As an employee of Wood the share plans are your chance to invest in our company and our collective success.
Wood is offering you the opportunity to participate in the new UK Share Incentive Plan as well as the global Employee Share Plan.
How the plans compare
| Share Incentive Plan (SIP) | Employee Share Plan (ESP) | |
| You must be a UK tax resident and employed by a UK entity of Wood | You must be living and working in a participating country and paid by a participating Wood entity | |
| You choose to contribute a fixed value in British Pounds | You choose to contribute a % of your salary | |
| Contributions are taken from your gross pay (before tax) | Contributions are taken from your net pay (after tax) | |
| You can change how much you wish to contribute during the year | ✓ | You can change how much you wish to contribute during the year |
| Shares are purchased once a month, every month | ✓ | Shares are purchased once a month, every month |
| Buy 2 shares – get 1 extra | ✓ | Buy 2 shares – get 1 extra |
| Matching shares are available to you after 3 years | Matching shares are available to you after 2 years | |
| Matching shares are tax & NICs free (if held for 5 years in total) | Matching shares are subject to income tax & NICs | |
| You accrue dividends on Matching Shares from the start of the plan | You accrue dividends on Matching Shares after tax after the 2-year waiting period | |
| Dividend Shares are tax free after 3 years | Dividend Shares may be subject to income tax | |
Shares sold from the SIP are not subject to tax if certain conditions are met | Shares sold may be subject to capital gains tax | |
| You can contribute up to a maximum of £1,800 per year | You can contribute up to a maximum of 10% of salary per year | |
| Once enrolled, your contributions will be ongoing and re-enrolment is not required | From 2024, once enrolled, your participation will be auto-enrolled every annual plan cycle | |
Contribution limits
Share Incentive Plan
The maximum contribution you can make is:
£150 per month, or 10% of annual salary if lower
Employee Share Plan
The maximum contribution you can make is:
10% of your annual salary
If you join both plans your total annual contribution to both plans cannot exceed 10% of your annual salary per year.
Use this calculator to determine how much you can contribute to both plans
Interactive calculator
Webinar
Find out more about the Wood share plans in our webinar
Documents
My Account
Access your online EquatePlus account with Computershare link or download the app.
View annual reports
View Archive
Disclaimer
This website is for information purposes only and it does not contain investment advice. It does not constitute a public offer to sell or a solicitation to purchase shares in John Wood Group PLC, nor is it an invitation to join the Wood Share Plans. You should read the full documentation provided for your relevant location, which is available above before making any decision to participate in the plan. If you are in any doubt as to the action you should take you are recommended to seek your own financial advice from an appropriately authorised independent financial advisor.