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

JPMorgan Securities Plc

17 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:	J.P. Morgan Securities Plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Wood Group (John) plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Joint Financial Advisor and Corporate Broker to Wood Group (John) plc
(d) Date dealing undertaken:	16 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	Purchase Sale	622,121 596,550	1.9390 GBP 1.9199 GBP	1.8710 GBP 1.8330 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	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short	33,004 1,805 1,476 1,505 84,796 1,506 35,933 844 541 132 25,732 20,838 25,313 1,466 843 48,424 7,631 2,057 2,710 2,848 10,298 368 9,374 485 541 24,986 20,218 2,143 3,261 1,793 23,104 1,159	1.8740 GBP 1.8841 GBP 1.8903 GBP 1.8921 GBP 1.8957 GBP 1.8960 GBP 1.8999 GBP 1.9008 GBP 1.9067 GBP 1.9252 GBP 1.8739 GBP 1.8740 GBP 1.8830 GBP 1.8942 GBP 1.8960 GBP 1.8969 GBP 1.9032 GBP 1.9074 GBP 1.9170 GBP 1.9199 GBP 1.8576 GBP 1.8739 GBP 1.8948 GBP 1.8966 GBP 1.9109 GBP 1.9130 GBP 1.8827 GBP 1.8847 GBP 1.8889 GBP 1.9004 GBP 1.9027 GBP 1.9134 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

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(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)

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:	17 May 2024
Contact name:	Natasha Mondon
Telephone number:	01202 325175

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