Credit Agricole and BlackRock Disclose Stakes in Intertek Group Above 1%

what happened

Credit Agricole S.A. and BlackRock, Inc. have disclosed their positions in Intertek Group plc 1p ordinary shares. The data, as of 13 October 2026, was published on 14 October via RNS, the news service of the London Stock Exchange, under Rule 8.3 of the Takeover Code.

Credit Agricole holds 3,317,686 shares, equal to 2.155%, and cash-settled derivatives covering 3,114,251 securities, or 2.023%. The filing did not list any dealings by the bank. BlackRock holds 13,751,825 shares, or 8.93%. It also reports cash-settled derivatives of 5,020,529 securities (3.26%) and short positions of 353,564 securities in that category (0.22%). Its total interest reached 12.19%. BlackRock noted that it lacks voting authority over 1,164,590 shares, though it keeps investment discretion over them.

BlackRock's dealings include purchases of 6,225 shares at GBP 59.05, sales of 837 shares at GBP 59.025 and 2,442 shares at GBP 59.05, and CFD transactions on 26 and 177 reference shares at the same price.

why it matters

Filings of this kind show that large investors are adjusting their exposure to Intertek Group while the company is the subject of takeover-related disclosure requirements. For the market, the reports signal institutional attention to the stock, but they do not reveal the intentions of the holders and are not a forecast of the share price.

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instruments