{"success":true,"data":{"pressRelease":{"id":"144199","rtpr_id":"nBw4g3tq7a-20260915","ticker":"ITRK","exchange":"LSE","all_tickers":["ITRK"],"title":"REG-Millennium Partners, L.P. Form 8.3","author":"Business Wire","published_at":"2026-09-15T14:25:00.322Z","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n\n1. KEY INFORMATION\n (a) Full name of discloser:                                                          Millennium International Management LP  \n (b) Owner or controller of interests and short positions disclosed, if                                                       \n different from 1(a):                                                                                                         \n \n                                                                                                                            \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the                                                \n trustee(s), settlor and beneficiaries must be named.                                                                         \n (c) Name of offeror/offeree in relation to whose relevant securities this form       Intertek Group plc                      \n relates:                                                                                                                     \n \n                                                                                                                            \n \nUse a separate form for each offeror/offeree                                                                                \n (d) If an exempt fund manager connected with an offeror/offeree, state this                                                  \n and specify identity of offeror/offeree:                                                                                     \n (e) Date position held/dealing undertaken:                                           14th September 2026                     \n \n                                                                                                                            \n \nFor an opening position disclosure, state the latest practicable date prior to                                              \n the disclosure                                                                                                               \n (f) In addition to the company in 1(c) above, is the discloser making                No                                      \n disclosures in respect of any other party to the offer?                                                                      \n \n                                                                                                                            \n \nIf it is a cash offer or possible cash offer, state “N/A”                                                                   \n\n\n2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE\n\nIf there are positions or rights to subscribe to disclose in more than one\nclass of relevant securities of the offeror or offeree named in 1(c), copy\ntable 2(a) or (b) (as appropriate) for each additional class of relevant\nsecurity.\n\n(a) Interests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n Class of relevant security:                                              1p Ordinary (GB0031638363)                             \n                                                                          Interests                      Short positions         \n \n                                                                                                                               \n \n                                                                                                                               \n                                                                          Number           %             Number          %       \n (1) Relevant securities owned and/or controlled:                         -                -             -               -       \n (2) Cash-settled derivatives:                                            7,626,608        4.955%        -               -       \n \n                                                                                                                               \n \n                                                                                                                               \n (3) Stock-settled derivatives (including options) and agreements to      -                -             -               -       \n purchase/sell:                                                                                                                  \n                                                                          7,626,608        4.955%        -               -       \n \n                                                                                                                               \n \nTOTAL:                                                                                                                         \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of any open stock-settled derivative positions (including traded\noptions), or agreements to purchase or sell relevant securities, should be\ngiven on a Supplemental Form 8 (Open Positions).\n\n(b) Rights to subscribe for new securities (including directors’ and other\nemployee options)\n Class of relevant security in relation to which subscription right exists:           \n Details, including nature of the rights concerned and relevant percentages:          \n\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant security      Purchase/sale      Number of securities      Price per unit (GBP)  \n                                 \n                                                                  \n                                 \n                                                                  \n                                                                                                    \n\n\n(b) Cash-settled derivative transactions\n Class of relevant security      Product description      Nature of dealing                                                                  Number of reference securities      Price per unit  \n                                 \n                        \n                                                                                                                      \n               \n                                 \ne.g. CFD                \ne.g. opening/closing a long/short position, increasing/reducing a long/short                                          \n               \n                                                          position                                                                                                                               \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         203                                 58.55 GBP       \n GB0031638363                    Equity Swap              Reducing a Long Position                                                           9                                   58.54 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         1,927                               58.58 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         72                                  58.56 GBP       \n GB0031638363                    Equity Swap              Reducing a Long Position                                                           424                                 58.54 GBP       \n GB0031638363                    Equity Swap              Reducing a Long Position                                                           1                                   58.57 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         111                                 58.56 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         4,219                               58.58 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         8,984                               58.57 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         575                                 58.58 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         20                                  58.58 GBP       \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n 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                               Expiry date      Option money paid/ received per unit  \n                                                                                                                                                                                                          \n                                                                                         \n                                                                                                                                                                                                          \ne.g. American, European etc.                                                             \n                                                                                                                                                                                                                                                                                                    \n\n\n(ii) Exercise\n Class of relevant security      Product description      Exercising/ exercised against      Number of securities      Exercise price per unit  \n                                 \n                                                                                                              \n                                 \ne.g. call option                                                                                              \n                                                                                                                                                \n                                                                                                                       \n                        \n                                                                                                                       \n                        \n\n\n(d) Other dealings (including subscribing for new securities)\n Class of relevant security      Nature of dealing                   Details      Price per unit (if applicable)  \n                                 \n                                                                                \n                                 \ne.g. subscription, conversion                                                   \n                                                                                                                  \n                                 \n                                                                                \n                                 \n                                                                                \n\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or              \n understanding, formal or informal, relating to relevant securities which may     \n be an inducement to deal or refrain from dealing entered into by the person      \n making the disclosure and any party to the offer or any person acting in         \n concert with a party to the offer:                                               \n \n                                                                                \n \nIrrevocable commitments and letters of intent should not be included. If there  \n are no such agreements, arrangements or understandings, state “none”             \n                                                                                  \n \n                                                                                \n \nNONE                                                                            \n \n                                                                                \n \n                                                                                \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Details of any agreement, arrangement or understanding, formal or informal,  \n between the person making the disclosure and any other person relating to:   \n \n                                                                            \n \n(i) the voting rights of any relevant securities under any option; or       \n \n                                                                            \n \n(ii) the voting rights or future acquisition or disposal of any relevant    \n securities to which any derivative is referenced:                            \n \n                                                                            \n \nIf there are no such agreements, arrangements or understandings, state      \n “none”                                                                       \n                                                                              \n \n                                                                            \n \nNONE                                                                        \n \n                                                                            \n \n                                                                            \n\n\n(c) Attachments\n Is a Supplemental Form 8 (Open Positions) attached?      NO  \n\n Date of disclosure:      15th September 2026  \n Contact name:            Stephen Glasper      \n                          \n                    \n                          \n                    \n Telephone number:        +44 203 398 2166     \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service and must also be emailed to the Takeover Panel at\nmonitoring@disclosure.org.uk (mailto:monitoring@disclosure.org.uk) . The\nPanel’s Market Surveillance Unit is available for consultation in relation\nto the Code’s disclosure requirements on +44 (0)20 7638 0129.\n\nThe Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54604449&newsitemid=20260915497033&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=0926f6a122923b5d421fd6afa9187720)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260915497033/en/\n(https://www.businesswire.com/news/home/20260915497033/en/)\n\nMillennium Partners, L.P.\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw4g3tq7a-20260915","title":"REG-Millennium Partners, L.P. Form 8.3","author":"Business Wire","ticker":"ITRK","created":"2026-09-15T14:25:00.322Z","tickers":["ITRK"],"exchange":"LSE","article_body":"Form 8.3\n\n \n\nFORM 8.3\n\nPUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY\n\nA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE\n\nRule 8.3 of the Takeover Code (the “Code”)\n\n1. KEY INFORMATION\n (a) Full name of discloser:                                                          Millennium International Management LP  \n (b) Owner or controller of interests and short positions disclosed, if                                                       \n different from 1(a):                                                                                                         \n \n                                                                                                                            \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the                                                \n trustee(s), settlor and beneficiaries must be named.                                                                         \n (c) Name of offeror/offeree in relation to whose relevant securities this form       Intertek Group plc                      \n relates:                                                                                                                     \n \n                                                                                                                            \n \nUse a separate form for each offeror/offeree                                                                                \n (d) If an exempt fund manager connected with an offeror/offeree, state this                                                  \n and specify identity of offeror/offeree:                                                                                     \n (e) Date position held/dealing undertaken:                                           14th September 2026                     \n \n                                                                                                                            \n \nFor an opening position disclosure, state the latest practicable date prior to                                              \n the disclosure                                                                                                               \n (f) In addition to the company in 1(c) above, is the discloser making                No                                      \n disclosures in respect of any other party to the offer?                                                                      \n \n                                                                                                                            \n \nIf it is a cash offer or possible cash offer, state “N/A”                                                                   \n\n\n2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE\n\nIf there are positions or rights to subscribe to disclose in more than one\nclass of relevant securities of the offeror or offeree named in 1(c), copy\ntable 2(a) or (b) (as appropriate) for each additional class of relevant\nsecurity.\n\n(a) Interests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n Class of relevant security:                                              1p Ordinary (GB0031638363)                             \n                                                                          Interests                      Short positions         \n \n                                                                                                                               \n \n                                                                                                                               \n                                                                          Number           %             Number          %       \n (1) Relevant securities owned and/or controlled:                         -                -             -               -       \n (2) Cash-settled derivatives:                                            7,626,608        4.955%        -               -       \n \n                                                                                                                               \n \n                                                                                                                               \n (3) Stock-settled derivatives (including options) and agreements to      -                -             -               -       \n purchase/sell:                                                                                                                  \n                                                                          7,626,608        4.955%        -               -       \n \n                                                                                                                               \n \nTOTAL:                                                                                                                         \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of any open stock-settled derivative positions (including traded\noptions), or agreements to purchase or sell relevant securities, should be\ngiven on a Supplemental Form 8 (Open Positions).\n\n(b) Rights to subscribe for new securities (including directors’ and other\nemployee options)\n Class of relevant security in relation to which subscription right exists:           \n Details, including nature of the rights concerned and relevant percentages:          \n\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant security      Purchase/sale      Number of securities      Price per unit (GBP)  \n                                 \n                                                                  \n                                 \n                                                                  \n                                                                                                    \n\n\n(b) Cash-settled derivative transactions\n Class of relevant security      Product description      Nature of dealing                                                                  Number of reference securities      Price per unit  \n                                 \n                        \n                                                                                                                      \n               \n                                 \ne.g. CFD                \ne.g. opening/closing a long/short position, increasing/reducing a long/short                                          \n               \n                                                          position                                                                                                                               \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         203                                 58.55 GBP       \n GB0031638363                    Equity Swap              Reducing a Long Position                                                           9                                   58.54 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         1,927                               58.58 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         72                                  58.56 GBP       \n GB0031638363                    Equity Swap              Reducing a Long Position                                                           424                                 58.54 GBP       \n GB0031638363                    Equity Swap              Reducing a Long Position                                                           1                                   58.57 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         111                                 58.56 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         4,219                               58.58 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         8,984                               58.57 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         575                                 58.58 GBP       \n GB0031638363                    Equity Swap              Increasing a Long Position                                                         20                                  58.58 GBP       \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n 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                               Expiry date      Option money paid/ received per unit  \n                                                                                                                                                                                                          \n                                                                                         \n                                                                                                                                                                                                          \ne.g. American, European etc.                                                             \n                                                                                                                                                                                                                                                                                                    \n\n\n(ii) Exercise\n Class of relevant security      Product description      Exercising/ exercised against      Number of securities      Exercise price per unit  \n                                 \n                                                                                                              \n                                 \ne.g. call option                                                                                              \n                                                                                                                                                \n                                                                                                                       \n                        \n                                                                                                                       \n                        \n\n\n(d) Other dealings (including subscribing for new securities)\n Class of relevant security      Nature of dealing                   Details      Price per unit (if applicable)  \n                                 \n                                                                                \n                                 \ne.g. subscription, conversion                                                   \n                                                                                                                  \n                                 \n                                                                                \n                                 \n                                                                                \n\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or              \n understanding, formal or informal, relating to relevant securities which may     \n be an inducement to deal or refrain from dealing entered into by the person      \n making the disclosure and any party to the offer or any person acting in         \n concert with a party to the offer:                                               \n \n                                                                                \n \nIrrevocable commitments and letters of intent should not be included. If there  \n are no such agreements, arrangements or understandings, state “none”             \n                                                                                  \n \n                                                                                \n \nNONE                                                                            \n \n                                                                                \n \n                                                                                \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Details of any agreement, arrangement or understanding, formal or informal,  \n between the person making the disclosure and any other person relating to:   \n \n                                                                            \n \n(i) the voting rights of any relevant securities under any option; or       \n \n                                                                            \n \n(ii) the voting rights or future acquisition or disposal of any relevant    \n securities to which any derivative is referenced:                            \n \n                                                                            \n \nIf there are no such agreements, arrangements or understandings, state      \n “none”                                                                       \n                                                                              \n \n                                                                            \n \nNONE                                                                        \n \n                                                                            \n \n                                                                            \n\n\n(c) Attachments\n Is a Supplemental Form 8 (Open Positions) attached?      NO  \n\n Date of disclosure:      15th September 2026  \n Contact name:            Stephen Glasper      \n                          \n                    \n                          \n                    \n Telephone number:        +44 203 398 2166     \n\n\nPublic disclosures under Rule 8 of the Code must be made to a Regulatory\nInformation Service and must also be emailed to the Takeover Panel at\nmonitoring@disclosure.org.uk (mailto:monitoring@disclosure.org.uk) . The\nPanel’s Market Surveillance Unit is available for consultation in relation\nto the Code’s disclosure requirements on +44 (0)20 7638 0129.\n\nThe Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk&esheet=54604449&newsitemid=20260915497033&lan=en-US&anchor=www.thetakeoverpanel.org.uk&index=1&md5=0926f6a122923b5d421fd6afa9187720)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260915497033/en/\n(https://www.businesswire.com/news/home/20260915497033/en/)\n\nMillennium Partners, L.P.\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-15T14:25:00.371969016Z","server_sent_at_ms":1789482300371},"received_at":"2026-09-15T14:25:01.012Z","source_url":"https://www.businesswire.com/news/home/20260915497033/en/"},"analysis":{"id":"133035","press_release_id":"144199","analysis_json":{"industry":{"label":"Research & Consulting Services","sector":"Industrials"},"redFlags":["Rule 8.3 filing implies Intertek may be in a Takeover Code offer period; no offeror or offer terms are disclosed in this form","Millennium's 4.955% exposure is entirely cash-settled derivatives (equity swaps), not outright share ownership"],"eventType":"regulatory","narrative":"Millennium International Management LP disclosed a 4.955% position in Intertek Group plc, held entirely through cash-settled derivatives (equity swaps) referencing 7,626,608 shares, under Rule 8.3 of the UK Takeover Code.\n\nDealings dated 14 September 2026 were overwhelmingly small increases to the long position, executed at prices between 58.54 and 58.58 GBP, with only a few hundred reference shares reduced.\n\nThe filing is routine Takeover Code paperwork containing no offeror, price, or terms, but such disclosures are only required once an offer period is open, so the actionable takeaway is to watch for an actual offer announcement regarding Intertek.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine hedge-fund position filing -- only actionable if an actual offer for Intertek is announced."},"keyFigures":{"customDimensions":{"instrument":"cash-settled derivatives (equity swaps)","position_date":"14th September 2026","disclosed_position_shares":7626608,"disclosed_position_percent":"4.955%","swap_trade_price_range_gbp":"58.54-58.58"}},"namedEntities":{"people":[{"name":"Stephen Glasper","role":"disclosure contact, Millennium International Management LP"}],"products":[],"companies":[{"name":"Intertek Group plc","ticker":"ITRK","relationship":"subject company (offeror/offeree to which the disclosure relates)"},{"name":"Millennium International Management LP","relationship":"discloser / position holder"},{"name":"The Takeover Panel","relationship":"UK regulator administering the disclosure rules"}],"dollarAmounts":[{"amount":"58.54 GBP","context":"lowest equity swap trade price on 14 Sep 2026"},{"amount":"58.58 GBP","context":"highest equity swap trade price on 14 Sep 2026"}]},"materialImpact":{"score":2,"reasoning":"Routine Rule 8.3 Takeover Code position/dealing disclosure filed by hedge fund Millennium, not an announcement from Intertek itself. The only real signal is that such filings imply an offer-period context for Intertek, but the form discloses no offeror, price, or offer terms."},"tickerRelevance":{"others":[],"primary":"ITRK"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":["m_and_a"],"importanceComponents":{"tickerTier":"FTSE-100 large cap","eventGravity":"routine Rule 8.3 dealing disclosure","issuerAuthored":false,"impliedOfferPeriod":true,"netDealingDirection":"net long increase via swaps"}},"event_type":"regulatory","event_type_secondary":["m_and_a"],"sentiment":"neutral","material_impact_score":2,"narrative":"Millennium International Management LP disclosed a 4.955% position in Intertek Group plc, held entirely through cash-settled derivatives (equity swaps) referencing 7,626,608 shares, under Rule 8.3 of the UK Takeover Code.\n\nDealings dated 14 September 2026 were overwhelmingly small increases to the long position, executed at prices between 58.54 and 58.58 GBP, with only a few hundred reference shares reduced.\n\nThe filing is routine Takeover Code paperwork containing no offeror, price, or terms, but such disclosures are only required once an offer period is open, so the actionable takeaway is to watch for an actual offer announcement regarding Intertek.","key_figures":{"customDimensions":{"instrument":"cash-settled derivatives (equity swaps)","position_date":"14th September 2026","disclosed_position_shares":7626608,"disclosed_position_percent":"4.955%","swap_trade_price_range_gbp":"58.54-58.58"}},"named_entities":{"people":[{"name":"Stephen Glasper","role":"disclosure contact, Millennium International Management LP"}],"products":[],"companies":[{"name":"Intertek Group plc","ticker":"ITRK","relationship":"subject company (offeror/offeree to which the disclosure relates)"},{"name":"Millennium International Management LP","relationship":"discloser / position holder"},{"name":"The Takeover Panel","relationship":"UK regulator administering the disclosure rules"}],"dollarAmounts":[{"amount":"58.54 GBP","context":"lowest equity swap trade price on 14 Sep 2026"},{"amount":"58.58 GBP","context":"highest equity swap trade price on 14 Sep 2026"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-15T14:25:51.371Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"FTSE-100 large cap","eventGravity":"routine Rule 8.3 dealing disclosure","issuerAuthored":false,"impliedOfferPeriod":true,"netDealingDirection":"net long increase via swaps"}},"durationMs":50292,"modelName":"glm-5.3-flash"}}