19 Jun 2026 08:38
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: | 18 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 | SALES | 1,571,361 | 58.1616 GBP | 56.9500 GBP |
1p ordinary | PURCHASES | 2,597,393 | 58.1975 GBP | 56.9500 GBP |
1p ordinary | PURCHASES | 137,024 | 76.9021 USD | 76.9021 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 | 65 | 57.6250 GBP |
1p ordinary | CFD | increasing a long position | 6,844 | 57.9542 GBP |
1p ordinary | CFD | increasing a long position | 85 | 57.9933 GBP |
1p ordinary | CFD | increasing a long position | 9,553 | 57.9969 GBP |
1p ordinary | CFD | increasing a long position | 1 | 58.0000 GBP |
1p ordinary | CFD | increasing a long position | 5,104 | 58.0432 GBP |
1p ordinary | CFD | increasing a long position | 30,000 | 58.0443 GBP |
1p ordinary | CFD | increasing a long position | 446 | 58.0521 GBP |
1p ordinary | CFD | increasing a long position | 4,810 | 58.0634 GBP |
1p ordinary | CFD | increasing a long position | 676 | 58.0648 GBP |
1p ordinary | CFD | increasing a long position | 21,202 | 58.0657 GBP |
1p ordinary | CFD | increasing a long position | 101 | 58.0781 GBP |
1p ordinary | CFD | increasing a long position | 30,000 | 58.0867 GBP |
1p ordinary | CFD | increasing a long position | 41 | 58.0870 GBP |
1p ordinary | CFD | increasing a long position | 102 | 58.0870 GBP |
1p ordinary | CFD | increasing a long position | 4 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 681 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 116 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 483 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 1,994 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 1,458 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 355 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 235 | 58.0912 GBP |
1p ordinary | CFD | increasing a long position | 960 | 58.0931 GBP |
1p ordinary | CFD | increasing a long position | 24,144 | 58.0976 GBP |
1p ordinary | CFD | increasing a long position | 1,113 | 58.1000 GBP |
1p ordinary | CFD | increasing a long position | 1,820 | 58.1019 GBP |
1p ordinary | CFD | increasing a long position | 186 | 58.1048 GBP |
1p ordinary | CFD | increasing a long position | 1 | 58.1250 GBP |
1p ordinary | CFD | increasing a long position | 1,385 | 58.1356 GBP |
1p ordinary | CFD | increasing a long position | 1 | 58.1400 GBP |
1p ordinary | CFD | increasing a long position | 1,283 | 58.1413 GBP |
1p ordinary | CFD | increasing a long position | 1,655 | 58.1413 GBP |
1p ordinary | CFD | increasing a long position | 734 | 58.1413 GBP |
1p ordinary | CFD | increasing a long position | 1,470 | 58.1413 GBP |
1p ordinary | CFD | increasing a long position | 5,355 | 58.1418 GBP |
1p ordinary | CFD | increasing a long position | 2,628 | 58.1446 GBP |
1p ordinary | CFD | increasing a long position | 182 | 58.1494 GBP |
1p ordinary | CFD | increasing a long position | 5,466 | 58.1500 GBP |
1p ordinary | CFD | increasing a long position | 3,197 | 58.1500 GBP |
1p ordinary | CFD | increasing a long position | 177 | 58.1500 GBP |
1p ordinary | CFD | increasing a long position | 264 | 58.1500 GBP |
1p ordinary | CFD | increasing a long position | 2,626 | 58.1500 GBP |
1p ordinary | CFD | increasing a long position | 1,364 | 58.1500 GBP |
1p ordinary | CFD | increasing a long position | 68 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 15 | 56.9500 GBP |
1p ordinary | CFD | increasing a short position | 2,541 | 57.5213 GBP |
1p ordinary | CFD | increasing a short position | 2,300 | 57.5500 GBP |
1p ordinary | CFD | increasing a short position | 969 | 57.5500 GBP |
1p ordinary | CFD | increasing a short position | 3,000 | 57.5833 GBP |
1p ordinary | CFD | increasing a short position | 13,565 | 57.6693 GBP |
1p ordinary | CFD | increasing a short position | 99,028 | 57.6693 GBP |
1p ordinary | CFD | increasing a short position | 10,852 | 57.6693 GBP |
1p ordinary | CFD | increasing a short position | 2,713 | 57.6693 GBP |
1p ordinary | CFD | increasing a short position | 47,479 | 57.6693 GBP |
1p ordinary | CFD | increasing a short position | 13,565 | 57.6693 GBP |
1p ordinary | CFD | increasing a short position | 183 | 57.8623 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 57.8695 GBP |
1p ordinary | CFD | increasing a short position | 3,698 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 538 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 2,542 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 1,114 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 1,458 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 1,549 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 889 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 508 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 658 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 966 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 708 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 372 | 57.9347 GBP |
