Vanguard Announces Stake in Wood Group (John) plc

The Vanguard Group, Inc. has publicly disclosed its significant stake in Wood Group (John) plc, as per the latest Form 8.3 filed on May 9, 2024. The filing reveals Vanguard holds a 4.77% interest in the company, represented by 33,027,168 ordinary shares. This disclosure was mandated under Rule 8.3 of the Takeover Code, requiring anyone with interests in relevant securities representing more than 1% to report their position.

The document specified that the position held by Vanguard was effective as of May 8, 2024. No dealings, derivative transactions, or other relevant security dealings were reported in this disclosure, indicating a static position by Vanguard. The disclosure process involves no indemnity, option arrangements, or any agreements influencing trading decisions related to Wood Group (John) plc securities. Shawn Acker, the listed contact for the disclosure, represents The Vanguard Group's compliance with the required reporting under the financial regulations.