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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: | 11 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 | 528,917 | 56.3000 GBP | 55.5389 GBP |
1p ordinary | PURCHASES | 640,281 | 56.4363 GBP | 55.5481 GBP |
1p ordinary | SALES | 25,000 | 74.4768 USD | 74.4768 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 | 194 | 55.5389 GBP |
1p ordinary | CFD | increasing a long position | 126 | 55.5500 GBP |
1p ordinary | CFD | increasing a long position | 4,521 | 55.5500 GBP |
1p ordinary | CFD | increasing a long position | 1,331 | 55.6192 GBP |
1p ordinary | CFD | increasing a long position | 49 | 55.6343 GBP |
1p ordinary | CFD | increasing a long position | 1,355 | 55.6773 GBP |
1p ordinary | CFD | increasing a long position | 716 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 326 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 4,737 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 317 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 1,707 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 1,516 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 190 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 3,111 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 147 | 55.6949 GBP |
1p ordinary | CFD | increasing a long position | 356 | 55.7010 GBP |
1p ordinary | CFD | increasing a long position | 5,445 | 55.9155 GBP |
1p ordinary | CFD | increasing a long position | 2,126 | 55.9479 GBP |
1p ordinary | CFD | increasing a long position | 3,348 | 56.0986 GBP |
1p ordinary | CFD | increasing a long position | 1 | 56.1680 GBP |
1p ordinary | CFD | increasing a long position | 118 | 56.2243 GBP |
1p ordinary | CFD | increasing a short position | 17,000 | 54.9975 GBP |
1p ordinary | CFD | increasing a short position | 12 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 133 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 8,637 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 343 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 229 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 21 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 480 | 55.5500 GBP |
1p ordinary | CFD | increasing a short position | 30,000 | 55.5522 GBP |
1p ordinary | CFD | increasing a short position | 185 | 55.5796 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 55.5889 GBP |
1p ordinary | CFD | increasing a short position | 125 | 55.6751 GBP |
1p ordinary | CFD | increasing a short position | 29,165 | 55.6764 GBP |
1p ordinary | CFD | increasing a short position | 225 | 55.6992 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 55.7000 GBP |
1p ordinary | CFD | increasing a short position | 1,342 | 55.7483 GBP |
1p ordinary | CFD | increasing a short position | 5,045 | 55.7483 GBP |
1p ordinary | CFD | increasing a short position | 2,264 | 55.7483 GBP |
1p ordinary | CFD | increasing a short position | 472 | 55.7483 GBP |
1p ordinary | CFD | increasing a short position | 3,667 | 55.7574 GBP |
1p ordinary | CFD | increasing a short position | 11,005 | 55.7574 GBP |
1p ordinary | CFD | increasing a short position | 5,328 | 55.7574 GBP |
1p ordinary | CFD | increasing a short position | 27 | 55.7667 GBP |
1p ordinary | CFD | increasing a short position | 290 | 55.7826 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 55.7938 GBP |
1p ordinary | CFD | increasing a short position | 2,500 | 55.8000 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 55.8000 GBP |
1p ordinary | CFD | increasing a short position | 30,000 | 55.8140 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 55.8240 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 55.8750 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 55.8776 GBP |
1p ordinary | CFD | increasing a short position | 2,597 | 55.8808 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 55.8808 GBP |
1p ordinary | CFD | increasing a short position | 703 | 55.8808 GBP |
1p ordinary | CFD | increasing a short position | 500 | 55.8808 GBP |
1p ordinary | CFD | increasing a short position | 7,834 | 56.0051 GBP |
1p ordinary | CFD | increasing a short position | 30,000 | 56.1281 GBP |
1p ordinary | CFD | increasing a short position | 1,017 | 56.1375 GBP |
1p ordinary | CFD | increasing a short position | 9,777 | 56.1658 GBP |
1p ordinary | CFD | increasing a short position | 22 | 56.1709 GBP |
1p ordinary | CFD | increasing a short position | 16,608 | 56.1719 GBP |
1p ordinary | CFD | increasing a short position | 7,659 | 56.2000 GBP |
1p ordinary | CFD | increasing a short position | 1,000 | 56.2000 GBP |
