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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: | 16 June 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 | 323,280 | 57.2500 GBP | 56.6966 GBP |
1p ordinary | SALES | 349,761 | 57.2500 GBP | 56.7000 GBP |
1p ordinary | PURCHASES | 6,303 | 76.3343 USD | 76.3343 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 | 1,216 | 56.7915 GBP |
1p ordinary | CFD | increasing a long position | 4,694 | 56.7915 GBP |
1p ordinary | CFD | increasing a long position | 1,196 | 56.7979 GBP |
1p ordinary | CFD | increasing a long position | 4 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 1,042 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 154 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 228 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 15 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 39 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 37 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 90 | 56.8000 GBP |
1p ordinary | CFD | increasing a long position | 691 | 56.8017 GBP |
1p ordinary | CFD | increasing a long position | 778 | 56.8059 GBP |
1p ordinary | CFD | increasing a long position | 2,355 | 56.8200 GBP |
1p ordinary | CFD | increasing a long position | 1,303 | 56.8271 GBP |
1p ordinary | CFD | increasing a long position | 179 | 56.8340 GBP |
1p ordinary | CFD | increasing a long position | 489 | 56.8500 GBP |
1p ordinary | CFD | increasing a long position | 17,385 | 56.8889 GBP |
1p ordinary | CFD | increasing a long position | 400 | 56.8991 GBP |
1p ordinary | CFD | increasing a long position | 475 | 56.9011 GBP |
1p ordinary | CFD | increasing a long position | 934 | 56.9345 GBP |
1p ordinary | CFD | increasing a long position | 2,839 | 56.9840 GBP |
1p ordinary | CFD | increasing a short position | 44 | 56.7000 GBP |
1p ordinary | CFD | increasing a short position | 7,952 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 1,096 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 817 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 219 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 3,567 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 369 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 1,096 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 1,856 | 56.8000 GBP |
1p ordinary | CFD | increasing a short position | 300 | 56.8177 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 56.8250 GBP |
1p ordinary | CFD | increasing a short position | 79 | 56.8464 GBP |
1p ordinary | CFD | increasing a short position | 195 | 56.8464 GBP |
1p ordinary | CFD | increasing a short position | 76 | 56.8639 GBP |
1p ordinary | CFD | increasing a short position | 4,472 | 56.8787 GBP |
1p ordinary | CFD | increasing a short position | 606 | 56.8806 GBP |
1p ordinary | CFD | increasing a short position | 1,228 | 56.8991 GBP |
1p ordinary | CFD | increasing a short position | 432 | 56.8991 GBP |
1p ordinary | CFD | increasing a short position | 10,750 | 56.8991 GBP |
1p ordinary | CFD | increasing a short position | 2,059 | 56.8991 GBP |
1p ordinary | CFD | increasing a short position | 4,612 | 56.8991 GBP |
1p ordinary | CFD | increasing a short position | 4,491 | 56.9201 GBP |
1p ordinary | CFD | increasing a short position | 2 | 56.9500 GBP |
1p ordinary | CFD | increasing a short position | 1,125 | 56.9568 GBP |
1p ordinary | CFD | increasing a short position | 25 | 57.0000 GBP |
1p ordinary | CFD | increasing a short position | 13 | 57.0115 GBP |
1p ordinary | CFD | increasing a short position | 65 | 57.0792 GBP |
1p ordinary | CFD | increasing a short position | 120 | 57.0793 GBP |
1p ordinary | CFD | increasing a short position | 4,359 | 57.0855 GBP |
1p ordinary | CFD | reducing a long position | 4 | 56.8000 GBP |
1p ordinary | CFD | reducing a long position | 60 | 56.8000 GBP |
1p ordinary | CFD | reducing a long position | 3,431 | 56.8000 GBP |
1p ordinary | CFD | reducing a long position | 550 | 56.8000 GBP |
1p ordinary | CFD | reducing a long position | 1 | 56.8000 GBP |
1p ordinary | CFD | reducing a long position | 691 | 56.8013 GBP |
1p ordinary | CFD | reducing a long position | 713 | 56.8022 GBP |
1p ordinary | CFD | reducing a long position | 3,920 | 56.8026 GBP |
1p ordinary | CFD | reducing a long position | 9,004 | 56.8084 GBP |
1p ordinary | CFD | reducing a long position | 25 | 56.8140 GBP |
1p ordinary | CFD | reducing a long position | 17 | 56.8353 GBP |
1p ordinary | CFD | reducing a long position | 125 | 56.8416 GBP |
1p ordinary | CFD | reducing a long position | 606 | 56.8661 GBP |
1p ordinary | CFD | reducing a long position | 6,303 | 56.8670 GBP |
1p ordinary | CFD | reducing a long position | 1,368 | 56.9047 GBP |
1p ordinary | CFD | reducing a long position | 1,200 | 57.0062 GBP |
1p ordinary | CFD | reducing a short position | 273 | 56.7250 GBP |
1p ordinary | CFD | reducing a short position | 44 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 504 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 3,502 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 58 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 369 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 2 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 3 | 56.8000 GBP |
1p ordinary | CFD | reducing a short position | 1,588 | 56.8206 GBP |
1p ordinary | CFD | reducing a short position | 4,162 | 56.8332 GBP |
1p ordinary | CFD | reducing a short position | 1 | 56.8500 GBP |
1p ordinary | CFD | reducing a short position | 1,856 | 56.8715 GBP |
1p ordinary | CFD | reducing a short position | 13 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 633 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 40 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 13 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 49 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 225 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 60 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 4 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 211 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 183 | 56.8866 GBP |
1p ordinary | CFD | reducing a short position | 13 | 56.8992 GBP |
1p ordinary | CFD | reducing a short position | 1 | 56.9000 GBP |
1p ordinary | CFD | reducing a short position | 6,295 | 56.9345 GBP |
1p ordinary | CFD | reducing a short position | 985 | 56.9929 GBP |
1p ordinary | CFD | reducing a short position | 2,315 | 56.9929 GBP |
1p ordinary | CFD | reducing a short position | 4,548 | 56.9929 GBP |
1p ordinary | CFD | reducing a short position | 1,842 | 56.9929 GBP |
1p ordinary | CFD | reducing a short position | 310 | 56.9929 GBP |
1p ordinary | CFD | reducing a short position | 2,000 | 57.0500 GBP |
1p ordinary | CFD | reducing a short position | 3,000 | 57.0500 GBP |
1p ordinary | CFD | reducing a short position | 310 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 1,000 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 800 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 8,600 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 2,315 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 4,548 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 985 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 1,300 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 2,500 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 1,842 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 200 | 57.1000 GBP |
1p ordinary | CFD | reducing a short position | 4 | 57.1700 GBP |
1p ordinary | CFD | reducing a short position | 8 | 57.1713 GBP |
1p ordinary | CFD | reducing a short position | 119 | 57.2500 GBP |
1p ordinary | CFD | reducing a short position | 4,352 | 57.2500 GBP |
1p ordinary | CFD | reducing a short position | 596 | 57.2500 GBP |
1p ordinary | CFD | reducing a short position | 417 | 57.2500 GBP |
1p ordinary | CFD | reducing a short position | 596 | 57.2500 GBP |
1p ordinary | CFD | reducing a short position | 1,967 | 57.2500 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: | 17 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.
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