Further to the announcement by John Wood Group PLC and Amec Foster Wheeler plc on 13 March 2017, relating to the recommended all-share offer by Wood Group for Amec Foster Wheeler to be effected by means of a scheme of arrangement under Part 26 of the Companies Act 2006, Wood Group and Amec Foster Wheeler have announced that the Scheme has become effective in accordance with its terms, following the sanction of the Scheme by the High Court of Justice in England and Wales on 5 October 2017, and the delivery of the court order to the Registrar of Companies on 6 October 2017. The entire issued ordinary share capital of Amec Foster Wheeler is now owned by Wood Group.

Amec Foster Wheeler also announces that it has now cancelled 3,158,310 ordinary shares, which it held as treasury shares

Furthermore, John Connolly, Jonathan Lewis, Ian McHoul, Colin Day, Linda Adamany, Stephanie Newby, Roy A Franklin and Bob Card have resigned from the Amec Foster Wheeler Board and William Setter and Carl Chatfield have been appointed as directors of Amec Foster Wheeler, in each case, with effect from 6 October 2017.

Capitalised terms used but not otherwise defined in this announcement have the meanings given to them in the scheme document published on 23 May 2017 relating to the Scheme.

Tags: Amec Foster Wheeler, Wood Group PLC