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28 May 2026 15:58
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: | 26 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 | 193,506 | 55.3500 GBP | 54.8996 GBP |
1p ordinary | SALES | 286,263 | 55.3500 GBP | 54.9000 GBP |
1p ordinary | SALES | 14,588 | 74.0314 USD | 74.0314 USD |
1p ordinary | PURCHASES | 25,000 | 74.1734 USD | 74.1734 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 | 133 | 55.0508 GBP |
1p ordinary | CFD | increasing a long position | 14,588 | 55.0817 GBP |
1p ordinary | CFD | increasing a long position | 582 | 55.0926 GBP |
1p ordinary | CFD | increasing a long position | 3 | 55.1000 GBP |
1p ordinary | CFD | increasing a long position | 40,442 | 55.1005 GBP |
1p ordinary | CFD | increasing a long position | 167 | 55.1007 GBP |
1p ordinary | CFD | increasing a long position | 38 | 55.1007 GBP |
1p ordinary | CFD | increasing a long position | 142 | 55.1007 GBP |
1p ordinary | CFD | increasing a long position | 293 | 55.1007 GBP |
1p ordinary | CFD | increasing a long position | 227 | 55.1016 GBP |
1p ordinary | CFD | increasing a long position | 675 | 55.1020 GBP |
1p ordinary | CFD | increasing a long position | 411 | 55.1572 GBP |
1p ordinary | CFD | increasing a short position | 130 | 55.0115 GBP |
1p ordinary | CFD | increasing a short position | 1,098 | 55.0330 GBP |
1p ordinary | CFD | increasing a short position | 5,917 | 55.0373 GBP |
1p ordinary | CFD | increasing a short position | 75 | 55.0395 GBP |
1p ordinary | CFD | increasing a short position | 783 | 55.0455 GBP |
1p ordinary | CFD | increasing a short position | 209 | 55.0461 GBP |
1p ordinary | CFD | increasing a short position | 10 | 55.0500 GBP |
1p ordinary | CFD | increasing a short position | 5 | 55.0500 GBP |
1p ordinary | CFD | increasing a short position | 23 | 55.0504 GBP |
1p ordinary | CFD | increasing a short position | 12 | 55.0558 GBP |
1p ordinary | CFD | increasing a short position | 163 | 55.0678 GBP |
1p ordinary | CFD | increasing a short position | 25,000 | 55.0991 GBP |
1p ordinary | CFD | increasing a short position | 45 | 55.0998 GBP |
1p ordinary | CFD | increasing a short position | 231 | 55.0998 GBP |
1p ordinary | CFD | increasing a short position | 2,159 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 2,159 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 4 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 792 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 1,270 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 102 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 289 | 55.1000 GBP |
1p ordinary | CFD | increasing a short position | 6,168 | 55.1009 GBP |
1p ordinary | CFD | increasing a short position | 7,752 | 55.1009 GBP |
1p ordinary | CFD | increasing a short position | 18,512 | 55.1009 GBP |
1p ordinary | CFD | increasing a short position | 1,077 | 55.1010 GBP |
1p ordinary | CFD | increasing a short position | 26 | 55.1019 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 55.1036 GBP |
1p ordinary | CFD | increasing a short position | 4 | 55.1048 GBP |
1p ordinary | CFD | increasing a short position | 545 | 55.1106 GBP |
1p ordinary | CFD | increasing a short position | 11 | 55.1145 GBP |
1p ordinary | CFD | increasing a short position | 233 | 55.1176 GBP |
1p ordinary | CFD | increasing a short position | 59 | 55.1192 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 55.1206 GBP |
1p ordinary | CFD | increasing a short position | 20 | 55.1245 GBP |
1p ordinary | CFD | increasing a short position | 1 | 55.1250 GBP |
1p ordinary | CFD | increasing a short position | 151 | 55.1260 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 55.1276 GBP |
