18th Apr 2008 11:10
Morgan Stanley Securities Limited18 April 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 17 April 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 684,023 6.2650 6.0700 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 145,271 6.2750 6.1000 (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 2,926 6.1234CFD LONG 30,780 6.1616CFD LONG 4,867 6.1616CFD LONG 18,618 6.1740CFD LONG 2,716 6.1861CFD LONG 32,867 6.1861CFD LONG 38,048 6.1982CFD SHORT 16,189 6.1001CFD SHORT 47,517 6.1429CFD SHORT 20,000 6.1481CFD SHORT 7,000 6.1654CFD SHORT 18,618 6.1741CFD SHORT 16,199 6.1846CFD SHORT 10,425 6.1884CFD SHORT 379,600 6.1925CFD SHORT 131,000 6.1934CFD SHORT 2,094 6.1522CFD SHORT 20,932 6.1688CFD SHORT 1,090 6.2200 (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 18 April 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