20th Apr 2023 15:19
AMENDMENT
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: | J.P. Morgan Securities 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: | Financial advisor and corporate broker to John Wood Group PLC |
(d) Date dealing undertaken: | 17 April 2023 |
(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 |
4p ordinary | Purchase
Sale | 2,096,706
968,758 | 2.2860 GBP
2.2800 GBP | 2.2520 GBP
2.2520 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 |
4p ordinary | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position | 20,684 737 26,498 22 98,589 66,773 19,185 740 23,640 124,745
117,819 13 10,917 199 12,500
159 7,031 5,515 953
63,869 36,231 2,208 87 24 294 13,858 76,382 76,213 263,247 27,715
1,955 204 7,104 21,787 155,675 1,518 8,778 21,385 1,402 24,007
544 8,353 2,311 3,111 10,850 334,841 2,909 41,401 59,102 4,284 137 41,358 7,505 62,860 1,139 | 2.2603 GBP 2.2613 GBP 2.2640 GBP 2.2655 GBP 2.2697 GBP 2.2699 GBP 2.2712 GBP 2.2756 GBP 2.2757 GBP 2.2791 GBP
2.2592 GBP 2.2600 GBP 2.2658 GBP 2.2720 GBP 2.2800 GBP
2.2600 GBP 2.2640 GBP 2.2653 GBP 2.2738 GBP
2.2522 GBP 2.2523 GBP 2.2592 GBP 2.2595 GBP 2.2600 GBP 2.2613 GBP 2.2662 GBP 2.2684 GBP 2.2702 GBP 2.2751 GBP 2.2774 GBP
2.2577 GBP 2.2580 GBP 2.2595 GBP 2.2599 GBP 2.2600 GBP 2.2623 GBP 2.2656 GBP 2.2679 GBP 2.2718 GBP 2.2779 GBP
2.2560 GBP 2.2641 GBP 2.2644 GBP 2.2660 GBP 2.2662 GBP 2.2665 GBP 2.2686 GBP 2.2688 GBP 2.2692 GBP 2.2717 GBP 2.2720 GBP 2.2739 GBP 2.2765 GBP 2.2800 GBP 2.2801 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 |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(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) |
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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
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(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
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| Date of disclosure: | 20 April 2023 |
| Contact name: | Natasha Mondon |
| Telephone number: | 01202 325175 |
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)