Annonce • Mar 10

Dar Al-Handasah Consultants Shair and Partners Holdings Limited completed the acquisition of John Wood Group PLC (LSE:WG.).

Dar Al-Handasah Consultants Shair and Partners Holdings Limited proposed to acquire John Wood Group PLC (LSE:WG.) for approximately £250 million on February 24, 2025. Dar Al-Handasah Consultants Shair and Partners Holdings Limited entered into an agreement to acquire John Wood Group PLC (LSE:WG.) on August 29, 2025. A cash consideration will be paid by Dar Al-Handasah Consultants Shair and Partners Holdings Limited. The Board of Wood has received a holistic non-binding conditional proposal from Sidara, possible offer of £0.35 per Wood share in cash to acquire the entire issued and to be issued share capital of the Company, a possible capital injection from Sidara to Wood and Wood seeking an extension of, and certain other amendments to, its existing committed debt facilities. In accordance with Rule 2.6(a) of the Code, Sidara is required, by March 24, 2025, to either announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for the Company. As of March 24, 2025, Discussions are continuing and the Board of Wood has therefore requested, and the Panel has consented to, an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. Such announcement must now be made by not later than on April 17, 2025. This deadline can be further extended with the agreement of the Board of Wood and the consent of the Panel in accordance with Rule 2.6(c) of the Code. Accordingly, the Board of Wood has indicated to Sidara that, should an Offer be made on the terms set out above, it would be minded to recommend the Offer to Wood's shareholders, subject to agreement of the full terms and conditions of the Offer. If the Offer does not complete as a result of any antitrust or regulatory approval not being obtained, the initial tranche under the Sidara Liquidity Arrangements would not be affected and would remain in place until its maturity date. The announcement by Sidara of any firm offer for Wood under Rule 2.7 of the Code (an "Offer") is subject to the satisfaction or waiver of certain pre-conditions, including i.e, legally binding agreement(s) in a form satisfactory to Sidara being entered into in respect of the Debt Modifications and the Sidara Liquidity Arrangements, the unanimous recommendation of such Offer by the Wood Board of Directors and irrevocable undertakings from such directors who hold Wood shares to vote in favour of the Offer, completion of Sidara's due diligence; and final approval of the Sidara Board of Directors. As of April 14, 2025, Sidara has confirmed to the Board of Wood that, if the Offer is made, it intends to commit to Wood that it will take all required, necessary or advisable steps to satisfy all antitrust and regulatory conditions to the Offer, subject to certain limited carve-outs in the case of regulatory approvals and the board of Wood believes that the company needs to have a more sustainable capital structure, and this requires substantial new capital in order to diversify Wood’s financing sources and reduce its indebtedness over time. On April 17, 2025, The Board of Wood has therefore requested, and the Panel has consented to, an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement would be treated as a statement to which Rule 2.8 of the Code applies. Such announcement must now be made by not later than 5.00 pm on May 15, 2025. This deadline can be further extended with the agreement of the Board of Wood and the consent of the Panel in accordance with Rule 2.6(c) of the Code. As of May 15, 2025, The Board of Wood has therefore requested, and the Panel has consented to, an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood now be made by not later than 5.00 pm on June 12, 2025. As of June 13, 2025, The Board of Wood has therefore requested, and the Panel has consented to, an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood now be made by not later than 5.00 pm on June 30, 2025. As of July 28, 2025, The Board of Wood has therefore requested, and the Panel has consented to, an extension to the date by which Sidara is required either to announce a firm intention to make an offer for Wood in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer, in which case the announcement would be treated as a statement to which Rule 2.8 of the Code applies. Sidara has confirmed that it has continued to make further significant progress with its due diligence on Wood. On August 23, 2025, Sidara informed the Board of Wood in writing that it is committed to making an offer to acquire the entire issued and to be issued share capital of Wood, once the remaining pre-conditions have been satisfied, but that, having completed its due diligence, any offer would be at a reduced price of 30 pence in cash per Wood share (the "Reduced Possible Offer"). The Board has evaluated the Reduced Possible Offer with its financial advisers and concluded that it is at a value that the Board would be minded to recommend to Wood shareholders, should a firm intention to make an offer pursuant to Rule 2.7 of the Code be announced on such financial terms, subject to the agreement of all other terms and conditions of an offer. As of August 28, 2025, The Board has evaluated the Reduced Possible Offer with its financial advisers and concluded that it is at a value that the Board would be minded to recommend to Wood shareholders. The Board of Wood has therefore requested, and the Panel has consented to, an extension to the date by which Sidara 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. Such announcement must now be made by not later than 5.00pm on Friday August 29, 2025. In the meantime, shareholders are not required to take any action in relation to the Possible Offer. As of August 29, 2025, The Acquisition is expected to complete in the first half of 2026. The deal is subject to court approval. The acquisition will be funded from debt financing. As of November 17, 2025 Dar Al-Handasah Consultants Shair and Partners Holdings Limited received approval from the requisite majority of shareholders of John Wood Group. As on December 4, 2025, Wood is pleased to announce that all outstanding conditions precedent under the A&E Implementation Deed, the Sidara Interim Funding Agreement and the Escrow Agreement have been satisfied and the A&E Effective Date occurred on December 3, 2025. Wood and Sidara have made significant progress towards satisfaction of the Antitrust Conditions and Regulatory Conditions to the Acquisition, The parties are continuing to work towards satisfaction of the remaining Conditions and, subject to satisfaction (or, where applicable, waiver) of such Conditions and the sanction of the Scheme by the Court, completion of the Acquisition is expected to occur in the first half of 2026. Antitrust Conditions and Regulatory Conditions are fulfilled. The acquisition is expected to happen on March 10, 2026. Allen Overy Shearman & Sterling LLP is acting as legal adviser to Dar Al-Handasah Consultants Shair and Partners Holdings Limited. Jan Skarbek and David Fudge of Europa Partners, Richard Perelman and Charles Oakes of J.P. Morgan Cazenove, Tom Perry and Alex Smart of Morgan Stanley and John Deans and Paul Duffy of N.M. Rothschild & Sons Limited acted as legal advisor to John Wood Group PLC. Dar Al-Handasah Consultants Shair and Partners Holdings Limited completed the acquisition of John Wood Group PLC (LSE:WG.) on March 10, 2026. Court sanctioned the scheme on March 6, 2026.

