Last checked at 16 May 2013 09:11
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: | 15 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? | 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 | 519,691 | 20.9700 GBP | 20.1000 GBP |
97(17/19)P ORDINARY | SALES | 536,000 | 20.9700 GBP | 20.1000 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 | 34,830 | 20.3479 GBP |
97(17/19)P ORDINARY | CFD | LONG | 23,500 | 20.4998 GBP |
97(17/19)P ORDINARY | CFD | LONG | 26,500 | 20.5038 GBP |
97(17/19)P ORDINARY | CFD | LONG | 272 | 20.5100 GBP |
97(17/19)P ORDINARY | CFD | LONG | 88 | 20.5200 GBP |
97(17/19)P ORDINARY | CFD | LONG | 83 | 20.5225 GBP |
97(17/19)P ORDINARY | CFD | LONG | 52 | 20.5436 GBP |
97(17/19)P ORDINARY | CFD | LONG | 550 | 20.5692 GBP |
97(17/19)P ORDINARY | CFD | LONG | 579 | 20.5718 GBP |
97(17/19)P ORDINARY | CFD | LONG | 493 | 20.6000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 5,800 | 20.6338 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1,210 | 20.6723 GBP |
97(17/19)P ORDINARY | CFD | LONG | 6,601 | 20.6831 GBP |
97(17/19)P ORDINARY | CFD | LONG | 23,309 | 20.6831 GBP |
97(17/19)P ORDINARY | CFD | LONG | 459 | 20.6831 GBP |
97(17/19)P ORDINARY | CFD | LONG | 27,976 | 20.6922 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1,987 | 20.7478 GBP |
97(17/19)P ORDINARY | CFD | LONG | 160 | 20.7500 GBP |
97(17/19)P ORDINARY | CFD | LONG | 5,300 | 20.7803 GBP |
97(17/19)P ORDINARY | CFD | LONG | 3,100 | 20.8180 GBP |
97(17/19)P ORDINARY | CFD | LONG | 504 | 20.8700 GBP |
97(17/19)P ORDINARY | CFD | LONG | 10,622 | 20.8947 GBP |
97(17/19)P ORDINARY | CFD | LONG | 799 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1,782 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 3 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 2,631 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | LONG | 1,000 | 20.9020 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 4,620 | 20.3884 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 5,000 | 20.4500 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 15,000 | 20.4848 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 25,000 | 20.4848 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 10,000 | 20.4848 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 1,490 | 20.4971 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 21,600 | 20.5266 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 7,998 | 20.5309 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 5,800 | 20.6202 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 11,418 | 20.6354 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 11,095 | 20.6377 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 16,640 | 20.6377 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 5,486 | 20.6623 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 251 | 20.6860 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 21 | 20.7038 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 2,575 | 20.8661 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 12,300 | 20.8856 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 125 | 20.8900 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 33 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 2,632 | 20.9000 GBP |
97(17/19)P ORDINARY | CFD | SHORT | 55 | 20.9000 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: | 16 MAY 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.