Form 8.5 (EPT/RI) - Intertek Group plc

Morgan Stanley & Co. Int'l plc

13 May 2026

 

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:	12 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	723,069	54.1000 GBP	51.5000 GBP
1p ordinary	SALES	1,029,703	54.2742 GBP	51.5000 GBP
1p ordinary	SALES	36,220	72.3513 USD	71.6868 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	693	51.5000 GBP
1p ordinary	CFD	increasing a long position	679	51.5517 GBP
1p ordinary	CFD	increasing a long position	28,000	52.1920 GBP
1p ordinary	CFD	increasing a long position	80,000	52.2113 GBP
1p ordinary	CFD	increasing a long position	84	52.2500 GBP
1p ordinary	CFD	increasing a long position	30	52.2500 GBP
1p ordinary	CFD	increasing a long position	494	52.3982 GBP
1p ordinary	CFD	increasing a long position	384	52.6018 GBP
1p ordinary	CFD	increasing a long position	426	52.6018 GBP
1p ordinary	CFD	increasing a long position	4,227	52.6175 GBP
1p ordinary	CFD	increasing a long position	15,124	52.6500 GBP
1p ordinary	CFD	increasing a long position	298	52.9292 GBP
1p ordinary	CFD	increasing a long position	132	53.0000 GBP
1p ordinary	CFD	increasing a long position	7,020	53.0000 GBP
1p ordinary	CFD	increasing a long position	1,305	53.0000 GBP
1p ordinary	CFD	increasing a long position	102	53.0001 GBP
1p ordinary	CFD	increasing a long position	6,144	53.0118 GBP
1p ordinary	CFD	increasing a long position	7,541	53.0242 GBP
1p ordinary	CFD	increasing a long position	107	53.0502 GBP
1p ordinary	CFD	increasing a long position	243	53.0678 GBP
1p ordinary	CFD	increasing a long position	836	53.0709 GBP
1p ordinary	CFD	increasing a long position	1,194	53.0929 GBP
1p ordinary	CFD	increasing a long position	100	53.1964 GBP
1p ordinary	CFD	increasing a long position	195	53.2000 GBP
1p ordinary	CFD	increasing a long position	1,533	53.2975 GBP
1p ordinary	CFD	increasing a long position	865	53.3602 GBP
1p ordinary	CFD	increasing a long position	2,853	53.3602 GBP
1p ordinary	CFD	increasing a long position	572	53.3602 GBP
1p ordinary	CFD	increasing a long position	26	53.3602 GBP
1p ordinary	CFD	increasing a long position	50	53.3602 GBP
1p ordinary	CFD	increasing a long position	135	53.3602 GBP
1p ordinary	CFD	increasing a long position	13,500	53.8731 GBP
1p ordinary	CFD	increasing a long position	4,000	54.0208 GBP
1p ordinary	CFD	increasing a short position	77	51.5000 GBP
1p ordinary	CFD	increasing a short position	616	51.5000 GBP
1p ordinary	CFD	increasing a short position	3,500	52.3214 GBP
1p ordinary	CFD	increasing a short position	63	52.3762 GBP
1p ordinary	CFD	increasing a short position	100	52.3762 GBP
1p ordinary	CFD	increasing a short position	249	52.3762 GBP
1p ordinary	CFD	increasing a short position	6,145	52.4183 GBP
1p ordinary	CFD	increasing a short position	2,500	52.4452 GBP
1p ordinary	CFD	increasing a short position	13,987	52.4596 GBP
1p ordinary	CFD	increasing a short position	685	52.4605 GBP
1p ordinary	CFD	increasing a short position	9,791	52.4605 GBP
1p ordinary	CFD	increasing a short position	28,482	52.4605 GBP
1p ordinary	CFD	increasing a short position	34,336	52.4792 GBP
1p ordinary	CFD	increasing a short position	5,000	52.5022 GBP
1p ordinary	CFD	increasing a short position	1	52.5500 GBP
1p ordinary	CFD	increasing a short position	90,209	52.5982 GBP
1p ordinary	CFD	increasing a short position	6,315	52.5982 GBP
1p ordinary	CFD	increasing a short position	5,473	52.6484 GBP
1p ordinary	CFD	increasing a short position	1,443	52.6571 GBP
1p ordinary	CFD	increasing a short position	57	52.7433 GBP
1p ordinary	CFD	increasing a short position	20	52.7435 GBP
1p ordinary	CFD	increasing a short position	51	52.7435 GBP
1p ordinary	CFD	increasing a short position	696	52.8195 GBP
1p ordinary	CFD	increasing a short position	3,908	52.8436 GBP
1p ordinary	CFD	increasing a short position	413	52.9000 GBP
1p ordinary	CFD	increasing a short position	3,471	53.0000 GBP
1p ordinary	CFD	increasing a short position	129	53.0000 GBP
1p ordinary	CFD	increasing a short position	12,308	53.0029 GBP
