26th Feb 2025 11:57
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: | 25 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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| 5,670,055 | 0.82% | 27,461,639 | 3.97% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 27,619,224 | 3.99% | 4,149,889 | 0.60% |
(3) | Stock-settled derivatives (including options) |
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| and agreements to purchase/sell: |
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| 0 | 0.00% | 1,658,368 | 0.24% |
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| TOTAL: |
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| 33,289,279 | 4.81% | 33,269,896 | 4.81% |
(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 | 1,083,513 | 0.3861 GBP | ||||
4 2/7 p ordinary | Purchase | 665,233 | 0.3897 GBP | ||||
4 2/7 p ordinary | Purchase | 645,348 | 0.3857 GBP | ||||
4 2/7 p ordinary | Purchase | 478,027 | 0.3883 GBP | ||||
4 2/7 p ordinary | Purchase | 384,539 | 0.3866 GBP | ||||
4 2/7 p ordinary | Purchase | 372,990 | 0.3839 GBP | ||||
4 2/7 p ordinary | Purchase | 301,894 | 0.3840 GBP | ||||
4 2/7 p ordinary | Purchase | 301,582 | 0.3967 GBP | ||||
4 2/7 p ordinary | Purchase | 264,093 | 0.3874 GBP | ||||
4 2/7 p ordinary | Purchase | 197,420 | 0.3871 GBP | ||||
4 2/7 p ordinary | Purchase | 104,763 | 0.3893 GBP | ||||
4 2/7 p ordinary | Purchase | 87,622 | 0.3886 GBP | ||||
4 2/7 p ordinary | Purchase | 86,879 | 0.3926 GBP | ||||
4 2/7 p ordinary | Purchase | 56,458 | 0.3992 GBP | ||||
4 2/7 p ordinary | Purchase | 51,891 | 0.3848 GBP | ||||
4 2/7 p ordinary | Purchase | 45,000 | 0.3838 GBP | ||||
4 2/7 p ordinary | Purchase | 37,711 | 0.3881 GBP | ||||
4 2/7 p ordinary | Purchase | 28,123 | 0.3948 GBP | ||||
4 2/7 p ordinary | Purchase | 25,590 | 0.3822 GBP | ||||
4 2/7 p ordinary | Purchase | 25,146 | 0.3804 GBP | ||||
4 2/7 p ordinary | Purchase | 25,025 | 0.3756 GBP | ||||
4 2/7 p ordinary | Purchase | 25,009 | 0.4004 GBP | ||||
4 2/7 p ordinary | Purchase | 25,000 | 0.4033 GBP | ||||
4 2/7 p ordinary | Purchase | 24,721 | 0.3854 GBP | ||||
4 2/7 p ordinary | Purchase | 24,420 | 0.3900 GBP | ||||
4 2/7 p ordinary | Purchase | 23,992 | 0.3983 GBP | ||||
4 2/7 p ordinary | Purchase | 23,980 | 0.3742 GBP | ||||
4 2/7 p ordinary | Purchase | 22,959 | 0.3718 GBP | ||||
4 2/7 p ordinary | Purchase | 22,829 | 0.3834 GBP | ||||
4 2/7 p ordinary | Purchase | 22,071 | 0.3976 GBP | ||||
4 2/7 p ordinary | Purchase | 20,509 | 0.3980 GBP | ||||
4 2/7 p ordinary | Purchase | 19,956 | 0.3868 GBP | ||||
4 2/7 p ordinary | Purchase | 14,706 | 0.3901 GBP | ||||
4 2/7 p ordinary | Purchase | 12,816 | 0.3985 GBP | ||||
4 2/7 p ordinary | Purchase | 12,792 | 0.3928 GBP | ||||
4 2/7 p ordinary | Purchase | 12,431 | 0.3864 GBP | ||||
4 2/7 p ordinary | Purchase | 11,970 | 0.3784 GBP | ||||
4 2/7 p ordinary | Purchase | 10,000 | 0.3862 GBP | ||||
4 2/7 p ordinary | Purchase | 10,000 | 0.3796 GBP | ||||
4 2/7 p ordinary | Purchase | 8,849 | 0.3891 GBP | ||||
4 2/7 p ordinary | Purchase | 8,479 | 0.3835 GBP | ||||
4 2/7 p ordinary | Purchase | 7,795 | 0.3950 GBP | ||||
4 2/7 p ordinary | Purchase | 6,012 | 0.4000 GBP | ||||
