Wood Group (John) Plc - Form 8 (DD) - John Wood Group PLC
FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
1. KEY INFORMATION
__________________________________________________________________________ |(a) Full name of discloser: |Kenneth Gilmartin | |________________________________________|_________________________________| |(b) Owner or controller of interests and| | |short positions disclosed, if different | | |from 1(a): | | | |N/A | |The naming of nominee or vehicle | | |companies is insufficient.For a trust, | | |the trustee(s), settlor and | | |beneficiaries must be named. | | |________________________________________|_________________________________| |(c) Name of offeror/offeree in relation | | |to whose relevant securities this form | | |relates: |John Wood Group PLC | | | | |Use a separate form for each | | |offeror/offeree | | |________________________________________|_________________________________| |(d) Status of person making the | | |disclosure: | | | |Person acting in concert with the| |e.g. offeror, offeree, person acting in |offeree (John Wood Group PLC) | |concert with the offeror/offeree | | |(specify name of offeror/offeree) | | |________________________________________|_________________________________| |(e) Date dealing undertaken: |18 July 2024 | |________________________________________|_________________________________| |(f) In addition to the company in 1(c) | | |above, is the discloser making | | |disclosures in respect of any other | | |party to the offer? |N/A | | | | |If it is a cash offer or possible cash | | |offer, state "N/A" | | |________________________________________|_________________________________|
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing
______________________________________________________________________________ |Class of relevant security: | | |_____________________________________________________|________________________| | |Interests |Short | | | |position| | |_______________|________| | |Number |% |Number|%| |_____________________________________________________|_________|_____|______|_| |(1) Relevant securities owned and/or controlled: |1,169,530|0.17%|Nil |-| |_____________________________________________________|_________|_____|______|_| |(2) Cash-settled derivatives: |Nil |- |Nil |-| |_____________________________________________________|_________|_____|______|_| |(3) Stock-settled derivatives (including options) and|Nil |- |Nil |-| |agreements to purchase/sell: | | | | | |_____________________________________________________|_________|_____|______|_| |TOTAL: |1,169,530|0.17%|Nil |-| |_____________________________________________________|_________|_____|______|_|
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).
Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).
(b) Rights to subscribe for new securities (including directors' and other employee options)
______________________________________________________________________________ |Class of relevant security in | | |relation to which subscription |Ordinary shares of 4 2/7p each | |right exists: | | |________________________________|_____________________________________________| | | | | |Long Term Plan (not subject to performance | | |conditions) | | | | | |Number Exercise| | |of Date of Vesting Lapse price | | |ordinary grant date date (per | | |shares share) | | | | | |4,180 01/01/2021 01/03/2026 N/A Nil | | | | | |Long Term Plan (subject to performance | | |conditions) | | | | | |Number Exercise| | |of Date of Vesting Lapse price | | |ordinary grant date date (per | | |shares share) | | | | | |234,276 01/01/2022 20/03/2025 N/A Nil | | | | | |58,569 01/01/2022 20/03/2027 N/A Nil | | | | | |998,062 01/01/2023 20/03/2028 N/A Nil | | | | | |Discretionary Share Plan (subject to | | |performance conditions) | | | | | |Number Exercise| | |of Date of Vesting Lapse price | | |ordinary grant date date (per | | |shares share) | | | | | |933,643 01/01/2024 31/03/2029 N/A Nil | | | | |Details, including nature of the|Annual Bonus Plan (not subject to performance| |rights concerned and relevant |conditions) | |percentages: | | | |Number Exercise| |(1) |of Date of Vesting Lapse price | | |ordinary grant date date (per | | |shares share) | | | | | |74,756 18/04/2023 20/03/2025 N/A Nil | | | | | |81,618 19/04/2024 20/03/2026 N/A Nil | | | | | |Employee Share Plan - not eligible for | | |notional dividends(2) | | | | | |Number Exercise| | |of Date of Vesting Lapse price | | |ordinary grant date date (per | | |shares share) | | | | | |25,533 20/04/2023 20/04/2025 N/A Nil | | | | | |2,220 19/04/2024 19/04/2026 N/A Nil | | | | | |1,761 16/05/2024 19/04/2026 N/A Nil | | | | | |1,673 20/06/2024 19/04/2026 N/A Nil | | | | | |1,628 18/07/2024 19/04/2026 N/A Nil | | | | | | | | |(1) Unless otherwise stated, nil-cost options| | |and/or conditional awards are subject to | | |notional dividends from the date of grant to | | |the vesting date on the final award. | | | | | |(2) Awards under the Employee Share Plan | | |which were granted in the 2023 award year | | |have been aggregated and stated as having | | |been granted on the date of the first award | | |in that year (i.e., 20 April 2023). | |________________________________|_____________________________________________|
3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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