Pourcentage du salaire du PDG	n/a
Durée du mandat du directeur général	less than a year
Propriété du PDG	n/a
Durée moyenne d'occupation des postes de direction	less than a year
Durée moyenne du mandat des membres du conseil d'administration	5.8yrs

Nom	Position	Titularisation	Compensation	Propriété
Iain Torrens	CEO & Executive Director	less than a year	pas de données	pas de données
Jade Moore	Group Chief Financial Officer	less than a year	pas de données	pas de données
Steve Nicol	Executive President of Operations	3.1yrs	pas de données	pas de données
Simon McGough	President of Investor Relations	no data	pas de données	pas de données
John Habgood	Group General Counsel & Company Secretary	1.3yrs	pas de données	pas de données
Catherine Liebnitz	Chief Human Resources Officer	less than a year	pas de données	pas de données
Jesse C. Stanley	President of Operations - Americas	1.9yrs	pas de données	pas de données
Nick Shorten	Executive President of Consulting & Projects	less than a year	pas de données	pas de données
Darren Anderson	Senior Vice President of UK Operations	less than a year	pas de données	pas de données
William Setter	Group Financial Controller	no data	pas de données	pas de données

Nom	Position	Titularisation	Compensation	Propriété
Iain Torrens	CEO & Executive Director	1.1yrs	pas de données	pas de données
Roy Franklin	Independent Chairman of the Board	8.4yrs	US$381.10k	0.011% $ 29.2k
Nigel Mills	Senior Independent Director	5.8yrs	US$93.40k	0.0011% $ 2.9k
Paul O'Donnell	Independent Non-Executive Director	less than a year	pas de données	pas de données
Birgitte Madsen	Independent Non-Executive Director	6yrs	US$77.75k	0.0014% $ 4.0k

Données	Dernière mise à jour (heure UTC)
Analyse de l'entreprise	2026/03/09 10:15
Cours de l'action en fin de journée	2026/03/09 00:00
Les revenus	2025/06/30
Revenus annuels	2024/12/31

Paquet	Données	Cadre temporel	Exemple de source américaine ^*
Finances de l'entreprise	10 ans	Compte de résultat Tableau des flux de trésorerie Bilan	Formulaire 10-K de la SEC Formulaire 10-Q de la SEC
Estimations consensuelles des analystes	+3 ans	Prévisions financières Objectifs de prix des analystes	Rapports de recherche des analystes Blue Matrix
Prix du marché	30 ans	Cours des actions Dividendes, scissions et actions	Données de marché ICE Formulaire S-1 de la SEC
Propriété	10 ans	Actionnaires principaux Délits d'initiés	Formulaire 4 de la SEC Formulaire 13D de la SEC
Gestion	10 ans	L'équipe dirigeante Conseil d'administration	Formulaire 10-K de la SEC Formulaire SEC DEF 14A
Principaux développements	10 ans	Annonces de l'entreprise	Formulaire 8-K de la SEC