4 2/7 p ordinary | Purchase | 5,861 | 0.3947 GBP | ||||
4 2/7 p ordinary | Purchase | 5,168 | 0.3971 GBP | ||||
4 2/7 p ordinary | Purchase | 5,164 | 0.3956 GBP | ||||
4 2/7 p ordinary | Purchase | 5,118 | 0.3952 GBP | ||||
4 2/7 p ordinary | Purchase | 4,800 | 0.3974 GBP | ||||
4 2/7 p ordinary | Purchase | 3,791 | 0.3982 GBP | ||||
4 2/7 p ordinary | Purchase | 3,778 | 0.3990 GBP | ||||
4 2/7 p ordinary | Purchase | 3,472 | 0.3820 GBP | ||||
4 2/7 p ordinary | Purchase | 3,424 | 0.3966 GBP | ||||
4 2/7 p ordinary | Purchase | 3,402 | 0.3858 GBP | ||||
4 2/7 p ordinary | Purchase | 3,284 | 0.3962 GBP | ||||
4 2/7 p ordinary | Purchase | 3,153 | 0.3944 GBP | ||||
4 2/7 p ordinary | Purchase | 2,795 | 0.3986 GBP | ||||
4 2/7 p ordinary | Purchase | 2,157 | 0.3970 GBP | ||||
4 2/7 p ordinary | Purchase | 2,000 | 0.3922 GBP | ||||
4 2/7 p ordinary | Purchase | 1,721 | 0.3998 GBP | ||||
4 2/7 p ordinary | Purchase | 1,368 | 0.3859 GBP | ||||
4 2/7 p ordinary | Purchase | 511 | 0.3978 GBP | ||||
4 2/7 p ordinary | Purchase | 149 | 0.3884 GBP | ||||
4 2/7 p ordinary | Sale | 1,418,773 | 0.3886 GBP | ||||
4 2/7 p ordinary | Sale | 1,238,252 | 0.3874 GBP | ||||
4 2/7 p ordinary | Sale | 1,123,070 | 0.3885 GBP | ||||
4 2/7 p ordinary | Sale | 881,152 | 0.3848 GBP | ||||
4 2/7 p ordinary | Sale | 300,000 | 0.3975 GBP | ||||
4 2/7 p ordinary | Sale | 259,113 | 0.3900 GBP | ||||
4 2/7 p ordinary | Sale | 210,565 | 0.3840 GBP | ||||
4 2/7 p ordinary | Sale | 187,217 | 0.3899 GBP | ||||
4 2/7 p ordinary | Sale | 159,956 | 0.3879 GBP | ||||
4 2/7 p ordinary | Sale | 155,000 | 0.3979 GBP | ||||
4 2/7 p ordinary | Sale | 151,336 | 0.3839 GBP | ||||
4 2/7 p ordinary | Sale | 143,299 | 0.3831 GBP | ||||
4 2/7 p ordinary | Sale | 82,568 | 0.3843 GBP | ||||
4 2/7 p ordinary | Sale | 66,970 | 0.3927 GBP | ||||
4 2/7 p ordinary | Sale | 56,458 | 0.3992 GBP | ||||
4 2/7 p ordinary | Sale | 53,813 | 0.3959 GBP | ||||
4 2/7 p ordinary | Sale | 45,000 | 0.3838 GBP | ||||
4 2/7 p ordinary | Sale | 40,847 | 0.3912 GBP | ||||
4 2/7 p ordinary | Sale | 39,707 | 0.3857 GBP | ||||
4 2/7 p ordinary | Sale | 39,202 | 0.4015 GBP | ||||
4 2/7 p ordinary | Sale | 28,123 | 0.3948 GBP | ||||
4 2/7 p ordinary | Sale | 26,251 | 0.3871 GBP | ||||
4 2/7 p ordinary | Sale | 25,590 | 0.3822 GBP | ||||
4 2/7 p ordinary | Sale | 25,146 | 0.3804 GBP | ||||
4 2/7 p ordinary | Sale | 25,025 | 0.3756 GBP | ||||
4 2/7 p ordinary | Sale | 25,009 | 0.4004 GBP | ||||
4 2/7 p ordinary | Sale | 24,721 | 0.3854 GBP | ||||
4 2/7 p ordinary | Sale | 23,980 | 0.3742 GBP | ||||
4 2/7 p ordinary | Sale | 22,959 | 0.3718 GBP | ||||
4 2/7 p ordinary | Sale | 22,829 | 0.3834 GBP | ||||
4 2/7 p ordinary | Sale | 22,071 | 0.3976 GBP | ||||
4 2/7 p ordinary | Sale | 21,670 | 0.3980 GBP | ||||
4 2/7 p ordinary | Sale | 20,323 | 0.3792 GBP | ||||
4 2/7 p ordinary | Sale | 20,155 | 0.3830 GBP | ||||
4 2/7 p ordinary | Sale | 19,956 | 0.3868 GBP | ||||
4 2/7 p ordinary | Sale | 12,792 | 0.3928 GBP | ||||
4 2/7 p ordinary | Sale | 10,000 | 0.3862 GBP | ||||
4 2/7 p ordinary | Sale | 10,000 | 0.3796 GBP | ||||
4 2/7 p ordinary | Sale | 9,828 | 0.3904 GBP | ||||
4 2/7 p ordinary | Sale | 7,795 | 0.3950 GBP | ||||
4 2/7 p ordinary | Sale | 6,012 | 0.4000 GBP | ||||
