28th Feb 2025 14:13
FORM 8.3 | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY | |||||||
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR | |||||||
MORE | |||||||
Rule 8.3 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Full name of discloser: |
| Barclays PLC. | ||||
(b) | Owner or controller of interest and short |
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| positions disclosed, if different from 1(a): | ||||||
(c) | Name of offeror/offeree in relation to whose | WOOD GROUP (JOHN) PLC | |||||
| relevant securities this form relates: | ||||||
(d) | If an exempt fund manager connected with an |
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| offeror/offeree, state this and specify identity of | ||||||
| offeror/offeree: | ||||||
(e) | Date position held/dealing undertaken: | 27 Feb 2025 | |||||
(f) | In addition to the company in 1(c) above, is the discloser making | NO |
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| disclosures in respect of any other party to the offer? |
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2. | POSITIONS OF THE PERSON MAKING THE DISCLOSURE | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree |
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| to which the disclosure relates following the dealing(if any) |
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Class of relevant security: | 4 2/7 p ordinary | ||||||
| Interests | Short Positions | |||||
| Number | (%) | Number | (%) | |||
(1) | Relevant securities owned |
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| and/or controlled: |
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| 5,231,474 | 0.76% | 29,890,232 | 4.32% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 30,053,192 | 4.34% | 3,699,513 | 0.53% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 1,658,366 | 0.24% |
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| TOTAL: |
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| 35,284,666 | 5.10% | 35,248,111 | 5.09% |
(b) | Rights to subscribe for new securities (including directors and other executive |
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| options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchases and sales |
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Class of relevant | Purchase/sale | Number of | Price per unit | ||||
security |
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4 2/7 p ordinary | Purchase | 1,488,403 | 0.3475 GBP | ||||
4 2/7 p ordinary | Purchase | 459,385 | 0.3590 GBP | ||||
4 2/7 p ordinary | Purchase | 233,734 | 0.3460 GBP | ||||
4 2/7 p ordinary | Purchase | 229,617 | 0.3435 GBP | ||||
4 2/7 p ordinary | Purchase | 178,018 | 0.3500 GBP | ||||
4 2/7 p ordinary | Purchase | 153,990 | 0.3405 GBP | ||||
4 2/7 p ordinary | Purchase | 132,763 | 0.3526 GBP | ||||
4 2/7 p ordinary | Purchase | 104,147 | 0.3429 GBP | ||||
4 2/7 p ordinary | Purchase | 66,955 | 0.3461 GBP | ||||
4 2/7 p ordinary | Purchase | 65,186 | 0.3441 GBP | ||||
4 2/7 p ordinary | Purchase | 34,933 | 0.3496 GBP | ||||
4 2/7 p ordinary | Purchase | 32,633 | 0.3436 GBP | ||||
4 2/7 p ordinary | Purchase | 31,561 | 0.3476 GBP | ||||
4 2/7 p ordinary | Purchase | 26,108 | 0.3468 GBP | ||||
4 2/7 p ordinary | Purchase | 26,013 | 0.3560 GBP | ||||
4 2/7 p ordinary | Purchase | 25,202 | 0.3445 GBP | ||||
4 2/7 p ordinary | Purchase | 20,077 | 0.3489 GBP | ||||
4 2/7 p ordinary | Purchase | 14,896 | 0.3481 GBP | ||||
4 2/7 p ordinary | Purchase | 12,500 | 0.3433 GBP | ||||
4 2/7 p ordinary | Purchase | 9,535 | 0.3401 GBP | ||||
4 2/7 p ordinary | Purchase | 7,637 | 0.3524 GBP | ||||
4 2/7 p ordinary | Purchase | 5,095 | 0.3407 GBP | ||||
4 2/7 p ordinary | Purchase | 3,582 | 0.3520 GBP | ||||
4 2/7 p ordinary | Purchase | 1,615 | 0.3534 GBP | ||||
4 2/7 p ordinary | Purchase | 1,440 | 0.3384 GBP | ||||
4 2/7 p ordinary | Purchase | 1,339 | 0.3502 GBP | ||||
4 2/7 p ordinary | Purchase | 1,144 | 0.3356 GBP | ||||
4 2/7 p ordinary | Purchase | 1,143 | 0.3512 GBP | ||||
4 2/7 p ordinary | Purchase | 995 | 0.3522 GBP | ||||
4 2/7 p ordinary | Purchase | 881 | 0.3550 GBP | ||||
4 2/7 p ordinary | Purchase | 505 | 0.3516 GBP | ||||
4 2/7 p ordinary | Purchase | 25 | 0.3544 GBP | ||||
4 2/7 p ordinary | Sale | 2,443,029 | 0.3463 GBP | ||||
4 2/7 p ordinary | Sale | 495,441 | 0.3470 GBP | ||||
4 2/7 p ordinary | Sale | 423,356 | 0.3532 GBP | ||||
4 2/7 p ordinary | Sale | 400,314 | 0.3477 GBP | ||||
4 2/7 p ordinary | Sale | 375,090 | 0.3472 GBP | ||||
4 2/7 p ordinary | Sale | 223,529 | 0.3584 GBP | ||||
4 2/7 p ordinary | Sale | 89,750 | 0.3464 GBP | ||||
4 2/7 p ordinary | Sale | 66,983 | 0.3489 GBP | ||||
4 2/7 p ordinary | Sale | 49,649 | 0.3409 GBP | ||||
4 2/7 p ordinary | Sale | 43,306 | 0.3405 GBP | ||||
