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Investegate |Severn Trent PLC Announcements | Severn Trent PLC: Result of the Placing


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 ....

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