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Form 8.3 - Wood Group (John) plc

27th Feb 2025 10:27

RNS Number : 7244Y
Barclays PLC
27 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:

26 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:

 

 

5,290,893

0.76%

28,524,022

4.12%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

28,665,532

4.14%

3,771,991

0.55%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

1,658,366

0.24%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

33,956,425

4.91%

33,954,379

4.91%

(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

983,438

0.3852 GBP

4 2/7 p ordinary

Purchase

222,696

0.3789 GBP

4 2/7 p ordinary

Purchase

206,438

0.3760 GBP

4 2/7 p ordinary

Purchase

127,151

0.3850 GBP

4 2/7 p ordinary

Purchase

99,772

0.3793 GBP

4 2/7 p ordinary

Purchase

91,380

0.3833 GBP

4 2/7 p ordinary

Purchase

87,500

0.3846 GBP

4 2/7 p ordinary

Purchase

57,485

0.3842 GBP

4 2/7 p ordinary

Purchase

55,903

0.3775 GBP

4 2/7 p ordinary

Purchase

39,611

0.3693 GBP

4 2/7 p ordinary

Purchase

33,654

0.3726 GBP

4 2/7 p ordinary

Purchase

31,253

0.3948 GBP

4 2/7 p ordinary

Purchase

26,019

0.3788 GBP

4 2/7 p ordinary

Purchase

25,854

0.3664 GBP

4 2/7 p ordinary

Purchase

25,518

0.3892 GBP

4 2/7 p ordinary

Purchase

25,157

0.3940 GBP

4 2/7 p ordinary

Purchase

23,933

0.3820 GBP

4 2/7 p ordinary

Purchase

20,546

0.3819 GBP

4 2/7 p ordinary

Purchase

19,909

0.3705 GBP

4 2/7 p ordinary

Purchase

19,417

0.3709 GBP

4 2/7 p ordinary

Purchase

19,405

0.3686 GBP

4 2/7 p ordinary

Purchase

18,446

0.3887 GBP

4 2/7 p ordinary

Purchase

16,581

0.3822 GBP

4 2/7 p ordinary

Purchase

11,110

0.3945 GBP

4 2/7 p ordinary

Purchase

10,621

0.3755 GBP

4 2/7 p ordinary

Purchase

6,273

0.3947 GBP

4 2/7 p ordinary

Purchase

5,094

0.3697 GBP

4 2/7 p ordinary

Purchase

5,000

0.3734 GBP

4 2/7 p ordinary

Purchase

5,000

0.3733 GBP

4 2/7 p ordinary

Purchase

4,645

0.3699 GBP

4 2/7 p ordinary

Purchase

3,350

0.3728 GBP

4 2/7 p ordinary

Purchase

2,800

0.3907 GBP

4 2/7 p ordinary

Purchase

1,746

0.3942 GBP

4 2/7 p ordinary

Purchase

1,671

0.3700 GBP

4 2/7 p ordinary

Purchase

1,264

0.3798 GBP

4 2/7 p ordinary

Purchase

971

0.3748 GBP

4 2/7 p ordinary

Purchase

967

0.3710 GBP

4 2/7 p ordinary

Purchase

635

0.3802 GBP

4 2/7 p ordinary

Purchase

92

0.3687 GBP

4 2/7 p ordinary

Sale

1,432,114

0.3817 GBP

4 2/7 p ordinary

Sale

561,042

0.3801 GBP

4 2/7 p ordinary

Sale

435,438

0.3757 GBP

4 2/7 p ordinary

Sale

223,819

0.3743 GBP

4 2/7 p ordinary

Sale

171,443

0.3715 GBP

4 2/7 p ordinary

Sale

165,971

0.3776 GBP

4 2/7 p ordinary

Sale

110,345

0.3808 GBP

4 2/7 p ordinary

Sale

86,230

0.3698 GBP

4 2/7 p ordinary

Sale

78,399

0.3755 GBP

4 2/7 p ordinary

Sale

75,910

0.3731 GBP

4 2/7 p ordinary

Sale

75,000

0.3854 GBP

4 2/7 p ordinary

Sale

60,010

0.3769 GBP

4 2/7 p ordinary

Sale

37,139

0.3679 GBP

4 2/7 p ordinary

Sale

31,253

0.3948 GBP

4 2/7 p ordinary

Sale

25,854

0.3664 GBP

4 2/7 p ordinary

Sale

25,518

0.3892 GBP

4 2/7 p ordinary

Sale

25,507

0.3733 GBP

4 2/7 p ordinary

Sale

25,157

0.3940 GBP

4 2/7 p ordinary

Sale

24,522

0.3686 GBP

4 2/7 p ordinary

Sale

23,250

0.3814 GBP

4 2/7 p ordinary

Sale

20,546

0.3819 GBP

4 2/7 p ordinary

Sale

16,534

0.3789 GBP

4 2/7 p ordinary

Sale

12,500

0.3885 GBP

4 2/7 p ordinary

Sale

10,020

0.3807 GBP

4 2/7 p ordinary

Sale

5,000

0.3734 GBP

4 2/7 p ordinary

Sale

4,645

0.3699 GBP

4 2/7 p ordinary

Sale

3,350

0.3728 GBP

4 2/7 p ordinary

Sale

3,303

0.3753 GBP

4 2/7 p ordinary

Sale

1,746

0.3942 GBP

4 2/7 p ordinary

Sale

1,671

0.3700 GBP

4 2/7 p ordinary

Sale

1,487

0.3695 GBP

4 2/7 p ordinary

Sale

1,171

0.3896 GBP

4 2/7 p ordinary

Sale

967

0.3710 GBP

4 2/7 p ordinary

Sale

662

0.3692 GBP

4 2/7 p ordinary

Sale

635

0.3802 GBP

4 2/7 p ordinary

Sale

627

0.3651 GBP

4 2/7 p ordinary

Sale

392

0.3682 GBP

4 2/7 p ordinary

Sale

379

0.3716 GBP

4 2/7 p ordinary

Sale

294

0.3722 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

13,583

0.3686 GBP

4 2/7 p ordinary

SWAP

Increasing Long

85,067

0.3695 GBP

4 2/7 p ordinary

SWAP

Increasing Long

171,443

0.3715 GBP

4 2/7 p ordinary

SWAP

Increasing Long

49,207

0.3720 GBP

4 2/7 p ordinary

SWAP

Increasing Long

223,819

0.3743 GBP

4 2/7 p ordinary

SWAP

Increasing Long

435,438

0.3757 GBP

4 2/7 p ordinary

SWAP

Increasing Long

53,892

0.3763 GBP

4 2/7 p ordinary

SWAP

Increasing Long

165,971

0.3776 GBP

4 2/7 p ordinary

SWAP

Increasing Long

1,805

0.3846 GBP

4 2/7 p ordinary

SWAP

Increasing Long

1,171

0.3896 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

47,180

0.3686 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

19,909

0.3705 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

3,652

0.3741 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

9,130

0.3742 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

99,772

0.3793 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

1,264

0.3798 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

91,380

0.3833 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

7,659

0.3863 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

3,442

0.3900 GBP

4 2/7 p ordinary

SWAP

Decreasing Long

10,787

0.3905 GBP

4 2/7 p ordinary

CFD

Increasing Long

125,724

0.3686 GBP

4 2/7 p ordinary

CFD

Increasing Long

299,318

0.3707 GBP

4 2/7 p ordinary

CFD

Increasing Long

85,034

0.3751 GBP

4 2/7 p ordinary

CFD

Increasing Long

6,909

0.3802 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:

27 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

-1,170,340

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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