Last checked at 10 Jun 2013 09:25
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | Morgan Stanley Securities Limited |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | SEVERN TRENT PLC |
(c) Name of the party to the offer with which exempt principal trader is connected:
| SEVERN TRENT PLC |
(d) Date dealing undertaken: | 07 JUNE 2013 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | No |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
(a) Purchases and sales
Class of relevant security | Purchases/sales | Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
97(17/19)P ORDINARY | PURCHASES | 4,100,742 | 22.0000 GBP | 20.2800 GBP |
97(17/19)P ORDINARY | SALES | 4,109,860 | 21.7500 GBP | 20.1500 GBP |
(b) Derivatives transactions (other than options)
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
97(17/19)P ORDINARY | CFD | LONG | 207 | 20.2849 GBP |
97(17/19)P ORDINARY | CFD | LONG | 15,671 | 20.2910 GBP |
97(17/19)P ORDINARY | CFD | LONG | 36 | 20.2950 GBP |
97(17/19)P ORDINARY | CFD | LONG | 14,108 | 20.5777 GBP |
97(17/19)P ORDINARY | CFD | LONG | 3,280 | 20.5785 GBP |
97(17/19)P ORDINARY | CFD | LONG | 141 | 20.6668 GBP |
97(17/19)P ORDINARY | CFD | LONG | 86 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 2,700 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 40,000 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 11,056 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 233 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 710 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 33,400 | 20.7695 GBP |
97(17/19)P ORDINARY | CFD | LONG | 700 | 20.9025 GBP |
97(17/19)P ORDINARY | CFD | LONG | 9,709 | 20.9087 GBP |
97(17/19)P ORDINARY | CFD | LONG | 238 | 21.0218 GBP |
97(17/19)P ORDINARY | CFD | LONG | 11,960 | 21.0218 GBP |
97(17/19)P ORDINARY | CFD | LONG | 3,428 | 21.0218 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1,791 | 21.0874 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1,095 | 21.0941 GBP |
97(17/19)P ORDINARY | CFD | LONG | 8,339 | 21.1025 GBP |
97(17/19)P ORDINARY | CFD | LONG | 251 | 21.1041 GBP |
97(17/19)P ORDINARY | CFD | LONG | 7,872 | 21.1119 GBP |
97(17/19)P ORDINARY | CFD | LONG | 2,765 | 21.1185 GBP |
97(17/19)P ORDINARY | CFD | LONG | 32,827 | 21.1244 GBP |
97(17/19)P ORDINARY | CFD | LONG | 62,500 | 21.1488 GBP |
97(17/19)P ORDINARY | CFD | LONG | 25,000 | 21.1488 GBP |
97(17/19)P ORDINARY | CFD | LONG | 37,500 | 21.1488 GBP |
97(17/19)P ORDINARY | CFD | LONG | 5,280 | 21.3450 GBP |
97(17/19)P ORDINARY | CFD | LONG | 28,868 | 21.4296 GBP |
97(17/19)P ORDINARY | CFD | LONG | 25,752 | 21.4521 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 42 | 20.3000 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 147 | 20.3057 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 1,022 | 20.4699 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 25,752 | 20.6718 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 750 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 24,954 | 20.7000 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 2,765 | 20.7262 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 42,594 | 20.7616 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 6,207 | 20.8234 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 1,939 | 20.8379 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 72 | 20.8771 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 210 | 20.8977 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 2,095 | 20.9098 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 41 | 20.9098 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 600 | 20.9098 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 40,000 | 20.9107 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 9,709 | 20.9236 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 1,046 | 20.9277 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 24,105 | 20.9377 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 66,812 | 20.9612 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 10,280 | 20.9878 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 15,000 | 21.0426 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 10,000 | 21.0426 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 25,000 | 21.0426 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 4,789 | 21.1249 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 1,922 | 21.1249 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 20,000 | 21.1550 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 15,000 | 21.2212 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 28,868 | 21.3076 GBP |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercising
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
N/A | N/A | N/A | N/A |
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 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
3. 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
|
| Date of disclosure: | 10 JUNE 2013 |
| Contact name: | Darren Wickert |
| Telephone number: | +44 (0)20 7425 6578 |
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.