RE: Sidara buying6 Mar 2025 07:17
I am useless with these forms so used AI and it gave me this answer:
This document is basically saying: "Dar Al-Handasah wants to buy John Wood Group. As of March 5th, 2025, Dar Al-Handasah itself doesn't own any shares in Wood Group. However, someone working with them, Neil Bruce (and his relative Emma Griffin), owns a very, very small number of shares in Wood Group. Everything is above board, and there are no secret deals."
This public disclosure is a way to keep the takeover process transparent and ensure everyone knows who owns what before the offer is made.