10th May 2023 10:52
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: | 9 May 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 | 749,489
730,789 | 2.2100 GBP
2.2080 GBP | 2.1660 GBP
2.1660 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
| 20,068 25,757 19 181 530 18,697 6,976
117,518 54,039 185,505 8,000 6,737 11,000 1,403 10,228 580 20,962 16,675 11,850 10,948 2,913 1,491 1,874
3 2
144,654 100 552 1 4,657 205,128 5,000 7,671 3,506 13,777 19,203 19,200 2,999 21,800 | 2.1863 GBP 2.1877 GBP 2.1937 GBP 2.1939 GBP 2.1952 GBP 2.2060 GBP 2.2101 GBP
2.1858 GBP 2.1859 GBP 2.1860 GBP 2.1935 GBP 2.1940 GBP 2.1954 GBP 2.1960 GBP 2.1976 GBP 2.1979 GBP 2.1988 GBP 2.2007 GBP 2.2011 GBP 2.2019 GBP 2.2024 GBP 2.2044 GBP 2.2060 GBP
2.1980 GBP 2.2000 GBP
2.1860 GBP 2.1862 GBP 2.1901 GBP 2.1960 GBP 2.1966 GBP 2.1970 GBP 2.1979 GBP 2.1997 GBP 2.2000 GBP 2.2018 GBP 2.2036 GBP 2.2044 GBP 2.2047 GBP 2.2060 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: | 10 May 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)