The Vanguard Group, Inc. Discloses Position in Wood Group (John) plc

The Vanguard Group, Inc. has filed a Form 8.3 under the Takeover Code, revealing its interest in Wood Group (John) plc. As of July 12, 2024, Vanguard owns and/or controls 34,955,556 ordinary shares of Wood Group, representing approximately 5.05% of the company's relevant securities.

The disclosure also noted recent transactions involving ordinary shares. On two occasions, Vanguard purchased 82,005 shares at 1.99 GBP per unit and 75,260 shares at 2.03 GBP per unit. No derivative positions or other dealing arrangements were reported. Additionally, there are no agreements or understandings related to options or derivatives that affect voting rights.

This disclosure falls under Rule 8.3 of the Takeover Code, which mandates transparency for entities holding 1% or more of relevant securities in an offeror or offeree company.