1p ordinary	CFD	increasing a short position	8,714	53.0082 GBP
1p ordinary	CFD	increasing a short position	7	53.0209 GBP
1p ordinary	CFD	increasing a short position	14,720	53.0265 GBP
1p ordinary	CFD	increasing a short position	3,483	53.0566 GBP
1p ordinary	CFD	increasing a short position	6,242	53.0566 GBP
1p ordinary	CFD	increasing a short position	6,079	53.0566 GBP
1p ordinary	CFD	increasing a short position	1,277	53.0622 GBP
1p ordinary	CFD	increasing a short position	52	53.0622 GBP
1p ordinary	CFD	increasing a short position	11	53.0631 GBP
1p ordinary	CFD	increasing a short position	66	53.0790 GBP
1p ordinary	CFD	increasing a short position	8	53.1065 GBP
1p ordinary	CFD	increasing a short position	541	53.1293 GBP
1p ordinary	CFD	increasing a short position	199	53.1909 GBP
1p ordinary	CFD	increasing a short position	48	53.1910 GBP
1p ordinary	CFD	increasing a short position	44	53.1958 GBP
1p ordinary	CFD	increasing a short position	807	53.2036 GBP
1p ordinary	CFD	increasing a short position	3,944	53.2246 GBP
1p ordinary	CFD	increasing a short position	6,922	53.2246 GBP
1p ordinary	CFD	increasing a short position	7,134	53.2246 GBP
1p ordinary	CFD	increasing a short position	29	53.2249 GBP
1p ordinary	CFD	increasing a short position	3,470	53.2292 GBP
1p ordinary	CFD	increasing a short position	14,519	53.2292 GBP
1p ordinary	CFD	increasing a short position	206	53.2860 GBP
1p ordinary	CFD	increasing a short position	2,686	53.3873 GBP
1p ordinary	CFD	increasing a short position	11,175	53.3873 GBP
1p ordinary	CFD	increasing a short position	363	53.4500 GBP
1p ordinary	CFD	increasing a short position	1,509	53.4500 GBP
1p ordinary	CFD	increasing a short position	223	53.4543 GBP
1p ordinary	CFD	increasing a short position	25,000	53.4874 GBP
1p ordinary	CFD	increasing a short position	30,000	53.4973 GBP
1p ordinary	CFD	increasing a short position	2,075	53.5643 GBP
1p ordinary	CFD	increasing a short position	1,814	53.5875 GBP
1p ordinary	CFD	increasing a short position	7,545	53.5875 GBP
1p ordinary	CFD	increasing a short position	556	53.7098 GBP
1p ordinary	CFD	increasing a short position	3,628	54.0173 GBP
1p ordinary	CFD	increasing a short position	15,090	54.0173 GBP
1p ordinary	CFD	increasing a short position	1,043	54.0823 GBP
1p ordinary	CFD	reducing a long position	848	52.0842 GBP
1p ordinary	CFD	reducing a long position	87	52.6621 GBP
1p ordinary	CFD	reducing a long position	51	52.9998 GBP
1p ordinary	CFD	reducing a long position	548	53.0000 GBP
1p ordinary	CFD	reducing a long position	7,020	53.0000 GBP
1p ordinary	CFD	reducing a long position	4,516	53.0000 GBP
1p ordinary	CFD	reducing a long position	193	53.0000 GBP
1p ordinary	CFD	reducing a long position	679	53.0000 GBP
1p ordinary	CFD	reducing a long position	4,625	53.0000 GBP
1p ordinary	CFD	reducing a long position	12	53.0000 GBP
1p ordinary	CFD	reducing a long position	763	53.0029 GBP
1p ordinary	CFD	reducing a long position	26	53.1000 GBP
1p ordinary	CFD	reducing a long position	41	53.1000 GBP
1p ordinary	CFD	reducing a long position	2,394	53.1050 GBP
1p ordinary	CFD	reducing a long position	3,465	53.1065 GBP
1p ordinary	CFD	reducing a long position	7,857	53.1080 GBP
1p ordinary	CFD	reducing a long position	1,504	53.1720 GBP
1p ordinary	CFD	reducing a long position	19	53.2000 GBP
1p ordinary	CFD	reducing a long position	313	53.2008 GBP
1p ordinary	CFD	reducing a long position	2,182	53.2012 GBP
1p ordinary	CFD	reducing a long position	400	53.4968 GBP
1p ordinary	CFD	reducing a short position	3,479	52.0586 GBP
1p ordinary	CFD	reducing a short position	38,004	52.1336 GBP
1p ordinary	CFD	reducing a short position	1,842	52.1478 GBP
1p ordinary	CFD	reducing a short position	2,315	52.1478 GBP
1p ordinary	CFD	reducing a short position	4,548	52.1478 GBP
1p ordinary	CFD	reducing a short position	985	52.1478 GBP
1p ordinary	CFD	reducing a short position	310	52.1478 GBP
1p ordinary	CFD	reducing a short position	738	52.1500 GBP
1p ordinary	CFD	reducing a short position	843	52.2133 GBP
