4th Mar 2008 12:04
Morgan Stanley Securities Limited04 March 2008 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(a) of the Takeover Code) 1. KEY INFORMATION Name of exempt principal trader Morgan Stanley Securities Limited Company dealt in Punch Tavern Plc Class of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 03 March 2008 2. DEALINGS (Note 2) (a) Purchases and sales Total number of securities purchased Highest price paid (Note 3) GBP Lowest price paid (Note 3) GBP 54,241 6.4450 6.3100 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 46,826 6.4250 6.3400 (b) Derivatives transactions (other than options) Product name, Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3) GBP e.g. CFDCFD LONG 126 6.3850CFD SHORT 22,195 6.3817CFD SHORT 466 6.3898CFD LONG 86 6.3504CFD LONG 2,637 6.3638CFD LONG 900 6.3814CFD LONG 3,979 6.3908CFD LONG 15,543 6.3908CFD LONG 1,893 6.3908CFD LONG 324 6.3908CFD LONG 3,877 6.4042CFD LONG 3,463 6.4042CFD LONG 7,516 6.4061CFD LONG 100 6.4100CFD SHORT 24,781 6.3378CFD SHORT 168 6.4300CFD SHORT 25 6.4300CFD SHORT 214 6.4300CFD SHORT 214 6.4300CFD SHORT 10 6.4300 (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money purchasing, to which the option American,e.g. call option varying etc. relates (Note 5) price European etc. date paid/received per unit (Note 3) N/A N/A N/A N/A N/A N/A N/A (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 3)N/A N/A N/A 3. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relatingto the voting rights of any relevant securities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form isreferenced. If none, this should be stated. NONE Date of disclosure 04 March 2008 Contact name Zafrhan Fahmy Telephone number 020 7677 1871 Name of offeree/offeror with which connected Punch Tavern PlcNature of connection (Note 6) Advisor Notes The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Punch Taverns PLC