25th Feb 2025 09:30
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | John Wood Group plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | John Wood Group plc |
(d) Date dealing undertaken: | 24 February 2025 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
4 2/7p ordinary | SALES | 8,972,652 | 0.3800 GBP | 0.2680 GBP |
4 2/7p ordinary | PURCHASES | 8,829,658 | 0.3803 GBP | 0.2694 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
4 2/7p ordinary | CFD | increasing a long position | 610 | 0.2985 GBP |
4 2/7p ordinary | CFD | increasing a long position | 242,200 | 0.3100 GBP |
4 2/7p ordinary | CFD | increasing a long position | 41,571 | 0.3112 GBP |
4 2/7p ordinary | CFD | increasing a long position | 75,156 | 0.3297 GBP |
4 2/7p ordinary | CFD | increasing a long position | 21,213 | 0.3313 GBP |
4 2/7p ordinary | CFD | increasing a long position | 27,827 | 0.3381 GBP |
4 2/7p ordinary | CFD | increasing a long position | 36,846 | 0.3382 GBP |
4 2/7p ordinary | CFD | increasing a long position | 717,780 | 0.3398 GBP |
4 2/7p ordinary | CFD | increasing a long position | 13,815 | 0.3441 GBP |
4 2/7p ordinary | CFD | increasing a long position | 196,232 | 0.3485 GBP |
4 2/7p ordinary | CFD | increasing a long position | 19,612 | 0.3557 GBP |
4 2/7p ordinary | CFD | increasing a long position | 29,314 | 0.3604 GBP |
4 2/7p ordinary | CFD | increasing a long position | 446,883 | 0.3613 GBP |
4 2/7p ordinary | CFD | increasing a long position | 3,933 | 0.3684 GBP |
4 2/7p ordinary | CFD | increasing a long position | 181,134 | 0.3692 GBP |
4 2/7p ordinary | CFD | increasing a long position | 800 | 0.3732 GBP |
4 2/7p ordinary | CFD | increasing a long position | 301 | 0.3732 GBP |
4 2/7p ordinary | CFD | increasing a long position | 95,440 | 0.3732 GBP |
4 2/7p ordinary | CFD | increasing a short position | 153,038 | 0.3400 GBP |
4 2/7p ordinary | CFD | increasing a short position | 14,172 | 0.3486 GBP |
4 2/7p ordinary | CFD | increasing a short position | 12,500 | 0.3496 GBP |
4 2/7p ordinary | CFD | increasing a short position | 600,000 | 0.3500 GBP |
4 2/7p ordinary | CFD | increasing a short position | 12,500 | 0.3528 GBP |
4 2/7p ordinary | CFD | increasing a short position | 12,500 | 0.3549 GBP |
4 2/7p ordinary | CFD | increasing a short position | 150,000 | 0.3579 GBP |
4 2/7p ordinary | CFD | increasing a short position | 900,592 | 0.3587 GBP |
4 2/7p ordinary | CFD | increasing a short position | 200,000 | 0.3603 GBP |
4 2/7p ordinary | CFD | increasing a short position | 195,044 | 0.3678 GBP |
4 2/7p ordinary | CFD | increasing a short position | 14,964 | 0.3732 GBP |
4 2/7p ordinary | CFD | reducing a long position | 65 | 0.2676 GBP |
4 2/7p ordinary | CFD | reducing a long position | 11,133 | 0.2965 GBP |
4 2/7p ordinary | CFD | reducing a long position | 46,221 | 0.2995 GBP |
4 2/7p ordinary | CFD | reducing a long position | 27,412 | 0.3039 GBP |
4 2/7p ordinary | CFD | reducing a long position | 196,232 | 0.3451 GBP |
4 2/7p ordinary | CFD | reducing a long position | 7,570 | 0.3452 GBP |
4 2/7p ordinary | CFD | reducing a long position | 4,258 | 0.3462 GBP |
4 2/7p ordinary | CFD | reducing a long position | 4,095 | 0.3466 GBP |
4 2/7p ordinary | CFD | reducing a long position | 132,009 | 0.3478 GBP |
4 2/7p ordinary | CFD | reducing a long position | 242,200 | 0.3480 GBP |
4 2/7p ordinary | CFD | reducing a long position | 530,484 | 0.3577 GBP |
4 2/7p ordinary | CFD | reducing a long position | 94,493 | 0.3637 GBP |
4 2/7p ordinary | CFD | reducing a long position | 36,781 | 0.3732 GBP |
4 2/7p ordinary | CFD | reducing a long position | 9 | 0.3733 GBP |
4 2/7p ordinary | CFD | reducing a short position | 101,280 | 0.2732 GBP |
4 2/7p ordinary | CFD | reducing a short position | 67,438 | 0.3471 GBP |
4 2/7p ordinary | CFD | reducing a short position | 8,693 | 0.3490 GBP |
4 2/7p ordinary | CFD | reducing a short position | 721,284 | 0.3494 GBP |
4 2/7p ordinary | CFD | reducing a short position | 71,130 | 0.3551 GBP |
4 2/7p ordinary | CFD | reducing a short position | 416,171 | 0.3598 GBP |
4 2/7p ordinary | CFD | reducing a short position | 200,000 | 0.3643 GBP |
4 2/7p ordinary | CFD | reducing a short position | 1,093 | 0.3732 GBP |
4 2/7p ordinary | CFD | reducing a short position | 358 | 0.3732 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
N/A | N/A | N/A | N/A |
3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
| Date of disclosure: | 25 February 2025 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Wood Group (J)