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

Morgan Stanley & Co. Int'l plc

09 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:	08 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
4p ordinary	PURCHASES	2,849,902	2.0340 GBP	1.6270 GBP
4p ordinary	SALES	2,642,823	2.0400 GBP	1.6260 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
4p ordinary	CFD	increasing a long position	2,043	1.6639 GBP
4p ordinary	CFD	increasing a long position	14,696	1.6883 GBP
4p ordinary	CFD	increasing a long position	4,482	1.7253 GBP
4p ordinary	CFD	increasing a long position	2,463	1.8386 GBP
4p ordinary	CFD	increasing a long position	614	1.8386 GBP
4p ordinary	CFD	increasing a long position	2,171	1.8386 GBP
4p ordinary	CFD	increasing a long position	162	1.8387 GBP
4p ordinary	CFD	increasing a long position	15,690	1.9164 GBP
4p ordinary	CFD	increasing a long position	98,219	1.9279 GBP
4p ordinary	CFD	increasing a long position	12,027	1.9281 GBP
4p ordinary	CFD	increasing a long position	1,585	1.9290 GBP
4p ordinary	CFD	increasing a long position	27,894	1.9290 GBP
4p ordinary	CFD	increasing a long position	2,567	1.9380 GBP
4p ordinary	CFD	increasing a long position	574	1.9967 GBP
4p ordinary	CFD	increasing a short position	3	1.6307 GBP
4p ordinary	CFD	increasing a short position	28,924	1.8511 GBP
4p ordinary	CFD	increasing a short position	30,000	1.8766 GBP
4p ordinary	CFD	increasing a short position	38,999	1.8785 GBP
4p ordinary	CFD	increasing a short position	410	1.8785 GBP
4p ordinary	CFD	increasing a short position	12,770	1.8934 GBP
4p ordinary	CFD	increasing a short position	3,001	1.8980 GBP
4p ordinary	CFD	increasing a short position	4,340	1.9291 GBP
4p ordinary	CFD	increasing a short position	39,678	1.9291 GBP
4p ordinary	CFD	increasing a short position	527	1.9567 GBP
4p ordinary	CFD	increasing a short position	128,968	1.9622 GBP
4p ordinary	CFD	increasing a short position	145,971	1.9678 GBP
4p ordinary	CFD	increasing a short position	169,100	1.9811 GBP
4p ordinary	CFD	increasing a short position	19,579	1.9912 GBP
4p ordinary	CFD	reducing a long position	1	1.6260 GBP
4p ordinary	CFD	reducing a long position	14,425	1.7476 GBP
4p ordinary	CFD	reducing a long position	342	1.7639 GBP
4p ordinary	CFD	reducing a long position	3,011	1.7639 GBP
4p ordinary	CFD	reducing a long position	92	1.8457 GBP
4p ordinary	CFD	reducing a long position	94,555	1.8949 GBP
4p ordinary	CFD	reducing a long position	56,855	1.8949 GBP
4p ordinary	CFD	reducing a long position	28,570	1.8949 GBP
4p ordinary	CFD	reducing a long position	9,354	1.9165 GBP
4p ordinary	CFD	reducing a long position	1	1.9290 GBP
4p ordinary	CFD	reducing a long position	2,167	1.9290 GBP
4p ordinary	CFD	reducing a long position	25,943	1.9729 GBP
4p ordinary	CFD	reducing a long position	15,563	1.9729 GBP
4p ordinary	CFD	reducing a long position	7,632	1.9729 GBP
4p ordinary	CFD	reducing a short position	2,500	1.6310 GBP
4p ordinary	CFD	reducing a short position	3	1.6313 GBP
4p ordinary	CFD	reducing a short position	3,500	1.6369 GBP
4p ordinary	CFD	reducing a short position	2,600	1.6394 GBP
4p ordinary	CFD	reducing a short position	4,000	1.8550 GBP
4p ordinary	CFD	reducing a short position	38,999	1.8565 GBP
4p ordinary	CFD	reducing a short position	1,748	1.8660 GBP
4p ordinary	CFD	reducing a short position	3,144	1.9161 GBP
4p ordinary	CFD	reducing a short position	27,363	1.9164 GBP
4p ordinary	CFD	reducing a short position	2,500	1.9204 GBP
4p ordinary	CFD	reducing a short position	60,046	1.9279 GBP
4p ordinary	CFD	reducing a short position	921	1.9290 GBP
4p ordinary	CFD	reducing a short position	4,475	1.9290 GBP
4p ordinary	CFD	reducing a short position	37	1.9290 GBP
4p ordinary	CFD	reducing a short position	3,001	1.9290 GBP
4p ordinary	CFD	reducing a short position	59,999	1.9340 GBP
4p ordinary	CFD	reducing a short position	186,600	1.9363 GBP
4p ordinary	CFD	reducing a short position	100,000	1.9536 GBP
4p ordinary	CFD	reducing a short position	46,632	1.9643 GBP
4p ordinary	CFD	reducing a short position	220	1.9700 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:	09 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