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) Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	SEVERN TRENT PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	Advisor to Offeree
(d) Date position held/dealing undertaken:	Â	31 May 2013
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Â	NO

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	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,281,077		0.54%		423,588		0.18%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		422,716		0.18%		791,785		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:
				1,703,793		0.71%		1,215,373		0.51%

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		1,977		20.6449 GBP
ORD		Purchase		2,152		20.6018 GBP
ORD		Purchase		2,209		20.5991 GBP
ORD		Purchase		2,501		20.5915 GBP
ORD		Purchase		3,147		20.6006 GBP
ORD		Purchase		4,148		20.5650 GBP
ORD		Purchase		4,301		20.6012 GBP
ORD		Purchase		7,761		20.5210 GBP
ORD		Purchase		8,021		20.5200 GBP
ORD		Purchase		16,563		20.6156 GBP
ORD		Purchase		31,349		20.5598 GBP
ORD		Purchase		50,000		20.6100 GBP
ORD		Sale		210		20.6700 GBP
ORD		Sale		229		20.5100 GBP
ORD		Sale		300		20.6600 GBP
ORD		Sale		342		20.6103 GBP
ORD		Sale		623		20.6050 GBP
ORD		Sale		1,143		20.5835 GBP
ORD		Sale		1,422		20.5499 GBP
ORD		Sale		2,134		20.6186 GBP
ORD		Sale		2,751		20.5797 GBP
ORD		Sale		4,221		20.5663 GBP
ORD		Sale		4,350		20.5281 GBP
ORD		Sale		4,798		20.6149 GBP
ORD		Sale		5,206		20.6509 GBP
ORD		Sale		11,461		20.6144 GBP
ORD		Sale		16,553		20.6312 GBP
ORD		Sale		16,986		20.6112 GBP
ORD		Sale		17,329		20.5200 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		175		20.5793 GBP
ORD		SWAP		Long		510		20.6641 GBP
ORD		SWAP		Long		1,959		20.6221 GBP
ORD		SWAP		Long		5,206		20.6509 GBP
ORD		SWAP		Long		8,472		20.5337 GBP
ORD		SWAP		Short		5		20.6700 GBP
ORD		CFD		Short		300		20.5418 GBP
ORD		CFD		Short		1,061		20.5518 GBP
ORD		CFD		Short		1,074		20.6418 GBP
ORD		SWAP		Short		1,972		20.6448 GBP
ORD		SWAP		Short		2,926		20.5915 GBP
ORD		CFD		Short		50,000		20.6100 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:	Â	3 June 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.