5th Apr 2023 11:20
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: | 04 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
| 1,710,392
1,687,144
| 2.1880 GBP
2.1801 GBP
| 2.0000 GBP
2.0000 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
| 8,553 1,139 257 8 53,191 17,926 6,351 8
8,617 8,723 437,000
5,064 13,183 5,472
5,281 8,423 370,000 42,000
200,215 3,155 3,623 18,947 6,319 422 10,942 11,353 75,179 3,000 10,000 2,561 10,000 5,902 3,966 3,010 480 3,087 25,791 100,000
11,353 100,760 14,864 1,245 8,696 2,187 4,532 12,918 6,447 1,599 3,302 3,000 10,000 99,890 1,823 10,000 100,000 25,791 79,545 | 2.0005 GBP 2.0192 GBP 2.0503 GBP 2.0620 GBP 2.0700 GBP 2.0750 GBP 2.1028 GBP 2.1361 GBP
2.0916 GBP 2.0971 GBP 2.1020 GBP
2.0492 GBP 2.0583 GBP 2.1105 GBP
2.0124 GBP 2.0340 GBP 2.0941 GBP 2.1101 GBP
2.0000 GBP 2.0259 GBP 2.0459 GBP 2.0460 GBP 2.0540 GBP 2.0659 GBP 2.0868 GBP 2.0949 GBP 2.1422 GBP 2.1423 GBP 2.1494 GBP 2.1522 GBP 2.1534 GBP 2.1568 GBP 2.1600 GBP 2.1614 GBP 2.1650 GBP 2.1664 GBP 2.1705 GBP 2.1801 GBP
2.0000 GBP 2.0001 GBP 2.0194 GBP 2.0212 GBP 2.0221 GBP 2.0236 GBP 2.0383 GBP 2.0431 GBP 2.0464 GBP 2.0472 GBP 2.0620 GBP 2.0634 GBP 2.0652 GBP 2.0692 GBP 2.0761 GBP 2.0844 GBP 2.0988 GBP 2.1092 GBP 2.1735 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 |
|
|
|
|
|
(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) |
|
|
|
|
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: | 05 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)