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MORGAN STANLEY

Major Shareholding Notification Jan 12, 2026

29766_rns_2026-01-12_c41e8f8f-51dd-4440-b74d-06dd81f07441.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 5163O

Morgan Stanley & Co. Int'l plc

12 January 2026

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader: Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree
John Wood Group plc
(c) Name of the party to the offer with which exempt principal trader is connected: John Wood Group plc
(d) Date dealing undertaken: 09 January 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

     If it is a cash offer or possible cash offer, state "N/A"
N/A

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received
4 2/7 p ordinary PURCHASES 346,944 0.2441 GBP 0.2416 GBP
4 2/7 p ordinary SALES 321,424 0.2450 GBP 0.2416 GBP

(b)        Cash-settled derivative transactions

Class of relevant security Product description

e.g. CFD
Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities Price per unit
4 2/7 p ordinary CFD increasing a long position 5,349 0.2440 GBP
4 2/7 p ordinary CFD increasing a short position 4,961 0.2424 GBP
4 2/7 p ordinary CFD reducing a long position 9,282 0.2420 GBP
4 2/7 p ordinary CFD reducing a long position 700 0.2422 GBP
4 2/7 p ordinary CFD reducing a long position 11,683 0.2427 GBP
4 2/7 p ordinary CFD reducing a long position 9,974 0.2428 GBP
4 2/7 p ordinary CFD reducing a long position 11,273 0.2429 GBP
4 2/7 p ordinary CFD reducing a long position 1,537 0.2440 GBP
4 2/7 p ordinary CFD reducing a long position 1,831 0.2440 GBP
4 2/7 p ordinary CFD reducing a short position 21,313 0.2450 GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type

e.g. American, European etc.
Expiry date Option money paid/ received per unit
N/A N/A N/A N/A N/A N/A N/A N/A

(ii)        Exercise

Class of relevant security Product description

e.g. call option
Exercising/ exercised against Number of securities Exercise price per unit
N/A N/A N/A N/A N/A

(d)        Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing

e.g. subscription, conversion
Details Price per unit (if applicable)
N/A N/A N/A N/A

3.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"
NONE

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"
NONE
###### Date of disclosure: 12 January 2026
###### Contact name: Claire Gordon
###### Telephone number: +44 141 245-8893

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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END

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