Form 8.5 (EPT/NON-RI) - SEVERN TRENT PLC

Form 8.5 (EPT/NON-RI) - SEVERN TRENT PLC

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)	Â	Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b)		Name of offeror/offeree in relation to whose		SEVERN TRENT PLC
Â		relevant securities this form relates:		Â
(c)		Name of the party to the offer with which exempt		Advisor to Offeree
Â		principal trader is connected		Â
(d)		Date position held/dealing undertaken:		24 May 2013
(e)		Has the EPT previously disclosed, or is it		NO
		today disclosing, under the Code in respect
Â		of any other party to this offer?		Â

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:			Â	ORD
	Â			Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		1,390,757		0.58%		440,462		0.18%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		434,145		0.18%		798,179		0.33%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				1,824,902		0.76%		1,238,641		0.52%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which subscription right exists:	Â
Details, including nature of the rights concerned and relevant percentages:	Â

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant	Â	Purchase/sale	Â	Number of	Â	Price per unit
security		Â		securities		Â
ORD		Purchase		33		20.4500 GBP
ORD		Purchase		428		20.6513 GBP
ORD		Purchase		446		20.5833 GBP
ORD		Purchase		900		20.4700 GBP
ORD		Purchase		1,241		20.6196 GBP
ORD		Purchase		1,403		20.4488 GBP
ORD		Purchase		2,049		20.6552 GBP
ORD		Purchase		3,148		20.5356 GBP
ORD		Purchase		3,498		20.4716 GBP
ORD		Purchase		4,099		20.4661 GBP
ORD		Purchase		5,475		20.7100 GBP
ORD		Purchase		12,765		20.5750 GBP
ORD		Purchase		12,956		20.5147 GBP
ORD		Purchase		18,690		20.4300 GBP
ORD		Purchase		20,839		20.6314 GBP
ORD		Purchase		44,054		20.5011 GBP
ORD		Sale		800		20.5700 GBP
ORD		Sale		1,445		20.6034 GBP
ORD		Sale		1,814		20.4161 GBP
ORD		Sale		3,043		20.5496 GBP
ORD		Sale		3,111		20.5807 GBP
ORD		Sale		3,910		20.5132 GBP
ORD		Sale		3,991		20.6931 GBP
ORD		Sale		5,870		20.4519 GBP
ORD		Sale		6,846		20.5339 GBP
ORD		Sale		8,789		20.5389 GBP
ORD		Sale		11,407		20.7100 GBP
ORD		Sale		15,166		20.5259 GBP
ORD		Sale		25,367		20.5074 GBP

(b) Derivatives transactions (other than options)

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		SWAP		Long		340		20.6852 GBP
ORD		SWAP		Long		384		20.5341 GBP
ORD		SWAP		Long		1,814		20.4161 GBP
ORD		SWAP		Long		3,570		20.4969 GBP
ORD		SWAP		Long		3,607		20.7095 GBP
ORD		SWAP		Long		8,884		20.5677 GBP
ORD		SWAP		Short		428		20.6513 GBP
ORD		CFD		Short		446		20.5833 GBP
ORD		SWAP		Short		628		20.5149 GBP
ORD		SWAP		Short		937		20.5930 GBP
ORD		CFD		Short		14,186		20.5921 GBP
ORD		SWAP		Short		44,054		20.5011 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercising

Class of relevant security

Â

Product description e.g. call option

Â

Number of securities

Â

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state “none”

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?	Â	NO
Date of disclosure:		28 May 2013
Contact name:		Rajesh Muthanna
Telephone number:		020 3555 4634

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.