Analyste	Institution
Michael Pickup	Barclays
Richard Dawson	Berenberg
Henry Tarr	Berenberg

This company has been acquired

John Wood Group Gestion

Gestion contrôle des critères 1/4

Informations clés

Mises à jour récentes de la gestion

John Wood Group PLC Announces Board and Committee Changes

John Wood Group PLC, Annual General Meeting, Jun 18, 2025

John Wood Group plc Appoints Iain Torrens as Interim Chief Financial Officer

John Wood Group PLC Announces Resignation of Arvind Balan as Chief Financial Officer

Wood Group (John) PLC Appoints Jennifer Richmond as Chief Strategy Officer

John Wood Group plc Appoints Catherine Michel as Non-Executive Director on 10 May 2024

Recent updates

Dar Al-Handasah Consultants Shair and Partners Holdings Limited completed the acquisition of John Wood Group PLC (LSE:WG.).

UI Telecoms & Power Holdco Limited completed the acquisition of Wood Transmission And Distribution Limited from John Wood Group PLC (LSE:WG.).

UI Telecoms & Power Holdco Limited entered into an agreement to acquire Wood Transmission And Distribution Limited from John Wood Group PLC (LSE:WG.) for £57.5 million.

John Wood Group PLC Announces Board and Committee Changes

Applications to Be Made to the London Stock Exchange to Cancel Trading in Wood Shares on the Main Market and to the FCA to Cancel the Listing of Wood Shares

John Wood Group PLC Announces Update on Possible Offer and PUSU Extension

John Wood Group PLC(LSE:WG.) dropped from FTSE All-Share Index (GBP)

John Wood Group PLC, Annual General Meeting, Jun 18, 2025

John Wood Group PLC(LSE:WG.) dropped from FTSE 250 Index

John Wood Group plc Appoints Iain Torrens as Interim Chief Financial Officer

Dar Al-Handasah Consultants Shair and Partners Holdings Limited proposed to acquire John Wood Group PLC (LSE:WG.).

Dar Al-Handasah Consultants Shair and Partners Holdings Announces Statement Regarding Possible Cash Offer for the Entire Issued Share Capital of John Wood

John Wood Group PLC Announces Resignation of Arvind Balan as Chief Financial Officer

OEP Capital Advisors, L.P. completed the acquisition of Ethos Energy Group Limited from John Wood Group PLC (LSE:WG.) and Siemens Aktiengesellschaft (XTRA:SIE).

OEP Capital Advisors, L.P. entered into an agreement to acquire Ethos Energy Group Limited from John Wood Group PLC (LSE:WG.) and Siemens Energy Global GmbH & Co. KG.

Dar Al-Handasah Consultants Shair and Partners Holdings Limited cancelled the acquisition of John Wood Group PLC (LSE : WG.).

Sidara Walks Away from Possible Takeover of John Wood

Sidara Gets Further Deadline Extension for John Wood Offer

John Wood Group Announces Further Statement Regarding Final Proposal and Extension to Put Up or Shut Up Deadline

Dar Al-Handasah Consultants Shair and Partners Submits its Fourth Proposal to John Wood Group Regarding a Possible Cash Offer to Acquire the Entire Share Capital

Dar Al-Handasah Consultants Shair and Partners Holdings Limited cancelled the acquisition of John Wood Group PLC (LSE : WG.) for £1.5 billion.

Wood Group (John) PLC Appoints Jennifer Richmond as Chief Strategy Officer

John Wood Group plc Appoints Catherine Michel as Non-Executive Director on 10 May 2024

Sparta Capital Management Urges John Wood Group to List in U.S. or Explore Sale

Wood Hires New Houston-Based Americas President of Operations

John Wood Group plc Appoints David Lockwood Obe as A Non-Executive Director on 12 March 2024

John Wood Group PLC Announces New Executive Leadership Appointments, Effective on January 2, 2024

John Wood Group plc Announces the Stepping Down of Jacqui Ferguson from the Board, Effective 9 May 2024

John Wood Group PLC to Report First Half, 2024 Results on Aug 20, 2024

John Wood Group plc Provides Earnings Guidance for the Full Year 2023

John Wood Group PLC Provides Revenue Guidance for the Full Year 2023

Apollo Global Management, Inc. (NYSE:APO) cancelled the acquisition of John Wood Group PLC (LSE:WG.).

John Wood Group PLC Provides Earnings Guidance for the Year Ended December 31, 2022

John Wood Group PLC to Report Fiscal Year 2022 Results on Mar 28, 2023

PDG

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Membres du conseil d'administration

Analyse de l'entreprise et données financières

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Indicateurs de l'industrie et du secteur

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