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
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(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
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(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 |
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(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 |
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(d) Date dealing undertaken: |
28 March 2023 |
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(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
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Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
|
4p ordinary |
Purchase
Sale |
769,698
995,621 |
2.0000 GBP
2.0000 GBP |
1.9160 GBP
1.9160 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
|
12,420 25,193 311 1,124 47 6,157
7,000 5,416
11 67,818 6,793 165,621 23,680 9 1,535 15,241 5,602
23,758
33,566 2,723 1,573 3,723 17,713 5,614 2,470
40,822 3,703 382 1,022 1,490 3,585 3,906 732 10,938 1,824 329 307 |
1.9162 GBP 1.9451 GBP 1.9514 GBP 1.9588 GBP 1.9633 GBP 1.9772 GBP
1.9470 GBP 1.9607 GBP
1.9159 GBP 1.9186 GBP 1.9416 GBP 1.9458 GBP 1.9558 GBP 1.9583 GBP 1.9602 GBP 1.9635 GBP 1.9775 GBP
1.9667 GBP
1.9160 GBP 1.9421 GBP 1.9503 GBP 1.9657 GBP 1.9698 GBP 1.9792 GBP 1.9850 GBP
1.9160 GBP 1.9161 GBP 1.9345 GBP 1.9399 GBP 1.9424 GBP 1.9470 GBP 1.9486 GBP 1.9496 GBP 1.9507 GBP 1.9667 GBP 1.9705 GBP 2.0002 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
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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 |
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(ii) Exercise
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Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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|
|
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(d) Other dealings (including subscribing for new securities)
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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
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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" |
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None
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(b) Agreements, arrangements or understandings relating to options or derivatives
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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" |
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None
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Date of disclosure: |
29 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.
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