Two large investors disclose stakes in Intertek Group under Takeover Code rules
L&G and Geode Capital reported holdings of 1.49% and 1.23% of Intertek Group shares. Both notices were filed on October 26, 2026 via RNS.
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what happened
According to Intertek Group plc, L&G – Asset Management Limited holds 2,300,093 ordinary shares in the company, equal to 1.49% of capital. The position is stated as of October 23, 2026, the day the fund sold 131 shares at GBP 59.25 each.
Geode Capital Management, per the same disclosure, holds 1,897,449 shares, or 1.23%. On the same day the asset manager bought 58 shares at GBP 59.25. Both notices were filed on October 26, 2026 through the London Stock Exchange's RNS news service.
why it matters
Such disclosures are required from holders of at least 1% of a company's securities under the UK Takeover Code, which applies when a company is in a possible deal period. The trade sizes here are small, so they are unlikely to move the market directly, but they show how large funds are adjusting their positions in the company.
tags
instruments
sources
- REG - L&G – Asset Mgmt. Ld Intertek Group Plc - Form 8.3 — Intertek Group plc, 26 October 2026 at 11:46 UTC
- REG - Geode Capital Mgmnt Intertek Group Plc - Form 8.3 — Intertek Group plc, 26 October 2026 at 12:49 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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