5th May 2023 11:23
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 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 | 3,752,993
2,286,041 | 2.2405 GBP
2.2380 GBP | 2.2000 GBP
2.1998 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 | 1,007,958 1 29 942 15,817 5,977 1 127,536 157 21,840 1,579
618 24,678 63,858 11,000 6,000 2,602 1,533 12,377 2,538 3,753 36,699 5,057 25,517 33,163 4,643 590 6,110
5 886 416 3,147
122,406 70 12,760 2,874 4,481 133,968 11,870 287,943 11,870 6,110 1,880 3,176 23,740 1 311 7,598
24,699
3,462 | 2.2000 GBP 2.2060 GBP 2.2067 GBP 2.2122 GBP 2.2130 GBP 2.2147 GBP 2.2160 GBP 2.2161 GBP 2.2236 GBP 2.2345 GBP 2.2386 GBP
2.1998 GBP 2.1999 GBP 2.2000 GBP 2.2020 GBP 2.2029 GBP 2.2039 GBP 2.2080 GBP 2.2088 GBP 2.2093 GBP 2.2099 GBP 2.2100 GBP 2.2148 GBP 2.2169 GBP 2.2176 GBP 2.2180 GBP 2.2219 GBP 2.2240 GBP
2.2052 GBP 2.2109 GBP 2.2110 GBP 2.2143 GBP
2.2000 GBP 2.2053 GBP 2.2059 GBP 2.2080 GBP 2.2097 GBP 2.2104 GBP 2.2121 GBP 2.2129 GBP 2.2138 GBP 2.2150 GBP 2.2200 GBP 2.2201 GBP 2.2221 GBP 2.2260 GBP 2.2281 GBP 2.2292 GBP
2.2214 GBP
2.2120 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 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)