1p ordinary | CFD | increasing a short position | 120 | 57.9438 GBP |
1p ordinary | CFD | increasing a short position | 13,098 | 57.9566 GBP |
1p ordinary | CFD | increasing a short position | 1,171 | 58.0132 GBP |
1p ordinary | CFD | increasing a short position | 243 | 58.0132 GBP |
1p ordinary | CFD | increasing a short position | 5,968 | 58.0132 GBP |
1p ordinary | CFD | increasing a short position | 2,571 | 58.0132 GBP |
1p ordinary | CFD | increasing a short position | 681 | 58.0132 GBP |
1p ordinary | CFD | increasing a short position | 1,119 | 58.0203 GBP |
1p ordinary | CFD | increasing a short position | 1,192 | 58.0203 GBP |
1p ordinary | CFD | increasing a short position | 10,452 | 58.0487 GBP |
1p ordinary | CFD | increasing a short position | 4,925 | 58.0500 GBP |
1p ordinary | CFD | increasing a short position | 170,580 | 58.0790 GBP |
1p ordinary | CFD | increasing a short position | 229,420 | 58.0790 GBP |
1p ordinary | CFD | increasing a short position | 13 | 58.0979 GBP |
1p ordinary | CFD | increasing a short position | 4,333 | 58.1000 GBP |
1p ordinary | CFD | increasing a short position | 55 | 58.1000 GBP |
1p ordinary | CFD | increasing a short position | 5,955 | 58.1000 GBP |
1p ordinary | CFD | increasing a short position | 16,950 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 5,924 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 4,718 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 24,651 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 3,384 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 7,426 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 6,438 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 3,515 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 9,717 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 2,484 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 4,389 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 10,330 | 58.1048 GBP |
1p ordinary | CFD | increasing a short position | 3,201 | 58.1092 GBP |
1p ordinary | CFD | increasing a short position | 9,255 | 58.1219 GBP |
1p ordinary | CFD | increasing a short position | 5 | 58.1280 GBP |
1p ordinary | CFD | increasing a short position | 516,196 | 58.1291 GBP |
1p ordinary | CFD | increasing a short position | 383,804 | 58.1291 GBP |
1p ordinary | CFD | increasing a short position | 47 | 58.1463 GBP |
1p ordinary | CFD | increasing a short position | 204 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 132 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 100 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 52 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 506 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 8,973 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 916 | 58.1500 GBP |
1p ordinary | CFD | increasing a short position | 5 | 58.1540 GBP |
1p ordinary | CFD | increasing a short position | 181,561 | 58.1976 GBP |
1p ordinary | CFD | reducing a long position | 7 | 57.5803 GBP |
1p ordinary | CFD | reducing a long position | 1 | 57.5967 GBP |
1p ordinary | CFD | reducing a long position | 1 | 57.6817 GBP |
1p ordinary | CFD | reducing a long position | 901 | 57.9566 GBP |
1p ordinary | CFD | reducing a long position | 181 | 58.0590 GBP |
1p ordinary | CFD | reducing a long position | 12 | 58.0642 GBP |
1p ordinary | CFD | reducing a long position | 165 | 58.0865 GBP |
1p ordinary | CFD | reducing a long position | 71 | 58.0876 GBP |
1p ordinary | CFD | reducing a long position | 5 | 58.0900 GBP |
1p ordinary | CFD | reducing a long position | 50 | 58.1042 GBP |
1p ordinary | CFD | reducing a long position | 74 | 58.1048 GBP |
1p ordinary | CFD | reducing a long position | 700 | 58.1066 GBP |
1p ordinary | CFD | reducing a long position | 137,024 | 58.1108 GBP |
1p ordinary | CFD | reducing a long position | 530 | 58.1138 GBP |
1p ordinary | CFD | reducing a long position | 54 | 58.1170 GBP |
1p ordinary | CFD | reducing a long position | 1 | 58.1250 GBP |
1p ordinary | CFD | reducing a long position | 10 | 58.1417 GBP |
1p ordinary | CFD | reducing a long position | 15,689 | 58.1500 GBP |
1p ordinary | CFD | reducing a long position | 40 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 86 | 57.4219 GBP |
1p ordinary | CFD | reducing a short position | 1,425 | 57.4219 GBP |
1p ordinary | CFD | reducing a short position | 2,103 | 57.5495 GBP |
1p ordinary | CFD | reducing a short position | 8,973 | 57.5500 GBP |
1p ordinary | CFD | reducing a short position | 9,155 | 57.5949 GBP |
1p ordinary | CFD | reducing a short position | 754 | 57.6260 GBP |
1p ordinary | CFD | reducing a short position | 2,541 | 57.6484 GBP |
