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Form 8.3 - Wood Group (John) plc

26th Feb 2025 11:57

RNS Number : 5689Y
Barclays PLC
26 February 2025
 

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

 

 

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

 

 

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

 

 

 

disclosures in respect of any other party to the offer?

 

 

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 

 

to which the disclosure relates following the dealing(if any)

 

Class of relevant security:

4 2/7 p ordinary

 

Interests

Short Positions

 

Number

(%)

Number

(%)

(1)

Relevant securities owned

 

 

 

 

 

and/or controlled:

 

 

5,670,055

0.82%

27,461,639

3.97%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

27,619,224

3.99%

4,149,889

0.60%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

1,658,368

0.24%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

33,289,279

4.81%

33,269,896

4.81%

(b)

Rights to subscribe for new securities (including directors and other executive

 

 

options)

 

 

 

 

 

 

Class of relevant security in relation to

 

 

 

 

which subscription right exists

 

 

 

 

Details, including nature of the rights

 

 

 

 

concerned and relevant percentages:

 

 

 

 

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

 

 

 

 

 

Class of relevant

Purchase/sale

Number of

Price per unit

security

 

securities

 

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

 

 

 

 

 

 

 

 

(b)

Cash-settled derivative transactions

 

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

 

reference

unit

security

 

 

securities

 

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

 

 

 

 

 

 

 

 

(c)

Stock-settled derivative transactions (including options)

 

(i)

Writing, selling, purchasing or varying

 

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

 

date

money

relevant

 

selling,

securities

per unit

 

 

paid/

security

 

varying etc

to which

 

 

 

received

 

 

 

option

 

 

 

per unit

 

 

 

relates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(ii)

Exercising

 

 

 

 

 

 

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

 

 

securities

unit

 

 

 

 

 

 

 

 

 

 

 

 

 

(d)

Other dealings (including subscribing for new securities)

 

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

 

 

applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

 

 

 

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between

 

 

the person 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 of future acquisition or disposal of any relevant securities to which

 

 

any derivative is referenced:

 

 

 

 

 

 

NONE

(c)

Attachments

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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:

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

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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