REG - Wood Group (John)PLC - Temporary waivers extension and lender engagement

John WoodAnnouncement

Thu 10:00

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RNS Number : 3848T  Wood Group (John) PLC  31 July 2025

31 July 2025

 

John Wood Group PLC ("Wood" or the "Company")

 

Extension of temporary waivers and lender engagement

 

Further to the Company's announcement on 28 July 2025, where Wood announced
progress on the Proposed Refinancing(1) and an extension to the date by which
Dar Al-Handasah Consultants Shair and Partners Holdings Ltd is required either
to announce a firm intention to make an offer for Wood or to announce that it
does not intend to make an offer until 5.00pm on 25 August 2025(2), Wood has
now agreed extensions to the temporary waivers under its committed debt
facilities (initially valid through to 30 April 2025, extended to 30 June 2025
and further extended to 31 July 2025) to 31 August 2025.

 

 

For further information:

Simon McGough, President, Investor Relations
      +44 (0)7850 978 741

Alex Le May / Ariadna Peretz, FTI Consulting
           +44 (0)20 3727 1340

 

The person responsible for arranging the release of this announcement on
behalf of Wood is John Habgood, Company Secretary.

 

Notes

1.    As defined in the announcement of 28 July 2025.

2.    As set out in the announcement of 28 July 2025.

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