Vanguard Reports Ownership in Wood Group (John) plc

The Vanguard Group, Inc. disclosed its ownership of interests in Wood Group (John) plc. As of May 15, 2024, The Vanguard Group holds a total of 33,094,720 shares, equating to a 4.78% stake in the company. These details were released in compliance with Rule 8.3 of the Takeover Code, which mandates the disclosure of interests by any entity holding over 1% of a company’s relevant securities.

In addition to the public disclosure, Vanguard also reported the recent purchase of 44,025 ordinary shares of Wood Group at a price of 1.86 GBP per unit. No derivatives, either cash or stock-settled, were reported in the filing, indicating a straightforward equity holding. The disclosure confirms Vanguard's increased investment in Wood Group (John) plc without any associated derivative transactions or rights to acquire new securities.