Member Info for Rock8

I believe Sparta the activist shareholder that opposed the BoD after they rejected last years offers is still at 3.89% only slightly down?

Correct?

91 UK Ltd are sellers

Now down to 3.39% 23.5m shares but 8m of the 23.5m don’t have voting rights.

Lent to shorts?

hTTps://www.lse.co.uk/rns/WG./form-83-wood-group-john-plc-ga1ze8yi277duor.html

Longfell

Yes very possible but I don’t agree about an extension.

Everything I have read and all the advice taken tells me they (FCA) can’t and won’t agree to it with the suspension?

Anyway 3 days to go and I watch if they finally close?

Certainly worth monitoring

I don’t but they are usually closed anyway this close to a bid deadline.

Especially when they are already in profit - Large profits

My only thought is many of these shorts have been there since last year so opened at over 100p so maybe they are less concerned about a bid 65-80p?

But even so they should have reduced but haven’t

Here you go a working link

hTTps://shorttracker.co.uk/company/GB00B5N0P849/

Understand but these shorts have been in place for many months and are not the shorts you are referring to.

It’s a concern.

Disclosed positions in WOOD GROUP (JOHN) PLC (WG.)

Fund % short change Date changed

Cubist Systematic Strategies, LLC 0.50% 0.01% 2 Apr 2025

D. E. Shaw & Co. LP 1.47% 0.19% 25 Feb 2025

Marshall Wace LLP 1.78% -0.05% 8 Apr 2025

Walleye Capital LLC 1.21% 0.06% 27 Mar 2025

Total 4.96%

The main cloud on the horizon - Short positions.

I was expecting shorts to at least reduce but even Mr Market still not embracing a bid although he has 3 days to take the price up? However 3 days not enough time to make a meaningful attempt to reduce the short positions.

Official shorts above 0.5% stands at 4.96%.

No real signs of movement.

Looks like they are betting against a bid?

91 and Border to Coast sold just over 2.6m yesterday.

Looks like they are going to?

How can you have an extension beyond 30th April as the company have warned of possible suspension with no definite end date - You can’t.

So only extension could be until 30th but for what reason?

Extension unlikely IMHO.

Someone would rather a controlled ascent

Someone flooding the sell side to keep it down for now.

Advfn fine

Lots of resistance on sell side at 26p

75%

Thanks BlueBoy25

Yes 91 LTD had 5.0% on 27th Mar and now down to 3.7% yesterday.

Not good news.

Please post if you notice others as I originally missed it.

Which institutions, how much and when?

Assume you have the data to hand so please post.

Thanks

US Futures turned positive

It’s likely too late for stop losses will be marked down from open.

It theory goes back to Monday’s pricing.