The Vanguard Group Discloses Stake in Wood Group (John) plc

The Vanguard Group, Inc. has filed a Form 8.3, revealing its interests in Wood Group (John) plc. As of 30 May 2024, Vanguard holds 33,422,633 shares, representing 4.83% of Wood Group's ordinary shares. This disclosure was made under Rule 8.3 of the Takeover Code, which mandates transparency for parties with significant stakes in relevant securities.

The filing also notes that on 31 May 2024, Vanguard purchased 113,865 ordinary shares of Wood Group at a price of £1.87 per unit. No cash-settled or stock-settled derivatives, or other agreements affecting Wood Group's securities, were reported by Vanguard. Furthermore, no indemnity or other informal arrangements related to these securities exist.

Vanguard's position in Wood Group, including the latest transactions, underscores its active involvement in the financial markets while adhering to regulatory requirements. For further details, interested parties can contact Shawn Acker at the provided number.