27th Feb 2025 10:27
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: | 26 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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| 5,290,893 | 0.76% | 28,524,022 | 4.12% |
(2) | Cash-settled derivatives: |
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| and/or controlled: |
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| 28,665,532 | 4.14% | 3,771,991 | 0.55% |
(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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| 33,956,425 | 4.91% | 33,954,379 | 4.91% |
(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 | 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 | ||||
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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 | 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 | |||
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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: | 27 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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