RNS Number : 9389Y
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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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