6th Apr 2023 10:57
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: | 05 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 | 1,542,707
968,731 | 2.1440 GBP
2.1440 GBP | 2.0682 GBP
2.0520 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
| 524 42,185 4,347 592 11,000 35,820 27,217 2,925
2,361 11,975 20,000 109,000 12,500 200,000
30,701 1,583 22,383 45 1,125 34,465 80,928
100,000 8,577 100,000 430,129 131,138 75,000 125,000 5,657
1,622 25,464 19,016 5,791 1,311 13,478 16,231 24,510 45,830 7,709 1,896 7,855 5,007 4,914 7,461 93,314
1,442 2,595 959 18,508 31,414 54,692 824 59,992 64,070 46,115 | 2.0820 GBP 2.0871 GBP 2.0942 GBP 2.0957 GBP 2.1049 GBP 2.1115 GBP 2.1265 GBP 2.1443 GBP
2.0845 GBP 2.0888 GBP 2.0983 GBP 2.0998 GBP 2.1001 GBP 2.1122 GBP
2.0883 GBP 2.0889 GBP 2.0897 GBP 2.0953 GBP 2.1352 GBP 2.1437 GBP 2.1440 GBP
2.0810 GBP 2.0854 GBP 2.0880 GBP 2.0893 GBP 2.0981 GBP 2.1011 GBP 2.1091 GBP 2.1326 GBP
2.0530 GBP 2.0778 GBP 2.0829 GBP 2.0839 GBP 2.0865 GBP 2.0905 GBP 2.0940 GBP 2.0947 GBP 2.0965 GBP 2.0971 GBP 2.0980 GBP 2.1007 GBP 2.1010 GBP 2.1071 GBP 2.1439 GBP 2.1440 GBP
2.0780 GBP 2.0788 GBP 2.0802 GBP 2.0853 GBP 2.0868 GBP 2.0902 GBP 2.0980 GBP 2.1099 GBP 2.1428 GBP 2.1440 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: | 06 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)