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LONDON - The Financial Conduct Authority (FCA) has announced the temporary suspension of Wood Group (John) PLC’s ordinary shares from the Official List, effective today at 7:30 AM. The move comes at the request of the company itself, with the securities in question being ordinary shares of 4 2/7p each, fully paid, and listed under the ISIN GB00B5N0P849.
The suspension is in accordance with the regulatory procedures and affects the company’s listing on the London Stock Exchange (LON:LSEG), where it is a recognized Investment Exchange. The SEDOL number, which is a Stock Exchange identifier provided by the London Stock Exchange, can be found on their dealing notice.
While the FCA has issued this notice concerning the suspension from the Official List, it should be read alongside any statements from the relevant Recognised Investment Exchange regarding the admission of securities to trading on its markets. The FCA is authorized by the United Kingdom (TADAWUL:4280) to act as a Primary Information Provider, and its notices are critical for investors and market participants.
The temporary suspension of trading is a significant event for shareholders and potential investors, as it halts all trading of Wood Group’s shares on the exchange. The reasons for the company’s request for suspension have not been disclosed in the notice.
Wood Group, known for providing a range of services to the energy sector, has not issued any further statements regarding the suspension at the time of this report. The duration of the suspension and the conditions for its lifting are also currently unknown.
Investors holding shares in Wood Group will be unable to trade their shares on the London Stock Exchange during the suspension period. The impact of the suspension on the company’s market performance and investor relations will be closely monitored by stakeholders.
This report is based on a press release statement from the London Stock Exchange’s Regulatory News Service.
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