1p ordinary	CFD	reducing a short position	66	52.2386 GBP
1p ordinary	CFD	reducing a short position	12	52.3083 GBP
1p ordinary	CFD	reducing a short position	6,635	52.3230 GBP
1p ordinary	CFD	reducing a short position	706	52.4039 GBP
1p ordinary	CFD	reducing a short position	4,809	52.4137 GBP
1p ordinary	CFD	reducing a short position	520	52.4137 GBP
1p ordinary	CFD	reducing a short position	2,809	52.4137 GBP
1p ordinary	CFD	reducing a short position	1,562	52.4137 GBP
1p ordinary	CFD	reducing a short position	529	52.4208 GBP
1p ordinary	CFD	reducing a short position	2,384	52.4660 GBP
1p ordinary	CFD	reducing a short position	2,000	52.4750 GBP
1p ordinary	CFD	reducing a short position	622	52.4927 GBP
1p ordinary	CFD	reducing a short position	321	52.5117 GBP
1p ordinary	CFD	reducing a short position	3,500	52.5143 GBP
1p ordinary	CFD	reducing a short position	266	52.5558 GBP
1p ordinary	CFD	reducing a short position	308,369	52.5709 GBP
1p ordinary	CFD	reducing a short position	10,000	52.6445 GBP
1p ordinary	CFD	reducing a short position	876	52.6500 GBP
1p ordinary	CFD	reducing a short position	310	52.7074 GBP
1p ordinary	CFD	reducing a short position	985	52.7074 GBP
1p ordinary	CFD	reducing a short position	2,315	52.7074 GBP
1p ordinary	CFD	reducing a short position	1,842	52.7074 GBP
1p ordinary	CFD	reducing a short position	4,548	52.7074 GBP
1p ordinary	CFD	reducing a short position	7,870	52.7370 GBP
1p ordinary	CFD	reducing a short position	2,130	52.7370 GBP
1p ordinary	CFD	reducing a short position	8	52.8000 GBP
1p ordinary	CFD	reducing a short position	508	52.8191 GBP
1p ordinary	CFD	reducing a short position	5,261	52.8208 GBP
1p ordinary	CFD	reducing a short position	120	52.8875 GBP
1p ordinary	CFD	reducing a short position	1,305	52.9201 GBP
1p ordinary	CFD	reducing a short position	11,961	52.9249 GBP
1p ordinary	CFD	reducing a short position	1	52.9900 GBP
1p ordinary	CFD	reducing a short position	10,705	53.0000 GBP
1p ordinary	CFD	reducing a short position	37	53.0000 GBP
1p ordinary	CFD	reducing a short position	519	53.0000 GBP
1p ordinary	CFD	reducing a short position	796	53.0000 GBP
1p ordinary	CFD	reducing a short position	25	53.0000 GBP
1p ordinary	CFD	reducing a short position	582	53.0229 GBP
1p ordinary	CFD	reducing a short position	1,624	53.0229 GBP
1p ordinary	CFD	reducing a short position	1,473	53.0229 GBP
1p ordinary	CFD	reducing a short position	311	53.0413 GBP
1p ordinary	CFD	reducing a short position	229	53.0502 GBP
1p ordinary	CFD	reducing a short position	272	53.0943 GBP
1p ordinary	CFD	reducing a short position	650	53.1029 GBP
1p ordinary	CFD	reducing a short position	1,941	53.1085 GBP
1p ordinary	CFD	reducing a short position	508	53.1139 GBP
1p ordinary	CFD	reducing a short position	4,122	53.1223 GBP
1p ordinary	CFD	reducing a short position	83	53.1340 GBP
1p ordinary	CFD	reducing a short position	11,206	53.1419 GBP
1p ordinary	CFD	reducing a short position	23,634	53.1941 GBP
1p ordinary	CFD	reducing a short position	8,914	53.1941 GBP
1p ordinary	CFD	reducing a short position	27	53.1989 GBP
1p ordinary	CFD	reducing a short position	75	53.2185 GBP
1p ordinary	CFD	reducing a short position	358	53.2221 GBP
1p ordinary	CFD	reducing a short position	1	53.2408 GBP
1p ordinary	CFD	reducing a short position	2,215	53.2408 GBP
1p ordinary	CFD	reducing a short position	3,279	53.2431 GBP
1p ordinary	CFD	reducing a short position	165	53.2859 GBP
1p ordinary	CFD	reducing a short position	294	53.3257 GBP
1p ordinary	CFD	reducing a short position	5,388	53.3288 GBP
1p ordinary	CFD	reducing a short position	502	53.3831 GBP
1p ordinary	CFD	reducing a short position	5,533	53.4232 GBP
1p ordinary	CFD	reducing a short position	30,076	53.5000 GBP
1p ordinary	CFD	reducing a short position	50,286	54.0072 GBP
1p ordinary	CFD	reducing a short position	243	54.2742 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:	13 May 2026
Contact name:	Claire Gordon
Telephone number:	[phone]

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END