CFD | increasing a short position | 47 | 48.9066 GBP |
1p ordinary | CFD | increasing a short position | 318 | 49.1429 GBP |
1p ordinary | CFD | reducing a long position | 180 | 48.1000 GBP |
1p ordinary | CFD | reducing a long position | 383 | 48.1000 GBP |
1p ordinary | CFD | reducing a long position | 46 | 48.1000 GBP |
1p ordinary | CFD | reducing a long position | 3,409 | 48.1000 GBP |
1p ordinary | CFD | reducing a long position | 1,002 | 48.1000 GBP |
1p ordinary | CFD | reducing a long position | 158 | 48.1225 GBP |
1p ordinary | CFD | reducing a long position | 1,175 | 48.1423 GBP |
1p ordinary | CFD | reducing a long position | 159 | 48.2106 GBP |
1p ordinary | CFD | reducing a long position | 698 | 48.2926 GBP |
1p ordinary | CFD | reducing a long position | 2,285 | 48.3334 GBP |
1p ordinary | CFD | reducing a long position | 1 | 48.3900 GBP |
1p ordinary | CFD | reducing a long position | 4 | 48.4225 GBP |
1p ordinary | CFD | reducing a long position | 238 | 48.5402 GBP |
1p ordinary | CFD | reducing a long position | 17 | 48.7303 GBP |
1p ordinary | CFD | reducing a short position | 15,590 | 48.0663 GBP |
1p ordinary | CFD | reducing a short position | 5,884 | 48.0663 GBP |
1p ordinary | CFD | reducing a short position | 3,490 | 48.0700 GBP |
1p ordinary | CFD | reducing a short position | 4 | 48.0925 GBP |
1p ordinary | CFD | reducing a short position | 3 | 48.0933 GBP |
1p ordinary | CFD | reducing a short position | 6 | 48.0933 GBP |
1p ordinary | CFD | reducing a short position | 3 | 48.0933 GBP |
1p ordinary | CFD | reducing a short position | 18 | 48.1000 GBP |
1p ordinary | CFD | reducing a short position | 69 | 48.1000 GBP |
1p ordinary | CFD | reducing a short position | 43 | 48.1000 GBP |
1p ordinary | CFD | reducing a short position | 88 | 48.1000 GBP |
1p ordinary | CFD | reducing a short position | 52 | 48.1567 GBP |
1p ordinary | CFD | reducing a short position | 260 | 48.1668 GBP |
1p ordinary | CFD | reducing a short position | 995 | 48.1669 GBP |
1p ordinary | CFD | reducing a short position | 188 | 48.1669 GBP |
1p ordinary | CFD | reducing a short position | 197 | 48.1669 GBP |
1p ordinary | CFD | reducing a short position | 3,549 | 48.1816 GBP |
1p ordinary | CFD | reducing a short position | 25 | 48.2093 GBP |
1p ordinary | CFD | reducing a short position | 287 | 48.2450 GBP |
1p ordinary | CFD | reducing a short position | 4 | 48.2856 GBP |
1p ordinary | CFD | reducing a short position | 4 | 48.2856 GBP |
1p ordinary | CFD | reducing a short position | 23 | 48.2856 GBP |
1p ordinary | CFD | reducing a short position | 6 | 48.2856 GBP |
1p ordinary | CFD | reducing a short position | 5 | 48.3264 GBP |
1p ordinary | CFD | reducing a short position | 9 | 48.3264 GBP |
1p ordinary | CFD | reducing a short position | 51 | 48.3264 GBP |
1p ordinary | CFD | reducing a short position | 16 | 48.3264 GBP |
1p ordinary | CFD | reducing a short position | 40 | 48.3264 GBP |
1p ordinary | CFD | reducing a short position | 921 | 48.3460 GBP |
1p ordinary | CFD | reducing a short position | 1 | 48.3500 GBP |
1p ordinary | CFD | reducing a short position | 3,000 | 48.3603 GBP |
1p ordinary | CFD | reducing a short position | 147 | 48.4093 GBP |
1p ordinary | CFD | reducing a short position | 4,306 | 48.4166 GBP |
1p ordinary | CFD | reducing a short position | 2,297 | 48.4400 GBP |
1p ordinary | CFD | reducing a short position | 1,285 | 48.4422 GBP |
1p ordinary | CFD | reducing a short position | 485 | 48.4422 GBP |
1p ordinary | CFD | reducing a short position | 3,999 | 48.4681 GBP |
1p ordinary | CFD | reducing a short position | 83,348 | 48.5050 GBP |
1p ordinary | CFD | reducing a short position | 116 | 48.5384 GBP |
1p ordinary | CFD | reducing a short position | 8,527 | 48.6225 GBP |
1p ordinary | CFD | reducing a short position | 47 | 48.7092 GBP |
1p ordinary | CFD | reducing a short position | 1,103 | 48.7093 GBP |
1p ordinary | CFD | reducing a short position | 6,061 | 48.7195 GBP |
1p ordinary | CFD | reducing a short position | 17 | 48.7542 GBP |
1p ordinary | CFD | reducing a short position | 21 | 48.7542 GBP |
1p ordinary | CFD | reducing a short position | 7 | 48.7542 GBP |
1p ordinary | CFD | reducing a short position | 690 | 48.7567 GBP |
1p ordinary | CFD | reducing a short position | 6,752 | 48.7682 GBP |
1p ordinary | CFD | reducing a short position | 1,789 | 48.7705 GBP |
1p ordinary | CFD | reducing a short position | 4 | 48.8850 GBP |
1p ordinary | CFD | reducing a short position | 2 | 49.0100 GBP |
1p ordinary | CFD | reducing a short position | 112 | 49.0164 GBP |
1p ordinary | CFD | reducing a short position | 29,783 | 49.0562 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: | 28 April 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