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SVT: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Severn Trent plc - Amendment

  SVT: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Severn Trent plc - Amendment

UK Regulatory Announcement

LONDON

                                  AMENDMENT

                            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:           BARCLAYS CAPITAL SECURITIES
                                                  LTD
(b)   Name of offeror/offeree in relation to      SEVERN TRENT PLC
      whose
     relevant securities this form relates:      
(c)   Name of the party to the offer with which   Advisor to Offeree
      exempt
     principal trader is connected               
(d)   Date position held/dealing undertaken:      7 June 2013
(e)   Has the EPT previously disclosed, or is     NO
      it
      today disclosing, under the Code in
      respect
     of any other party to this offer?           

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                            ORD                         
security:
                                       Interests          Short        
                                                           Positions
                                     Number      (%)     Number       (%)
(1)               Relevant
                  securities owned
                  and/or controlled:   4,966,695   2.08%   412,214      0.17%
                                                                   
(2)               Derivatives (other
                  than
                  options):            384,782     0.16%   3,607,961    1.51%
                                                                   
(3)               Options and
                  agreements to
                  purchase/sell:       0           0.00%   0            0.00%
                                                                   
(4)               TOTAL:
                                       5,351,477   2.24%   4,020,175    1.68%

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:  
Details, including nature of the rights concerned and relevant percentages: 

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  Purchase/sale  Number of   Price per unit
security                           securities   
ORD                 Purchase        100          21.1450 GBP
ORD                 Purchase        252          20.7000 GBP
ORD                 Purchase        767          21.1512 GBP
ORD                 Purchase        1,648        20.9324 GBP
ORD                 Purchase        2,423        21.0232 GBP
ORD                 Purchase        4,214        21.1157 GBP
ORD                 Purchase        4,728        21.1500 GBP
ORD                 Purchase        6,688        21.1083 GBP
ORD                 Purchase        8,936        20.9967 GBP
ORD                 Purchase        9,345        20.2900 GBP
ORD                 Purchase        10,907       20.2887 GBP
ORD                 Purchase        14,018       20.2800 GBP
ORD                 Purchase        16,110       21.1537 GBP
ORD                 Purchase        18,564       21.0034 GBP
ORD                 Purchase        22,233       20.9236 GBP
ORD                 Purchase        22,236       20.3305 GBP
ORD                 Purchase        27,102       20.8363 GBP
ORD                 Purchase        35,272       20.9365 GBP
ORD                 Purchase        54,863       20.8756 GBP
ORD                 Purchase        94,467       20.9178 GBP
ORD                 Purchase        119,006      20.8967 GBP
ORD                 Purchase        119,608      20.7030 GBP
ORD                 Purchase        150,000      21.1917 GBP
ORD                 Purchase        150,000      21.2318 GBP
ORD                 Purchase        167,427      20.3112 GBP
ORD                 Purchase        203,000      21.1305 GBP
ORD                 Purchase        223,150      21.1121 GBP
ORD                 Purchase        310,000      20.7311 GBP
ORD                 Purchase        421,185      20.9571 GBP
ORD                 Purchase        482,000      20.7310 GBP
ORD                 Sale            11           21.1050 GBP
ORD                 Sale            748          20.9337 GBP
ORD                 Sale            2,902        21.1519 GBP
ORD                 Sale            3,048        21.1500 GBP
ORD                 Sale            4,299        20.3374 GBP
ORD                 Sale            4,531        20.7398 GBP
ORD                 Sale            6,207        20.8234 GBP
ORD                 Sale            8,546        21.1118 GBP
ORD                 Sale            9,331        21.1240 GBP
ORD                 Sale            9,689        21.1013 GBP
ORD                 Sale            14,486       21.0692 GBP
ORD                 Sale            18,035       20.2749 GBP
ORD                 Sale            18,298       20.8915 GBP
ORD                 Sale            19,331       21.0216 GBP
ORD                 Sale            20,038       21.1738 GBP
ORD                 Sale            22,183       20.8613 GBP
ORD                 Sale            24,000       20.9093 GBP
ORD                 Sale            30,685       21.1108 GBP
ORD                 Sale            34,007       21.1478 GBP
ORD                 Sale            34,531       20.9182 GBP
ORD                 Sale            76,789       21.1907 GBP
ORD                 Sale            87,234       20.9114 GBP
ORD                 Sale            96,254       20.9404 GBP
ORD                 Sale            582,763      20.7000 GBP

(b) Derivatives transactions (other than options)

Class of  Product      Nature of dealing  Number of   Price per
relevant   description                       reference    unit
security                                   securities   
ORD        SWAP          Long                0            TRANSFER
ORD        SWAP          Long                178          21.2391 GBP
ORD        SWAP          Long                2,200        21.0793 GBP
ORD        SWAP          Long                5,310        21.0817 GBP
ORD        CFD           Long                9,103        20.5420 GBP
ORD        SWAP          Long                9,886        21.1021 GBP
ORD        SWAP          Long                11,821       20.9839 GBP
ORD        SWAP          Long                14,486       21.0692 GBP
ORD        SWAP          Long                131,000      21.1917 GBP
ORD        CFD           Long                525,000      20.7000 GBP
ORD        SWAP          Short               0            TRANSFER
ORD        SWAP          Short               248          20.2906 GBP
ORD        SWAP          Short               356          21.0808 GBP
ORD        CFD           Short               1,226        20.8928 GBP
ORD        SWAP          Short               8,936        20.9967 GBP
ORD        SWAP          Short               18,316       21.0130 GBP
ORD        CFD           Short               22,236       20.3304 GBP
ORD        SWAP          Short               62,000       20.7310 GBP
ORD        SWAP          Short               77,000       20.9178 GBP
ORD        SWAP          Short               84,426       20.7002 GBP
ORD        SWAP          Short               150,000      21.2318 GBP
ORD        SWAP          Short               203,000      21.1305 GBP
ORD        SWAP          Short               412,000      21.1917 GBP
ORD        SWAP          Short               421,185      20.9571 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

                         Writing,      Number of               Type                 Option
Class of   Product       purchasing,   securities   Exercise                        money
relevant  description  selling,     to which    price     e.g.       Expiry  paid/
security   e.g. call     varying       option       per unit   American,   date     received
           option        etc.          relates                 European             per unit
                                                               etc.

(ii) Exercising

                     Product
Class of relevant   description         Number of          Exercise price
security                                  securities          per unit
                     e.g. call option

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

                    Nature of dealing
Class of relevant                      Details  Price per unit (if
security            e.g. subscription,             applicable)
                    conversion

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?  NO
Date of disclosure:                                   12 Jun 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
monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is
available for consultation in relation to the Code’s dealing disclosure
requirements on +44 (0)20 7638 0129.

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

Contact:

BARCLAYS PLC