Form 8.3 - Wood Group (John) plc

Barclays PLC

28 February 2025

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				WOOD GROUP (JOHN) PLC
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				27 Feb 2025
(f)	In addition to the company in 1(c) above, is the discloser making				NO
	disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				4 2/7 p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			5,231,474	0.76%	29,890,232	4.32%
(2)	Cash-settled derivatives:
	and/or controlled:			30,053,192	4.34%	3,699,513	0.53%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	1,658,366	0.24%
	TOTAL:			35,284,666	5.10%	35,248,111	5.09%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
4 2/7 p ordinary		Purchase		1,488,403		0.3475  GBP
4 2/7 p ordinary		Purchase		459,385		0.3590  GBP
4 2/7 p ordinary		Purchase		233,734		0.3460  GBP
4 2/7 p ordinary		Purchase		229,617		0.3435  GBP
4 2/7 p ordinary		Purchase		178,018		0.3500  GBP
4 2/7 p ordinary		Purchase		153,990		0.3405  GBP
4 2/7 p ordinary		Purchase		132,763		0.3526  GBP
4 2/7 p ordinary		Purchase		104,147		0.3429  GBP
4 2/7 p ordinary		Purchase		66,955		0.3461  GBP
4 2/7 p ordinary		Purchase		65,186		0.3441  GBP
4 2/7 p ordinary		Purchase		34,933		0.3496  GBP
4 2/7 p ordinary		Purchase		32,633		0.3436  GBP
4 2/7 p ordinary		Purchase		31,561		0.3476  GBP
4 2/7 p ordinary		Purchase		26,108		0.3468  GBP
4 2/7 p ordinary		Purchase		26,013		0.3560  GBP
4 2/7 p ordinary		Purchase		25,202		0.3445  GBP
4 2/7 p ordinary		Purchase		20,077		0.3489  GBP
4 2/7 p ordinary		Purchase		14,896		0.3481  GBP
4 2/7 p ordinary		Purchase		12,500		0.3433  GBP
4 2/7 p ordinary		Purchase		9,535		0.3401  GBP
4 2/7 p ordinary		Purchase		7,637		0.3524  GBP
4 2/7 p ordinary		Purchase		5,095		0.3407  GBP
4 2/7 p ordinary		Purchase		3,582		0.3520  GBP
4 2/7 p ordinary		Purchase		1,615		0.3534  GBP
4 2/7 p ordinary		Purchase		1,440		0.3384  GBP
4 2/7 p ordinary		Purchase		1,339		0.3502  GBP
4 2/7 p ordinary		Purchase		1,144		0.3356  GBP
4 2/7 p ordinary		Purchase		1,143		0.3512  GBP
4 2/7 p ordinary		Purchase		995		0.3522  GBP
4 2/7 p ordinary		Purchase		881		0.3550  GBP
4 2/7 p ordinary		Purchase		505		0.3516  GBP
4 2/7 p ordinary		Purchase		25		0.3544  GBP
4 2/7 p ordinary		Sale		2,443,029		0.3463  GBP
4 2/7 p ordinary		Sale		495,441		0.3470  GBP
4 2/7 p ordinary		Sale		423,356		0.3532  GBP
4 2/7 p ordinary		Sale		400,314		0.3477  GBP
4 2/7 p ordinary		Sale		375,090		0.3472  GBP
4 2/7 p ordinary		Sale		223,529		0.3584  GBP
4 2/7 p ordinary		Sale		89,750		0.3464  GBP
4 2/7 p ordinary		Sale		66,983		0.3489  GBP
4 2/7 p ordinary		Sale		49,649		0.3409  GBP
4 2/7 p ordinary		Sale		43,306		0.3405  GBP
4 2/7 p ordinary		Sale		31,701		0.3436  GBP
4 2/7 p ordinary		Sale		30,683		0.3352  GBP
4 2/7 p ordinary		Sale		30,432		0.3492  GBP
4 2/7 p ordinary		Sale		23,440		0.3553  GBP
4 2/7 p ordinary		Sale		13,608		0.3375  GBP
4 2/7 p ordinary		Sale		11,161		0.3524  GBP
4 2/7 p ordinary		Sale		7,614		0.3334  GBP
4 2/7 p ordinary		Sale		6,733		0.3456  GBP
4 2/7 p ordinary		Sale		6,599		0.3488  GBP
4 2/7 p ordinary		Sale		4,595		0.3484  GBP
4 2/7 p ordinary		Sale		4,002		0.3526  GBP
4 2/7 p ordinary		Sale		3,844		0.3590  GBP
4 2/7 p ordinary		Sale		2,475		0.3460  GBP
4 2/7 p ordinary		Sale		2,436		0.3338  GBP
4 2/7 p ordinary		Sale		2,064		0.3368  GBP
4 2/7 p ordinary		Sale		1,344		0.3276  GBP
4 2/7 p ordinary		Sale		1,339		0.3502  GBP
4 2/7 p ordinary		Sale		1,144		0.3356  GBP
4 2/7 p ordinary		Sale		1,000		0.3626  GBP
4 2/7 p ordinary		Sale		25		0.3544  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
4 2/7 p ordinary		SWAP		Increasing Long		7,614	0.3334  GBP
4 2/7 p ordinary		SWAP		Increasing Long		495,441	0.3470  GBP
4 2/7 p ordinary		SWAP		Increasing Long		375,090	0.3472  GBP
4 2/7 p ordinary		SWAP		Increasing Long		45,117	0.3489  GBP
4 2/7 p ordinary		SWAP		Increasing Long		12,575	0.3490  GBP
4 2/7 p ordinary		SWAP		Increasing Long		215,912	0.3590  GBP
4 2/7 p ordinary		SWAP		Decreasing Long		229,617	0.3435  GBP
4 2/7 p ordinary		SWAP		Decreasing Long		40,721	0.3466  GBP
4 2/7 p ordinary		SWAP		Decreasing Long		81,545	0.3471  GBP
4 2/7 p ordinary		SWAP		Decreasing Long		179,227	0.3500  GBP
4 2/7 p ordinary		SWAP		Decreasing Long		168,223	0.3590  GBP
4 2/7 p ordinary		SWAP		Decreasing Long		406	0.3636  GBP
4 2/7 p ordinary		CFD		Increasing Long		955,105	0.3400  GBP
4 2/7 p ordinary		CFD		Increasing Long		17,286	0.3427  GBP
4 2/7 p ordinary		CFD		Increasing Long		26,712	0.3452  GBP
4 2/7 p ordinary		CFD		Increasing Long		9,025	0.3590  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person 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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				YES
Date of disclosure:				28 Feb 2025
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO
PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the "Code")
1.				KEY INFORMATION
Identity of the person whose positions/dealings				Barclays PLC.
are being disclosed:
Name of offeror/offeree in relation to whose				WOOD GROUP (JOHN) PLC
relevant securities this from relates:
2.				OPTIONS AND DERIVATIVES
Class of relevant security	Product description	Writing, purchasing, selling, varying etc	Number of securities to which option relates	Exercise price per unit	Type	Expiry date
4 2/7 p ordinary	Call Options	Written	-1,170,340	1.7390	European	08 May 2025
4 2/7 p ordinary	Call Options	Written	-488,026	1.1632	European	12 Feb 2026
3.				AGREEMENTS TO PURCHASE OR SELL ETC.
Full details should be given so that the nature of the interest or position can be fully understood:

 

END