29th Feb 2008 11:33
Morgan Stanley Securities Limited29 February 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 PlcClass of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 28 February 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 382,458 6.8050 6.6350 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 473,909 6.905 6.6300 (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 3,636 6.8650CFD SHORT 5,069 6.6600CFD SHORT 7,452 6.6600CFD SHORT 2,383 6.7691CFD LONG 14,762 6.6590CFD LONG 30,000 6.6634CFD LONG 13,222 6.6649CFD LONG 1,077 6.6649CFD LONG 28,008 6.6920CFD LONG 16,207 6.7321CFD LONG 113,274 6.7498CFD LONG 33,305 6.7511CFD LONG 1,712 6.7630CFD LONG 150,000 6.7737CFD LONG 9,507 6.7769CFD LONG 5,000 6.8421CFD SHORT 1,712 6.6530CFD SHORT 3,000 6.6800CFD SHORT 15,600 6.7215CFD SHORT 16,207 6.7423CFD SHORT 900 6.7670CFD SHORT 35,000 6.7749CFD SHORT 7,867 6.7754CFD SHORT 94,171 6.7754CFD SHORT 37,000 6.7774CFD SHORT 109,350 6.7881 (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 29 February 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