Vanguard Discloses Ownership in Wood Group (John) plc

The Vanguard Group, Inc. has reported its latest holdings in Wood Group (John) plc as per the regulatory requirements stated in Rule 8.3 of the Takeover Code. On 13 May 2024, Vanguard disclosed owning 33,032,743 shares, corresponding to 4.77% of the company. This disclosure coincides with recent transactions where Vanguard purchased 11,922 shares and sold 9,311 shares at a price of 2.00 GBP per share.

There were no cash-settled derivatives or stock-settled derivatives reported in this latest filing. Additionally, Vanguard has not entered into any indemnity, option arrangements, or agreements concerning the voting rights or sale of these securities, indicating no further financial instruments or strategic dealings affecting this stake beyond the straightforward share ownership and recent transactions reported.