4 2/7 p ordinary | Sale | 5,118 | 0.3952 GBP | ||||
4 2/7 p ordinary | Sale | 5,000 | 0.3925 GBP | ||||
4 2/7 p ordinary | Sale | 4,800 | 0.3974 GBP | ||||
4 2/7 p ordinary | Sale | 3,810 | 0.3855 GBP | ||||
4 2/7 p ordinary | Sale | 3,791 | 0.3982 GBP | ||||
4 2/7 p ordinary | Sale | 3,778 | 0.3990 GBP | ||||
4 2/7 p ordinary | Sale | 3,424 | 0.3966 GBP | ||||
4 2/7 p ordinary | Sale | 3,402 | 0.3850 GBP | ||||
4 2/7 p ordinary | Sale | 3,153 | 0.3944 GBP | ||||
4 2/7 p ordinary | Sale | 2,795 | 0.3986 GBP | ||||
4 2/7 p ordinary | Sale | 2,509 | 0.3860 GBP | ||||
4 2/7 p ordinary | Sale | 2,000 | 0.3922 GBP | ||||
4 2/7 p ordinary | Sale | 1,802 | 0.3858 GBP | ||||
4 2/7 p ordinary | Sale | 1,721 | 0.3998 GBP | ||||
4 2/7 p ordinary | Sale | 1,246 | 0.3800 GBP | ||||
4 2/7 p ordinary | Sale | 511 | 0.3978 GBP | ||||
4 2/7 p ordinary | Sale | 149 | 0.3884 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 |
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security |
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4 2/7 p ordinary | SWAP | Increasing Long | 55,290 | 0.3722 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 42,994 | 0.3795 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 26,432 | 0.3816 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 133,504 | 0.3831 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 151,336 | 0.3839 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 30,758 | 0.3840 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 43,518 | 0.3852 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 488,781 | 0.3870 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 1,238,252 | 0.3874 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 159,956 | 0.3879 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 187,217 | 0.3899 GBP | |||
4 2/7 p ordinary | SWAP | Increasing Long | 39,202 | 0.4015 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 245 | 0.3829 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 98 | 0.3838 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 306,056 | 0.3840 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 645,348 | 0.3857 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 380,448 | 0.3866 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 264,093 | 0.3874 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 11,823 | 0.3877 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 33,709 | 0.3879 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 8,849 | 0.3891 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 80,916 | 0.3895 GBP | |||
4 2/7 p ordinary | SWAP | Decreasing Long | 2,157 | 0.3970 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 11,529 | 0.3849 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 390,803 | 0.3860 GBP | |||
4 2/7 p ordinary | CFD | Increasing Long | 58,641 | 0.3869 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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(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: | 26 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 | -1,170,342 | 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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