4 2/7 p ordinary | Sale | 31,701 | 0.3436 GBP | ||||
4 2/7 p ordinary | Sale | 30,683 | 0.3352 GBP | ||||
4 2/7 p ordinary | Sale | 30,432 | 0.3492 GBP | ||||
4 2/7 p ordinary | Sale | 23,440 | 0.3553 GBP | ||||
4 2/7 p ordinary | Sale | 13,608 | 0.3375 GBP | ||||
4 2/7 p ordinary | Sale | 11,161 | 0.3524 GBP | ||||
4 2/7 p ordinary | Sale | 7,614 | 0.3334 GBP | ||||
4 2/7 p ordinary | Sale | 6,733 | 0.3456 GBP | ||||
4 2/7 p ordinary | Sale | 6,599 | 0.3488 GBP | ||||
4 2/7 p ordinary | Sale | 4,595 | 0.3484 GBP | ||||
4 2/7 p ordinary | Sale | 4,002 | 0.3526 GBP | ||||
4 2/7 p ordinary | Sale | 3,844 | 0.3590 GBP | ||||
4 2/7 p ordinary | Sale | 2,475 | 0.3460 GBP | ||||
4 2/7 p ordinary | Sale | 2,436 | 0.3338 GBP | ||||
4 2/7 p ordinary | Sale | 2,064 | 0.3368 GBP | ||||
4 2/7 p ordinary | Sale | 1,344 | 0.3276 GBP | ||||
4 2/7 p ordinary | Sale | 1,339 | 0.3502 GBP | ||||
4 2/7 p ordinary | Sale | 1,144 | 0.3356 GBP | ||||
4 2/7 p ordinary | Sale | 1,000 | 0.3626 GBP | ||||
4 2/7 p ordinary | Sale | 25 | 0.3544 GBP | ||||
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(b) | Cash-settled derivative transactions |
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Class of | Product | Nature of dealing | Number of | Price per | |||
relevant | description |
| reference | unit | |||
security |
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4 2/7 p ordinary | SWAP | Increasing Long | 7,614 | 0.3334 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 495,441 | 0.3470 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 375,090 | 0.3472 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 45,117 | 0.3489 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 12,575 | 0.3490 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 215,912 | 0.3590 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 229,617 | 0.3435 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 40,721 | 0.3466 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 81,545 | 0.3471 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 179,227 | 0.3500 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 168,223 | 0.3590 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 406 | 0.3636 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 955,105 | 0.3400 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 17,286 | 0.3427 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 26,712 | 0.3452 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 9,025 | 0.3590 GBP | |||
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(c) | Stock-settled derivative transactions (including options) |
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(i) | Writing, selling, purchasing or varying |
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Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
of | description | purchasing, | of | price |
| date | money |
relevant |
| selling, | securities | per unit |
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security |
| varying etc | to which |
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| received |
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| option |
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| per unit |
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| relates |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
security |
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(d) | Other dealings (including subscribing for new securities) |
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Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
security |
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE | |||||||
(c) | Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? | YES | ||||||
Date of disclosure: | 28 Feb 2025 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO | |||||||
PURCHASE OR SELL ETC. | |||||||
Note 5(i) on Rule 8 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
Identity of the person whose positions/dealings | Barclays PLC. | ||||||
are being disclosed: | |||||||
Name of offeror/offeree in relation to whose | WOOD GROUP (JOHN) PLC | ||||||
relevant securities this from relates: | |||||||
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2. | OPTIONS AND DERIVATIVES | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | |
4 2/7 p ordinary | Call Options | Written | -1,170,340 | 1.7390 | European | 08 May 2025 | |
4 2/7 p ordinary | Call Options | Written | -488,026 | 1.1632 | European | 12 Feb 2026 | |
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3. | AGREEMENTS TO PURCHASE OR SELL ETC. | ||||||
Full details should be given so that the nature of the interest or position can be fully understood: | |||||||
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Related Shares:
BarclaysWood Group (J)