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

Morgan Stanley & Co. Int'l plc

22 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:	21 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	SALES	692,893	1.8660 GBP	1.8397 GBP
4 2/7p ordinary	PURCHASES	756,920	1.8780 GBP	1.8410 GBP
4 2/7p ordinary	PURCHASES	17,061	2.3422 USD	2.3422 USD
4 2/7p ordinary	SALES	17,061	2.3422 USD	2.3422 USD

(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	205	1.8410 GBP
4 2/7p ordinary	CFD	increasing a long position	4,284	1.8410 GBP
4 2/7p ordinary	CFD	increasing a long position	5,056	1.8413 GBP
4 2/7p ordinary	CFD	increasing a long position	9,866	1.8439 GBP
4 2/7p ordinary	CFD	increasing a long position	187	1.8459 GBP
4 2/7p ordinary	CFD	increasing a long position	278	1.8460 GBP
4 2/7p ordinary	CFD	increasing a long position	847	1.8486 GBP
4 2/7p ordinary	CFD	increasing a long position	2,008	1.8486 GBP
4 2/7p ordinary	CFD	increasing a long position	3,015	1.8506 GBP
4 2/7p ordinary	CFD	increasing a long position	5,453	1.8546 GBP
4 2/7p ordinary	CFD	increasing a long position	1,211	1.8660 GBP
4 2/7p ordinary	CFD	increasing a short position	61,335	1.8411 GBP
4 2/7p ordinary	CFD	increasing a short position	45	1.8516 GBP
4 2/7p ordinary	CFD	increasing a short position	537	1.8580 GBP
4 2/7p ordinary	CFD	reducing a long position	10,144	1.8410 GBP
4 2/7p ordinary	CFD	reducing a long position	350	1.8412 GBP
4 2/7p ordinary	CFD	reducing a long position	48	1.8445 GBP
4 2/7p ordinary	CFD	reducing a long position	87,745	1.8472 GBP
4 2/7p ordinary	CFD	reducing a long position	1,936	1.8492 GBP
4 2/7p ordinary	CFD	reducing a long position	5,453	1.8506 GBP
4 2/7p ordinary	CFD	reducing a long position	1,211	1.8678 GBP
4 2/7p ordinary	CFD	reducing a short position	7,533	1.8433 GBP
4 2/7p ordinary	CFD	reducing a short position	52,839	1.8465 GBP
4 2/7p ordinary	CFD	reducing a short position	13,064	1.8471 GBP
4 2/7p ordinary	CFD	reducing a short position	537	1.8530 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:	22 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