on The Vanguard Group, Inc. (isin : US12572Q1058)
The Vanguard Group's Position on Wood Group (John) plc Revealed
The Vanguard Group, Inc. has disclosed its position in Wood Group (John) plc as of 28 May 2024. This disclosure adheres to Rule 8.3 of the Takeover Code, requiring transparency from individuals with interests in relevant securities accounting for 1% or more.
The group currently holds 33,297,548 ordinary shares, representing 4.81% of Wood Group's 4 2/7p ordinary shares. This substantial holding is significant given the ongoing market dynamics around Wood Group.
Additionally, Vanguard purchased 39,614 of Wood Group's 4 2/7p ordinary shares at a unit price of 1.90 GBP, further solidifying its position. No cash-settled or stock-settled derivatives, or any other securities, are currently held or traded by the group.
No indemnity, agreement, or arrangement related to these securities is reported. This clear disclosure aims to maintain transparency around Vanguard's stake and its strategic positioning within Wood Group (John) plc.
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