Amec Foster Wheeler announcement re:
SFO investigation
John Wood Group PLC (the "Company") notes the announcement made
yesterday by Amec Foster Wheeler plc ("Amec Foster Wheeler") that
the UK Serious Fraud Office (the "SFO") has informed Amec Foster
Wheeler that it has opened an investigation into Amec Foster
Wheeler, predecessor companies and associated persons in respect of
the Foster Wheeler business. As announced by Amec Foster
Wheeler, the investigation focuses on the past use of third parties
and possible bribery and corruption and related offences.
In its circular and prospectus published on 23 May 2017, the Company disclosed that
information previously provided by Amec Foster Wheeler to the SFO
related to matters that may well develop into an investigation into
Amec Foster Wheeler by the SFO. As stated in those documents,
and as disclosed by Amec Foster Wheeler yesterday, it is not
possible to estimate reliably what effect the outcome of this
matter may have on Amec Foster Wheeler.
Enquiries:
Wood Group Investor
Relations
Ellie Dixon |
Tel: +44 (0) 1224 851369
Mob: +44 (0) 7940 560208 |
For media enquiries
contact: |
Brenda Clark |
Tel: +44 (0) 1224 373995 |
Wood Group
Press Office
Email: press.office@woodgroup.com |
|
|
Brunswick (Public
Relations Adviser to Wood Group) |
Charles Pemberton |
Tel: +44 (0) 20 7404 5959 |
Cautionary Note Regarding
Forward-Looking Statements
This announcement contains forward-looking statements with
respect to certain investigations and examinations. By their
nature, forward-looking statements are inherently predictive,
speculative and involve risk and uncertainty because they relate to
events and depend on circumstances that will occur in the
future. There are a number of factors that could cause actual
results and developments to differ materially from those expressed
or implied by these forward-looking statements. No assurances
can be given that the forward-looking statements in this document
will be realised. Subject to compliance with applicable law
and regulations, the Company does not intend to update these
forward-looking statements and does not undertake any obligation to
do so.
Publication on website
A copy of this announcement will be made available on the
Company's website at www.woodgroup.com by no later than 12 noon
(London time) on the business day
following this announcement. For the avoidance of doubt, the
contents of this website are not incorporated into and do not form
part of this announcement.
Notes to Editors
Wood Group is an international energy services company with
around US$5bn sales and operating in
more than 40 countries. The Group designs, modifies, constructs and
operates industrial facilities mainly for the oil & gas sector,
right across the asset life cycle. We enhance this with a wide
range of specialist technical solutions including our world leading
subsea, automation and integrity solutions. Our real differentiator
is our range of services, the quality of our delivery, the passion
of our people, our culture and values. We are extending the scale
and scope of our core services into adjacent industries. Visit Wood
Group at www.woodgroup.com and connect with us on LinkedIn and
Twitter.