3rd Apr 2025 07:00
AMENDMENT
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 | Wood Group (John) plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Wood Group (John) plc |
(d) Date dealing undertaken: | 31 March 2025 |
(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 | 3,024,791
3,927,059 | 0.3272 GBP
0.3380 GBP | 0.2450 GBP
0.2440 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 | 3,896 25 47 10,076 15 155,086 2,633 7,973 1 20 13,660 34 3,663
45,100 85,524 158,049
25 74,122 1,210 47 206,809 67,318 64,687 12,025 16,478 77,265 10,679 2,778 8,544 72 372,680 153
543,466 25,000 9,800
49,900 62,660 1 128,860
35,300 | 0.2650 GBP 0.2652 GBP 0.2737 GBP 0.2753 GBP 0.2760 GBP 0.2804 GBP 0.2808 GBP 0.2813 GBP 0.2850 GBP 0.2901 GBP 0.3051 GBP 0.3112 GBP 0.3272 GBP
0.2747 GBP 0.2861 GBP 0.3001 GBP
0.2652 GBP 0.2714 GBP 0.2716 GBP 0.2737 GBP 0.2804 GBP 0.2807 GBP 0.2818 GBP 0.2826 GBP 0.2827 GBP 0.2854 GBP 0.2862 GBP 0.2868 GBP 0.2870 GBP 0.2890 GBP 0.3126 GBP 0.3170 GBP
0.2804 GBP 0.2847 GBP 0.2882 GBP
0.2768 GBP 0.2779 GBP 0.2804 GBP 0.3098 GBP
0.2854 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: | 02 April 2025 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
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)