RE: Cid are desperate to get Wood - 60p minimum23 Sep 2025 09:01
Just received this.
Wood Group (John) Plc â Scheme of Arrangement
Sidara Limited, an entity controlled by Dar Al-Handasah Consultants Shair and Partners Holdings Ltd have made an offer to buy Wood Group (John) Plc for 30p cash per share.
Shareholders will vote on the scheme at meetings on 12 November 2025.
How to find out more and vote
You can vote on whether the takeover goes ahead online:
Log in online at hl.co.uk
Select âview shareholder meetingsâ which youâll find under the link to your secure messages
Click the âgive instructionâ link next to the relevant shareholder meeting(s) and follow the instructions.
Youâll need to do this before 7pm on Thursday 6 November 2025 so your vote can be passed onto the company before the shareholder meetings. If youâve recently bought shares, it will take 2-3 days for you to be able to vote on these.
Weâre not able to accept instructions via the HL app.
The takeover also needs court approval at a hearing on a date expected to be in the first half of 2026. If approved, the offer will complete in the first half of 2026. The exact date hasnât been set yet but weâll contact you with an update following the vote.
This correspondence is a summary of the official document. It is not personal advice. You can read the full announcement at https://www.woodplc.com/investors/pages/sidara-proposal-2025
If you need help, please contact us. Please note, we can provide factual assistance but cannot provide advice about any action you should take.
If your circumstances mean you'd like some extra support, or you have specific accessibility needs, there are lots of ways we can help. Visit www.hl.co.uk/support or call us on 0117 900 9000 to find out more.
Yours sincerely
Corporate Actions Team
Hargreaves Lansdown