7th Mar 2008 12:02
Morgan Stanley Securities Limited07 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 06 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 186,330 6.4100 6.1700 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 233,124 6.4100 6.1700 (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 34,996 6.1950CFD LONG 23,686 6.2401CFD LONG 14,322 6.2869CFD LONG 3,982 6.1795CFD LONG 485 6.1795CFD LONG 4,182 6.1889CFD LONG 26,068 6.2268CFD LONG 31,934 6.2404CFD LONG 11,974 6.2610CFD LONG 26,000 6.2657CFD LONG 157 6.3083CFD LONG 1,609 6.4092CFD SHORT 197 6.1808CFD SHORT 1,617 6.1808CFD SHORT 26,676 6.1972CFD SHORT 5,669 6.2410CFD SHORT 32,007 6.2427CFD SHORT 2,900 6.2521CFD SHORT 6,300 6.2663CFD SHORT 23,190 6.2680CFD SHORT 1,609 6.3108 (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 persondisclosing and any other person relating to the voting rights of any relevantsecurities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which anyderivative referred to on this form is referenced. If none, this should bestated. NONE Date of disclosure 07 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