24th Feb 2023 10:49
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: | 23 February 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 | 2,735,654
2,027,329 | 2.0700 GBP
2.0700 GBP | 1.9790 GBP
1.9495 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
| 21,076 4,184 4,396 3,522 5 17,002 37 515 161,925 19,829
2,542 2,000 41,062 12,049 13,000 2,343 91 42,969 70,399 81,280 476,583
186 3,177 51,850 34
2,435 595 10,000 218,616
1,982 528 14,564 965 10,228 3,830 1,163 314 526 3,614
977,799 2,199 317 2,978 194 13,683 123,153 5,033 462 11,735 28,752 1,205 6,989 250 108 | 1.9957 GBP 1.9970 GBP 1.9971 GBP 2.0058 GBP 2.0075 GBP 2.0144 GBP 2.0190 GBP 2.0205 GBP 2.0243 GBP 2.0299 GBP
1.9754 GBP 1.9837 GBP 1.9957 GBP 1.9971 GBP 2.0008 GBP 2.0134 GBP 2.0181 GBP 2.0189 GBP 2.0322 GBP 2.0364 GBP 2.0681 GBP
1.9950 GBP 2.0021 GBP 2.0105 GBP 2.0203 GBP
1.9858 GBP 1.9957 GBP 2.0052 GBP 2.0226 GBP
1.9860 GBP 1.9865 GBP 1.9954 GBP 2.0100 GBP 2.0139 GBP 2.0191 GBP 2.0254 GBP 2.0289 GBP 2.0479 GBP 2.0636 GBP
1.9955 GBP 1.9956 GBP 2.0031 GBP 2.0041 GBP 2.0061 GBP 2.0099 GBP 2.0143 GBP 2.0169 GBP 2.0220 GBP 2.0223 GBP 2.0248 GBP 2.0267 GBP 2.0332 GBP 2.0401 GBP 2.0440 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: | 24 February 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)