Wessex Water has received acceptances for 93 per cent of its one-for-six rights issue at 480p per new share.

First half profit before tax at Wessex Water rose from £39.8m to £44.3m.

It sits on a reservoir of the same name owned by Wessex Water.

Wessex Water supplies 1.3 million people with around 285 million litres of water a day.

That person, whose identity was not disclosed, has no direct connection with Wessex Water, the police said.

In 1976, restoration of the site began, and in 1990 the site was bought from the owners, Wessex Water.

Sewerage services in the Bristol area are provided by Wessex Water.

Wessex Water has commissioned a free iPhone game that aims to teach people what not to flush down the toilet.

Yesterday, speculators decided Wessex Water might be the target, pushing the shares up from 463p to 477p.

Wessex Water said it would not provide details of its offer until a regulatory review could be carried out.