1p ordinary | CFD | reducing a short position | 1,000 | 57.6500 GBP |
1p ordinary | CFD | reducing a short position | 977 | 57.6500 GBP |
1p ordinary | CFD | reducing a short position | 306 | 57.6500 GBP |
1p ordinary | CFD | reducing a short position | 4,525 | 57.6500 GBP |
1p ordinary | CFD | reducing a short position | 1,899 | 57.6500 GBP |
1p ordinary | CFD | reducing a short position | 2,293 | 57.6500 GBP |
1p ordinary | CFD | reducing a short position | 298 | 57.6689 GBP |
1p ordinary | CFD | reducing a short position | 1,600 | 57.7500 GBP |
1p ordinary | CFD | reducing a short position | 100 | 57.7500 GBP |
1p ordinary | CFD | reducing a short position | 1,229 | 57.8472 GBP |
1p ordinary | CFD | reducing a short position | 5,000 | 57.9000 GBP |
1p ordinary | CFD | reducing a short position | 25,837 | 57.9176 GBP |
1p ordinary | CFD | reducing a short position | 66,119 | 57.9210 GBP |
1p ordinary | CFD | reducing a short position | 223 | 57.9239 GBP |
1p ordinary | CFD | reducing a short position | 336 | 57.9657 GBP |
1p ordinary | CFD | reducing a short position | 60,134 | 57.9710 GBP |
1p ordinary | CFD | reducing a short position | 5,984 | 57.9770 GBP |
1p ordinary | CFD | reducing a short position | 43,680 | 57.9770 GBP |
1p ordinary | CFD | reducing a short position | 5,984 | 57.9770 GBP |
1p ordinary | CFD | reducing a short position | 4,787 | 57.9770 GBP |
1p ordinary | CFD | reducing a short position | 1,197 | 57.9770 GBP |
1p ordinary | CFD | reducing a short position | 20,943 | 57.9770 GBP |
1p ordinary | CFD | reducing a short position | 22,838 | 57.9823 GBP |
1p ordinary | CFD | reducing a short position | 12,800 | 57.9841 GBP |
1p ordinary | CFD | reducing a short position | 6 | 57.9916 GBP |
1p ordinary | CFD | reducing a short position | 65 | 57.9933 GBP |
1p ordinary | CFD | reducing a short position | 93 | 58.0000 GBP |
1p ordinary | CFD | reducing a short position | 13,261 | 58.0315 GBP |
1p ordinary | CFD | reducing a short position | 107 | 58.0342 GBP |
1p ordinary | CFD | reducing a short position | 676 | 58.0418 GBP |
1p ordinary | CFD | reducing a short position | 1,093 | 58.0436 GBP |
1p ordinary | CFD | reducing a short position | 60,000 | 58.0460 GBP |
1p ordinary | CFD | reducing a short position | 32 | 58.0497 GBP |
1p ordinary | CFD | reducing a short position | 232 | 58.0500 GBP |
1p ordinary | CFD | reducing a short position | 326 | 58.0500 GBP |
1p ordinary | CFD | reducing a short position | 40 | 58.0501 GBP |
1p ordinary | CFD | reducing a short position | 14 | 58.0502 GBP |
1p ordinary | CFD | reducing a short position | 9,255 | 58.0521 GBP |
1p ordinary | CFD | reducing a short position | 7,992 | 58.0544 GBP |
1p ordinary | CFD | reducing a short position | 6,235 | 58.0648 GBP |
1p ordinary | CFD | reducing a short position | 40,000 | 58.0710 GBP |
1p ordinary | CFD | reducing a short position | 20,000 | 58.0715 GBP |
1p ordinary | CFD | reducing a short position | 40,000 | 58.0749 GBP |
1p ordinary | CFD | reducing a short position | 120,750 | 58.0867 GBP |
1p ordinary | CFD | reducing a short position | 19 | 58.0868 GBP |
1p ordinary | CFD | reducing a short position | 2,095 | 58.0870 GBP |
1p ordinary | CFD | reducing a short position | 841 | 58.0870 GBP |
1p ordinary | CFD | reducing a short position | 3,688 | 58.0870 GBP |
1p ordinary | CFD | reducing a short position | 3,545 | 58.0877 GBP |
1p ordinary | CFD | reducing a short position | 11 | 58.0909 GBP |
1p ordinary | CFD | reducing a short position | 40,000 | 58.0953 GBP |
1p ordinary | CFD | reducing a short position | 134 | 58.0963 GBP |
1p ordinary | CFD | reducing a short position | 175 | 58.1000 GBP |
1p ordinary | CFD | reducing a short position | 2 | 58.1000 GBP |
1p ordinary | CFD | reducing a short position | 25 | 58.1016 GBP |
1p ordinary | CFD | reducing a short position | 18,137 | 58.1065 GBP |
1p ordinary | CFD | reducing a short position | 390 | 58.1494 GBP |
1p ordinary | CFD | reducing a short position | 10 | 58.1496 GBP |
1p ordinary | CFD | reducing a short position | 15 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 2,022 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 254 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 339 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 549 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 4,008 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 449 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 5 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 2 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 142 | 58.1500 GBP |
1p ordinary | CFD | reducing a short position | 55 | 58.1501 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: | 19 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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