Form 8.5 (EPT/RI) - John Wood Group plc

Morgan Stanley & Co. Int'l plc

16 May 2024

 

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	John Wood Group plc
(c) Name of the party to the offer with which exempt principal trader is connected:	John Wood Group plc
(d) Date dealing undertaken:	15 May 2024
(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
4 2/7p ordinary	PURCHASES	1,746,444	2.1000 GBP	1.8520 GBP
4 2/7p ordinary	SALES	1,391,056	2.1100 GBP	1.8500 GBP

(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
4 2/7p ordinary	CFD	increasing a long position	2,887	1.8560 GBP
4 2/7p ordinary	CFD	increasing a long position	46	1.9059 GBP
4 2/7p ordinary	CFD	increasing a long position	3,079	1.9168 GBP
4 2/7p ordinary	CFD	increasing a long position	8,037	1.9809 GBP
4 2/7p ordinary	CFD	increasing a short position	9,801	1.8560 GBP
4 2/7p ordinary	CFD	increasing a short position	92,966	1.8845 GBP
4 2/7p ordinary	CFD	increasing a short position	159,635	1.9030 GBP
4 2/7p ordinary	CFD	increasing a short position	28,000	1.9183 GBP
4 2/7p ordinary	CFD	increasing a short position	51,035	1.9545 GBP
4 2/7p ordinary	CFD	increasing a short position	1	1.9920 GBP
4 2/7p ordinary	CFD	increasing a short position	322,218	2.0125 GBP
4 2/7p ordinary	CFD	reducing a long position	710	1.8560 GBP
4 2/7p ordinary	CFD	reducing a long position	48,555	1.8560 GBP
4 2/7p ordinary	CFD	reducing a long position	2,886	1.8560 GBP
4 2/7p ordinary	CFD	reducing a long position	3,521	1.8560 GBP
4 2/7p ordinary	CFD	reducing a long position	1,695	1.8560 GBP
4 2/7p ordinary	CFD	reducing a long position	22,694	1.8560 GBP
4 2/7p ordinary	CFD	reducing a long position	6,369	1.8777 GBP
4 2/7p ordinary	CFD	reducing a long position	47,643	1.8780 GBP
4 2/7p ordinary	CFD	reducing a long position	1	1.8855 GBP
4 2/7p ordinary	CFD	reducing a long position	320	1.9269 GBP
4 2/7p ordinary	CFD	reducing a long position	1,201	1.9404 GBP
4 2/7p ordinary	CFD	reducing a long position	9,626	1.9520 GBP
4 2/7p ordinary	CFD	reducing a long position	1,096	1.9520 GBP
4 2/7p ordinary	CFD	reducing a long position	6,344	1.9543 GBP
4 2/7p ordinary	CFD	reducing a long position	105	1.9543 GBP
4 2/7p ordinary	CFD	reducing a long position	1,442	1.9692 GBP
4 2/7p ordinary	CFD	reducing a short position	8,575	1.8560 GBP
4 2/7p ordinary	CFD	reducing a short position	388	1.8560 GBP
4 2/7p ordinary	CFD	reducing a short position	511	1.8569 GBP
4 2/7p ordinary	CFD	reducing a short position	8,141	1.8855 GBP
4 2/7p ordinary	CFD	reducing a short position	322,218	1.9145 GBP
4 2/7p ordinary	CFD	reducing a short position	1,109	1.9417 GBP
4 2/7p ordinary	CFD	reducing a short position	51,035	1.9571 GBP
4 2/7p ordinary	CFD	reducing a short position	23,717	1.9580 GBP
4 2/7p ordinary	CFD	reducing a short position	95,042	1.9580 GBP
4 2/7p ordinary	CFD	reducing a short position	926	1.9580 GBP
4 2/7p ordinary	CFD	reducing a short position	1,241	1.9580 GBP
4 2/7p ordinary	CFD	reducing a short position	2,940	1.9580 GBP
4 2/7p ordinary	CFD	reducing a short position	4,654	1.9580 GBP
4 2/7p ordinary	CFD	reducing a short position	18,000	2.0949 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:	16 May 2024
Contact name:	Craig Horsley
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