J.P. Morgan Securities LLC, acting as corporate broker to Intertek Group plc (ITRK), has filed a Form 8 (DD) public dealing disclosure under Rules 8.1, 8.2 and 8.4 of the Takeover Code, dated 30 October 2026. The disclosure relates to a sale of 26 Intertek American Depositary Receipts (ADRs) at a price of 79.0760 USD per unit, executed on 29 October 2026. The Panel Executive confirmed on an ex-parte basis that the dealings carry no consequences under the Code, having arisen from a trade executed the previous day.

Key Points

  • Intertek Group plc (ITRK) — J.P. Morgan Securities LLC filing as corporate broker
  • 26 Intertek ADRs sold at 79.0760 USD per unit on 29 October 2026
  • Panel Executive confirmed the dealings have no consequences under the Takeover Code
  • Investors should watch for further Rule 8 disclosures indicating ongoing offer-period activity around Intertek

Panel Executive Clears J.P. Morgan ADR Sale in Intertek of Takeover Code Consequences

The Takeover Panel Executive agreed on an ex-parte basis that the dealings disclosed in this Form 8 (DD) have no consequences under the Takeover Code. The sale of 26 Intertek ADRs at 79.0760 USD per unit was executed on 29 October 2026, with the disclosure formally filed on 30 October 2026. The Panel's clearance is significant because it confirms the transaction does not trigger obligations or restrictions that would otherwise apply to parties acting in concert during an offer period. The contact named in the disclosure is Natasha Mondon, reachable via the telephone number provided by J.P. Morgan Securities LLC.

J.P. Morgan's Role as Corporate Broker to Intertek Group plc

J.P. Morgan Securities LLC is identified in the disclosure as corporate broker to Intertek Group plc, a leading global testing, inspection and certification business. This status classifies J.P. Morgan as a person acting in concert under the Takeover Code, which is why the Form 8 (DD) filing is required. Following the dealt transaction, J.P. Morgan Securities LLC reports zero interests and zero short positions in Intertek's 1p ordinary shares across all categories, including relevant securities owned or controlled and cash-settled derivatives, as set out in the positions table within the announcement.

Intertek ADR Transaction Detail: 26 Units Sold at 79.0760 USD

The sole dealing reported in this disclosure is a sale of 26 Intertek ADRs, classified under the purchases and sales section as a transaction by a party to an offer or person acting in concert. The price achieved was 79.0760 USD per ADR. No stock-settled derivative transactions, cash-settled derivative dealings, or other dealings such as subscriptions or conversions are recorded in the filing. No supplemental Form 8 Open Positions or securities borrowing and lending forms are attached, and no indemnity arrangements or option agreements relating to Intertek securities are disclosed.

What the Rule 8 Disclosure Framework Means for Intertek Investors

Rule 8 of the Takeover Code requires parties to an offer and persons acting in concert to publicly disclose all dealings in relevant securities during an offer period. The fact that a Form 8 (DD) has been filed confirms Intertek is currently subject to offer-period disclosure obligations. Investors monitoring ITRK may therefore wish to track further Rule 8 filings from all relevant parties, as these disclosures can provide a clearer picture of activity around the company during a sensitive period governed by the Panel on Takeovers and Mergers.