Last checked at 27 Feb 2023 09:39
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
(a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
(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 |
(c) Name of the party to the offer with which exempt principal trader is connected: | John Wood Group plc |
(d) Date dealing undertaken: | 24 February 2023 |
(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
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
4p ordinary | SALES | 978,138 | 2.0010 GBP | 1.9395 GBP |
4p ordinary | PURCHASES | 860,278 | 2.0020 GBP | 1.9355 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 | CFD | increasing a long position | 1,288 | 1.9428 GBP |
4p ordinary | CFD | increasing a long position | 19,238 | 1.9470 GBP |
4p ordinary | CFD | increasing a long position | 4,089 | 1.9475 GBP |
4p ordinary | CFD | increasing a long position | 53,793 | 1.9508 GBP |
4p ordinary | CFD | increasing a long position | 981 | 1.9514 GBP |
4p ordinary | CFD | increasing a long position | 40,195 | 1.9539 GBP |
4p ordinary | CFD | increasing a long position | 4,650 | 1.9581 GBP |
4p ordinary | CFD | increasing a long position | 4,999 | 1.9627 GBP |
4p ordinary | CFD | increasing a long position | 12,553 | 1.9629 GBP |
4p ordinary | CFD | increasing a long position | 138,410 | 1.9647 GBP |
4p ordinary | CFD | increasing a long position | 16,731 | 1.9647 GBP |
4p ordinary | CFD | increasing a long position | 3,266 | 1.9712 GBP |
4p ordinary | CFD | increasing a short position | 5,500 | 1.9472 GBP |
4p ordinary | CFD | increasing a short position | 7,000 | 1.9527 GBP |
4p ordinary | CFD | increasing a short position | 131,353 | 1.9914 GBP |
4p ordinary | CFD | increasing a short position | 3,193 | 1.9925 GBP |
4p ordinary | CFD | increasing a short position | 58,644 | 2.0177 GBP |
4p ordinary | CFD | reducing a long position | 23,417 | 1.9470 GBP |
4p ordinary | CFD | reducing a long position | 933 | 1.9470 GBP |
4p ordinary | CFD | reducing a long position | 76,894 | 1.9472 GBP |
4p ordinary | CFD | reducing a long position | 85,089 | 1.9531 GBP |
4p ordinary | CFD | reducing a long position | 17,623 | 1.9568 GBP |
4p ordinary | CFD | reducing a long position | 21,800 | 1.9581 GBP |
4p ordinary | CFD | reducing a long position | 7,900 | 1.9581 GBP |
4p ordinary | CFD | reducing a long position | 13,484 | 1.9590 GBP |
4p ordinary | CFD | reducing a long position | 1,318 | 1.9599 GBP |
4p ordinary | CFD | reducing a long position | 14,865 | 1.9599 GBP |
4p ordinary | CFD | reducing a long position | 220 | 1.9599 GBP |
4p ordinary | CFD | reducing a long position | 2,438 | 1.9599 GBP |
4p ordinary | CFD | reducing a long position | 444 | 1.9599 GBP |
4p ordinary | CFD | reducing a long position | 86 | 1.9600 GBP |
4p ordinary | CFD | reducing a long position | 69 | 1.9600 GBP |
4p ordinary | CFD | reducing a long position | 17 | 1.9601 GBP |
4p ordinary | CFD | reducing a long position | 56,274 | 1.9658 GBP |
4p ordinary | CFD | reducing a long position | 12,106 | 1.9679 GBP |
4p ordinary | CFD | reducing a long position | 1,681 | 1.9685 GBP |
4p ordinary | CFD | reducing a long position | 1,570 | 1.9685 GBP |
4p ordinary | CFD | reducing a long position | 47,154 | 1.9803 GBP |
4p ordinary | CFD | reducing a short position | 9,580 | 1.9468 GBP |
4p ordinary | CFD | reducing a short position | 10,872 | 1.9470 GBP |
4p ordinary | CFD | reducing a short position | 18,893 | 1.9470 GBP |
4p ordinary | CFD | reducing a short position | 212,438 | 1.9470 GBP |
4p ordinary | CFD | reducing a short position | 3,193 | 1.9475 GBP |
4p ordinary | CFD | reducing a short position | 29,718 | 1.9719 GBP |
4p ordinary | CFD | reducing a short position | 14,402 | 1.9723 GBP |
4p ordinary | CFD | reducing a short position | 37,000 | 1.9833 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
N/A | N/A | N/A | N/A |
3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
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" |
NONE
|
| Date of disclosure: | 27 February 2023 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
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.