13th Mar 2023 10:27
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: | 10 March 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 | 1,476,414
442,366 | 2.2260 GBP
2.2299 GBP | 2.1940 GBP
2.1950 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
| 2,092 31,905 27 8,758 2 1,598 840
32,756 100 62,731 2,164
17,078 8,409 8,403 35,417 304 1,231 20,424 615 5,436 9,304
224,000 307,237 300,000 40,000 6,627 5,886 115,163 100,000
2,893 407 298 96,903 683 32 937
567 5,796 4,820 3,452 1,430 4,348 21,432 1,235 25,700 37,285 3,047 12,833 1,889 42,734 | 2.2084 GBP 2.2129 GBP 2.2190 GBP 2.2202 GBP 2.2223 GBP 2.2225 GBP 2.2232 GBP
2.2041 GBP 2.2070 GBP 2.2097 GBP 2.2114 GBP
2.2067 GBP 2.2100 GBP 2.2137 GBP 2.2160 GBP 2.2170 GBP 2.2182 GBP 2.2185 GBP 2.2195 GBP 2.2222 GBP 2.2223 GBP
2.2061 GBP 2.2090 GBP 2.2111 GBP 2.2116 GBP 2.2146 GBP 2.2163 GBP 2.2171 GBP 2.2211 GBP
2.2159 GBP 2.2180 GBP 2.2229 GBP 2.2230 GBP 2.2244 GBP 2.2289 GBP 2.2299 GBP
2.2102 GBP 2.2121 GBP 2.2128 GBP 2.2131 GBP 2.2140 GBP 2.2150 GBP 2.2167 GBP 2.2175 GBP 2.2189 GBP 2.2191 GBP 2.2195 GBP 2.2197 GBP 2.2201 GBP 2.2230 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: | 13 March 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)