Vanguard's Disclosure on Wood Group Stake

The Vanguard Group, Inc. disclosed a significant position in Wood Group (John) plc, detailed in their Form 8.3 submission. As of March 17, 2025, Vanguard holds 5.15% of relevant securities in Wood Group, totaling 35,660,577 shares. The report highlights recent transactions, with Vanguard purchasing 13,568 securities at 0.42 GBP and selling 21,049 securities at the same price.

The disclosure is part of a requirement under Rule 8.3 of the Takeover Code, concerning a person holding 1% or more in relevant securities. No new derivative positions or agreements were reported. There are also no formal or informal agreements related to securities voting rights or future acquisition plans.

This transparency reflects the regulatory demand for openness in securities holdings, specifically related to potential acquisition targets like Wood Group.