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John Wood Group PLC (Wood) agreed to extend temporary waivers under its committed debt facilities to 31 August 2025, from a previous expiry of 31 July 2025. This agreement follows Wood's 28 July 2025 announcement which included an extension for Dar Al-Handasah Consultants Shair and Partners Holdings Ltd to make an offer decision by 5.00pm on 25 August 2025.
| Date | 31 Jul 2025 |
| Time | 09:45:28 |
| Category | Corporate updates |
| ID | 3848T |
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 Refinancing1 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 20252, 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.