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

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

UK Regulatory Announcement

LONDON

                            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 whose   SEVERN TRENT PLC
   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:         11 June 2013
(e) Has the EPT previously disclosed, or is it     NO
    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:   4,876,419   2.04%   457,306      0.19%
                                                                   
(2)               Derivatives (other
                  than
                  options):            454,874     0.19%   4,330,107    1.81%
                                                                   
(3)               Options and
                  agreements to
                  purchase/sell:       0           0.00%   0            0.00%
                                                                   
(4)               TOTAL:
                                       5,331,293   2.23%   4,787,413    2.00%

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        306          19.2976 GBP
ORD                 Purchase        691          19.5545 GBP
ORD                 Purchase        4,013        19.4262 GBP
ORD                 Purchase        5,430        19.2635 GBP
ORD                 Purchase        5,644        19.3374 GBP
ORD                 Purchase        7,957        19.3729 GBP
ORD                 Purchase        11,863       19.4255 GBP
ORD                 Purchase        14,302       19.3700 GBP
ORD                 Purchase        16,564       19.3829 GBP
ORD                 Purchase        16,876       19.3438 GBP
ORD                 Purchase        21,799       19.3690 GBP
ORD                 Purchase        23,788       19.3960 GBP
ORD                 Purchase        30,457       19.3509 GBP
ORD                 Purchase        34,586       19.3296 GBP
ORD                 Purchase        57,920       19.3683 GBP
ORD                 Purchase        100,000      19.4764 GBP
ORD                 Purchase        173,099      19.3436 GBP
ORD                 Sale            186          19.4482 GBP
ORD                 Sale            195          19.4299 GBP
ORD                 Sale            491          19.4200 GBP
ORD                 Sale            988          19.3690 GBP
ORD                 Sale            1,015        19.2893 GBP
ORD                 Sale            2,202        19.4005 GBP
ORD                 Sale            2,520        19.3926 GBP
ORD                 Sale            2,764        19.3272 GBP
ORD                 Sale            3,584        19.3863 GBP
ORD                 Sale            7,060        19.4279 GBP
ORD                 Sale            9,280        19.3143 GBP
ORD                 Sale            11,529       19.3697 GBP
ORD                 Sale            16,344       19.3365 GBP
ORD                 Sale            17,428       19.3410 GBP
ORD                 Sale            36,209       19.3612 GBP
ORD                 Sale            43,437       19.2529 GBP
ORD                 Sale            57,818       19.3026 GBP
ORD                 Sale            100,000      19.2704 GBP
ORD                 Sale            103,962      19.3809 GBP
ORD                 Sale            130,374      19.3823 GBP
ORD                 Sale            140,660      19.3700 GBP
ORD                 Sale            150,000      19.1837 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                557          19.4491 GBP
ORD        CFD           Long                2,202        19.4005 GBP
ORD        SWAP          Long                2,764        19.3272 GBP
ORD        SWAP          Long                3,360        19.3411 GBP
ORD        SWAP          Long                10,424       19.3920 GBP
ORD        CFD           Long                14,950       19.3776 GBP
ORD        SWAP          Long                100,000      19.2703 GBP
ORD        SWAP          Long                108,518      19.3813 GBP
ORD        CFD           Long                125,000      19.3700 GBP
ORD        SWAP          Long                150,000      19.1837 GBP
ORD        SWAP          Short               567          19.3441 GBP
ORD        CFD           Short               1,814        19.3926 GBP
ORD        SWAP          Short               5,653        19.2520 GBP
ORD        SWAP          Short               6,360        19.3352 GBP
ORD        SWAP          Short               11,679       19.3649 GBP
ORD        SWAP          Short               24,345       19.3685 GBP
ORD        SWAP          Short               100,000      19.4763 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