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

Morgan Stanley & Co. Int'l plc

27 June 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:	26 June 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	3,009,522	1.9620 GBP	1.9420 GBP
4 2/7p ordinary	SALES	2,523,196	1.9760 GBP	1.9400 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	1,706	1.9510 GBP
4 2/7p ordinary	CFD	increasing a long position	1,360	1.9510 GBP
4 2/7p ordinary	CFD	increasing a long position	194	1.9510 GBP
4 2/7p ordinary	CFD	increasing a long position	8,004	1.9522 GBP
4 2/7p ordinary	CFD	increasing a long position	53,872	1.9523 GBP
4 2/7p ordinary	CFD	increasing a long position	1,910	1.9530 GBP
4 2/7p ordinary	CFD	increasing a long position	700	1.9530 GBP
4 2/7p ordinary	CFD	increasing a long position	20,433	1.9530 GBP
4 2/7p ordinary	CFD	increasing a long position	91	1.9530 GBP
4 2/7p ordinary	CFD	increasing a long position	721	1.9550 GBP
4 2/7p ordinary	CFD	increasing a short position	403	1.9500 GBP
4 2/7p ordinary	CFD	increasing a short position	175,579	1.9507 GBP
4 2/7p ordinary	CFD	increasing a short position	41,538	1.9512 GBP
4 2/7p ordinary	CFD	increasing a short position	221	1.9530 GBP
4 2/7p ordinary	CFD	increasing a short position	6,918	1.9530 GBP
4 2/7p ordinary	CFD	increasing a short position	200,000	1.9539 GBP
4 2/7p ordinary	CFD	increasing a short position	22	1.9560 GBP
4 2/7p ordinary	CFD	reducing a long position	1,360	1.9460 GBP
4 2/7p ordinary	CFD	reducing a long position	1,695	1.9515 GBP
4 2/7p ordinary	CFD	reducing a long position	183	1.9515 GBP
4 2/7p ordinary	CFD	reducing a long position	1,023	1.9515 GBP
4 2/7p ordinary	CFD	reducing a long position	355	1.9515 GBP
4 2/7p ordinary	CFD	reducing a long position	8,822	1.9517 GBP
4 2/7p ordinary	CFD	reducing a long position	6,576	1.9517 GBP
4 2/7p ordinary	CFD	reducing a long position	41,429	1.9517 GBP
4 2/7p ordinary	CFD	reducing a long position	1,897	1.9517 GBP
4 2/7p ordinary	CFD	reducing a long position	7,640	1.9517 GBP
4 2/7p ordinary	CFD	reducing a long position	13,038	1.9517 GBP
4 2/7p ordinary	CFD	reducing a long position	36,536	1.9520 GBP
4 2/7p ordinary	CFD	reducing a long position	86,307	1.9530 GBP
4 2/7p ordinary	CFD	reducing a long position	205	1.9530 GBP
4 2/7p ordinary	CFD	reducing a long position	617	1.9530 GBP
4 2/7p ordinary	CFD	reducing a short position	100	1.9496 GBP
4 2/7p ordinary	CFD	reducing a short position	1,000	1.9499 GBP
4 2/7p ordinary	CFD	reducing a short position	32	1.9510 GBP
4 2/7p ordinary	CFD	reducing a short position	2,433	1.9511 GBP
4 2/7p ordinary	CFD	reducing a short position	176	1.9518 GBP
4 2/7p ordinary	CFD	reducing a short position	22	1.9523 GBP
4 2/7p ordinary	CFD	reducing a short position	106	1.9524 GBP
4 2/7p ordinary	CFD	reducing a short position	14,019	1.9528 GBP
4 2/7p ordinary	CFD	reducing a short position	225	1.9599 GBP
4 2/7p ordinary	CFD	reducing a short position	3	1.9758 GBP
4 2/7p ordinary	CFD	reducing a short position	3	1.9758 GBP
4 2/7p ordinary	CFD	reducing a short position	36	1.9758 GBP
4 2/7p ordinary	CFD	reducing a short position	1	1.9758 GBP
4 2/7p ordinary	CFD	reducing a short position	66	1.9761 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:	27 June 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