Results of the Placing Severn Trent announces the successful pricing of the non-pre-emptive placing of new ordinary shares in the capital of the Company announced earlier today (the Placing ). A total of 10,126,366 new ordinary shares in the capital of the Company (the Placing Shares ) have been placed by Merrill Lynch International ( BofA Securities ) and Morgan Stanley & Co. International ( Morgan Stanley , and together with BofA Securities, the Joint Bookrunners and Joint Corporate Brokers ) , at a price of 2,400 pence per Placing Share (the Placing Price ). Concurrently with the Placing , retail investors have subscribed in the offer made by the Company via the PrimaryBid platform for a total