25th Mar 2025 14:03
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: | 21 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 | 3,691,118
5,274,401 | 0.4270 GBP
0.4290 GBP | 0.3840 GBP
0.3840 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
| 1,020,759 2,742 9,457 50,415 8,877 6,119 174 6,091 7,265 3 3 19,713 46 3,101 406
53,427
1,090,865 77,769 1 8,374 31,145 12,964 9 2 11 1 3 9,486 2 447,833 794 2 23,780 2 7,539 10 15,704 4,402 1,455 17,374 3 3 12,063 3 432
22,930 2,513 | 0.3840 GBP 0.4011 GBP 0.4071 GBP 0.4099 GBP 0.4145 GBP 0.4194 GBP 0.4208 GBP 0.4218 GBP 0.4220 GBP 0.4233 GBP 0.4236 GBP 0.4237 GBP 0.4256 GBP 0.4258 GBP 0.4270 GBP
0.4143 GBP
0.3840 GBP 0.3964 GBP 0.3980 GBP 0.4014 GBP 0.4022 GBP 0.4038 GBP 0.4070 GBP 0.4080 GBP 0.4090 GBP 0.4110 GBP 0.4120 GBP 0.4129 GBP 0.4130 GBP 0.4137 GBP 0.4142 GBP 0.4150 GBP 0.4159 GBP 0.4160 GBP 0.4169 GBP 0.4170 GBP 0.4188 GBP 0.4192 GBP 0.4210 GBP 0.4218 GBP 0.4230 GBP 0.4233 GBP 0.4234 GBP 0.4236 GBP 0.4256 GBP
0.4186 GBP 0.4208 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: | 25 March 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)