1p ordinary | CFD | increasing a short position | 40,000 | 56.2281 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 56.2562 GBP |
1p ordinary | CFD | increasing a short position | 40,000 | 56.3062 GBP |
1p ordinary | CFD | increasing a short position | 176 | 56.4363 GBP |
1p ordinary | CFD | reducing a long position | 203 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 56 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 361 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 50 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 241 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 16 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 4,659 | 55.5500 GBP |
1p ordinary | CFD | reducing a long position | 857 | 55.6338 GBP |
1p ordinary | CFD | reducing a long position | 200 | 55.7315 GBP |
1p ordinary | CFD | reducing a long position | 28 | 55.7857 GBP |
1p ordinary | CFD | reducing a long position | 20 | 55.8500 GBP |
1p ordinary | CFD | reducing a long position | 49 | 55.8500 GBP |
1p ordinary | CFD | reducing a long position | 37 | 55.8500 GBP |
1p ordinary | CFD | reducing a long position | 1,181 | 55.8918 GBP |
1p ordinary | CFD | reducing a long position | 897 | 55.9262 GBP |
1p ordinary | CFD | reducing a long position | 314 | 55.9790 GBP |
1p ordinary | CFD | reducing a long position | 82 | 55.9867 GBP |
1p ordinary | CFD | reducing a long position | 886 | 56.0051 GBP |
1p ordinary | CFD | reducing a long position | 173 | 56.1954 GBP |
1p ordinary | CFD | reducing a long position | 1 | 56.2517 GBP |
1p ordinary | CFD | reducing a short position | 329 | 55.5389 GBP |
1p ordinary | CFD | reducing a short position | 121 | 55.5389 GBP |
1p ordinary | CFD | reducing a short position | 1,881 | 55.5417 GBP |
1p ordinary | CFD | reducing a short position | 1,228 | 55.5417 GBP |
1p ordinary | CFD | reducing a short position | 8,637 | 55.5500 GBP |
1p ordinary | CFD | reducing a short position | 480 | 55.5500 GBP |
1p ordinary | CFD | reducing a short position | 2,051 | 55.5500 GBP |
1p ordinary | CFD | reducing a short position | 24 | 55.6063 GBP |
1p ordinary | CFD | reducing a short position | 1,974 | 55.6374 GBP |
1p ordinary | CFD | reducing a short position | 370 | 55.6500 GBP |
1p ordinary | CFD | reducing a short position | 197 | 55.6697 GBP |
1p ordinary | CFD | reducing a short position | 640 | 55.7172 GBP |
1p ordinary | CFD | reducing a short position | 18,193 | 55.7225 GBP |
1p ordinary | CFD | reducing a short position | 5 | 55.7280 GBP |
1p ordinary | CFD | reducing a short position | 9,733 | 55.7280 GBP |
1p ordinary | CFD | reducing a short position | 1,179 | 55.8007 GBP |
1p ordinary | CFD | reducing a short position | 472 | 55.8007 GBP |
1p ordinary | CFD | reducing a short position | 2,507 | 55.8007 GBP |
1p ordinary | CFD | reducing a short position | 125 | 55.8008 GBP |
1p ordinary | CFD | reducing a short position | 77 | 55.8008 GBP |
1p ordinary | CFD | reducing a short position | 120 | 55.8008 GBP |
1p ordinary | CFD | reducing a short position | 2,196 | 55.8137 GBP |
1p ordinary | CFD | reducing a short position | 60,000 | 55.8269 GBP |
1p ordinary | CFD | reducing a short position | 25,000 | 55.8297 GBP |
1p ordinary | CFD | reducing a short position | 6,816 | 55.8441 GBP |
1p ordinary | CFD | reducing a short position | 30 | 55.8500 GBP |
1p ordinary | CFD | reducing a short position | 12 | 55.8500 GBP |
1p ordinary | CFD | reducing a short position | 50 | 55.8500 GBP |
1p ordinary | CFD | reducing a short position | 762 | 55.9155 GBP |
1p ordinary | CFD | reducing a short position | 7,182 | 55.9397 GBP |
1p ordinary | CFD | reducing a short position | 28,446 | 55.9625 GBP |
1p ordinary | CFD | reducing a short position | 1 | 56.0500 GBP |
1p ordinary | CFD | reducing a short position | 8 | 56.0500 GBP |
1p ordinary | CFD | reducing a short position | 14 | 56.0500 GBP |
1p ordinary | CFD | reducing a short position | 1,639 | 56.0553 GBP |
1p ordinary | CFD | reducing a short position | 215 | 56.1342 GBP |
1p ordinary | CFD | reducing a short position | 17,944 | 56.1350 GBP |
1p ordinary | CFD | reducing a short position | 172 | 56.1455 GBP |
1p ordinary | CFD | reducing a short position | 266 | 56.1680 GBP |
1p ordinary | CFD | reducing a short position | 88 | 56.1996 GBP |
1p ordinary | CFD | reducing a short position | 1,000 | 56.2000 GBP |
1p ordinary | CFD | reducing a short position | 21 | 56.2243 GBP |
1p ordinary | CFD | reducing a short position | 5,386 | 56.2500 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: | 12 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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