(i) Party to an offer or person acting in concert (except for a principal trader in the same group as a connected adviser)
______________________________________________________________________________ |Class of relevant |Purchase/sale |Number of securities|Price per unit| |security | | | | |____________________|_____________________|____________________|______________| | |Purchase of shares in| | | |Ordinary shares of 4|accordance with a | | | |2/7p each |trading plan relating|3,256 |£2.0559 | | |to the Wood Employee | | | | |Share Plan | | | |____________________|_____________________|____________________|______________|
(ii) Principal trader where the sole reason for the connection is that the principal trader is in the same group as a connected adviser
____________________________________________________________________________ |Class of| |Total number of|Highest price per|Lowest price per| |relevant|Purchases/ sales|securities |unit |unit | |security| | |paid/received |paid/received | |________|________________|_______________|_________________|________________| |N/A |N/A |N/A |N/A |N/A | |________|________________|_______________|_________________|________________|
(b) Cash-settled derivative transactions
___________________________________________________________________________ | | |Nature of dealing | | | | | | | | | | |Product |e.g. | | | |Class of relevant|description|opening/closing a |Number of | | |security | |long/short |reference |Price per unit| | |e.g. CFD |position, |securities| | | | |increasing/reducing| | | | | |a long/short | | | | | |position | | | |_________________|___________|___________________|__________|______________| |N/A |N/A |N/A |N/A |N/A | |_________________|___________|___________________|__________|______________|
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
__________________________________________________________________________________ | | |Writing, |Number of | |Type | |Option | |Class of|Product |purchasing,|securities|Exercise| | |money | |relevant|descriptione.g.|selling, |to which |price |e.g. |Expiry|paid/ | |security|call option |varying |option |per unit|American,|date |received| | | |etc. |relates | |European | |per unit| | | | | | |etc. | | | |________|_______________|___________|__________|________|_________|______|________| |N/A |N/A |N/A |N/A |N/A |N/A |N/A |N/A | |________|_______________|___________|__________|________|_________|______|________|
(ii) Exercise
______________________________________________________________________________ | |Product | | | | |Class of relevant|description |Exercising/ |Number of |Exercise price| |security | |exercised against|securities|per unit | | |e.g. call option| | | | |_________________|________________|_________________|__________|______________| |N/A |N/A |N/A |N/A |N/A | |_________________|________________|_________________|__________|______________|
(d) Other dealings (including subscribing for new securities)
________________________________________________________________________ | |Nature of dealing | | | |Class of relevant security| |Details|Price per unit (if| | |e.g. subscription,| |applicable) | | |conversion | | | |__________________________|__________________|_______|__________________| |N/A |N/A |N/A |N/A | |__________________________|__________________|_______|__________________|
4. 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 party to| |the offer or person acting in concert making the disclosure and any other | |person: | | | |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 party to the offer or person acting in concert 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 | |_____________________________________________________________________________|
(c) Attachments
Are any Supplemental Forms attached?
_______________________________________ |Supplemental Form 8 (Open Positions)|NO| |____________________________________|__| |Supplemental Form 8 (SBL) |NO| |____________________________________|__|
_______________________________________________________________________ | |19 July 2024 | |Date of disclosure:| | |___________________|___________________________________________________| | |Michael Rasmuson, Group General Counsel and Company| |Contact name: |Secretary | |___________________|___________________________________________________| | |+1 832 809 8000 | |Telephone number: | | |___________________|___________________________________________________|
Public disclosures under Rule 8 of the Code must be made to a
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 .
