25th Apr 2023 14:47
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: | 20 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 |
4 2/7p ordinary | Purchase
Sale | 1,243,390
982,765 | 2.2640 GBP
2.2640 GBP | 2.2400 GBP
2.2396 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 | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
| 11,222 11,568 14,949 22,347
24 30,000 10,264
926 67,521 16,221 10
453 14,913 74,167 206,658 1,820
6,977 114,001 14,566 7,302 23,832 2,367 4,928 40,936 21,567 6,782
102,175 2,917 164 6,932 469 1,658 4,918 30,110 2,009 2,240 3,251 1,062 32,143 39,174 12,274 | 2.2403 GBP 2.2480 GBP 2.2537 GBP 2.2576 GBP
2.2490 GBP 2.2552 GBP 2.2560 GBP
2.2396 GBP 2.2523 GBP 2.2527 GBP 2.2546 GBP
2.2455 GBP 2.2478 GBP 2.2505 GBP 2.2541 GBP 2.2550 GBP
2.2399 GBP 2.2400 GBP 2.2500 GBP 2.2530 GBP 2.2531 GBP 2.2535 GBP 2.2536 GBP 2.2552 GBP 2.2560 GBP 2.2564 GBP
2.2400 GBP 2.2401 GBP 2.2500 GBP 2.2535 GBP 2.2560 GBP 2.2561 GBP 2.2565 GBP 2.2567 GBP 2.2571 GBP 2.2576 GBP 2.2580 GBP 2.2581 GBP 2.2586 GBP 2.2594 GBP 2.2639 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: | 25 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)