1p ordinary | CFD | increasing a short position | 3,278 | 55.1358 GBP |
1p ordinary | CFD | increasing a short position | 446 | 55.1365 GBP |
1p ordinary | CFD | increasing a short position | 107 | 55.1542 GBP |
1p ordinary | CFD | reducing a long position | 544 | 55.0471 GBP |
1p ordinary | CFD | reducing a long position | 301 | 55.0659 GBP |
1p ordinary | CFD | reducing a long position | 178 | 55.0810 GBP |
1p ordinary | CFD | reducing a long position | 29 | 55.0862 GBP |
1p ordinary | CFD | reducing a long position | 60 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 571 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 56 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 167 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 411 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 316 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 3 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 171 | 55.1000 GBP |
1p ordinary | CFD | reducing a long position | 240 | 55.1250 GBP |
1p ordinary | CFD | reducing a long position | 373 | 55.1500 GBP |
1p ordinary | CFD | reducing a short position | 63 | 54.9127 GBP |
1p ordinary | CFD | reducing a short position | 197 | 54.9956 GBP |
1p ordinary | CFD | reducing a short position | 8,791 | 55.0225 GBP |
1p ordinary | CFD | reducing a short position | 16,637 | 55.0225 GBP |
1p ordinary | CFD | reducing a short position | 15,872 | 55.0225 GBP |
1p ordinary | CFD | reducing a short position | 176 | 55.0355 GBP |
1p ordinary | CFD | reducing a short position | 202 | 55.0560 GBP |
1p ordinary | CFD | reducing a short position | 507 | 55.0571 GBP |
1p ordinary | CFD | reducing a short position | 3,375 | 55.0634 GBP |
1p ordinary | CFD | reducing a short position | 6,600 | 55.0673 GBP |
1p ordinary | CFD | reducing a short position | 1,908 | 55.0724 GBP |
1p ordinary | CFD | reducing a short position | 6,538 | 55.0753 GBP |
1p ordinary | CFD | reducing a short position | 308 | 55.0763 GBP |
1p ordinary | CFD | reducing a short position | 266 | 55.0769 GBP |
1p ordinary | CFD | reducing a short position | 643 | 55.0770 GBP |
1p ordinary | CFD | reducing a short position | 611 | 55.0852 GBP |
1p ordinary | CFD | reducing a short position | 1,077 | 55.0852 GBP |
1p ordinary | CFD | reducing a short position | 133 | 55.0901 GBP |
1p ordinary | CFD | reducing a short position | 220 | 55.0901 GBP |
1p ordinary | CFD | reducing a short position | 52 | 55.0901 GBP |
1p ordinary | CFD | reducing a short position | 318 | 55.0922 GBP |
1p ordinary | CFD | reducing a short position | 36 | 55.0931 GBP |
1p ordinary | CFD | reducing a short position | 28,028 | 55.0940 GBP |
1p ordinary | CFD | reducing a short position | 98 | 55.1000 GBP |
1p ordinary | CFD | reducing a short position | 87 | 55.1000 GBP |
1p ordinary | CFD | reducing a short position | 1,270 | 55.1000 GBP |
1p ordinary | CFD | reducing a short position | 237 | 55.1000 GBP |
1p ordinary | CFD | reducing a short position | 7,325 | 55.1000 GBP |
1p ordinary | CFD | reducing a short position | 819 | 55.1000 GBP |
1p ordinary | CFD | reducing a short position | 6,081 | 55.1015 GBP |
1p ordinary | CFD | reducing a short position | 1,300 | 55.1016 GBP |
1p ordinary | CFD | reducing a short position | 119 | 55.1132 GBP |
1p ordinary | CFD | reducing a short position | 1 | 55.1250 GBP |
1p ordinary | CFD | reducing a short position | 5,695 | 55.1500 GBP |
1p ordinary | CFD | reducing a short position | 2,159 | 55.1500 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 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.
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