20th Feb 2008 10:39
Morgan Stanley Securities Limited20 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 Plc Class of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 19 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 421,578 6.7100 6.3950 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 359,278 6.7100 6.3700 (b) Derivatives transactions (other than options) Product name, Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3) GBPe.g. CFD CFD SHORT 10,885 6.6193CFD SHORT 2,102 6.7050CFD SHORT 6,925 6.7050CFD LONG 10,000 6.3674CFD LONG 29,900 6.4281CFD LONG 10,000 6.4561CFD LONG 250,000 6.6674CFD LONG 2,853 6.6748CFD LONG 232 6.6748CFD LONG 24,300 6.6816CFD SHORT 33,000 6.4357CFD SHORT 19,556 6.4512CFD SHORT 2,961 6.4588CFD SHORT 54,076 6.4660CFD SHORT 25,448 6.4660CFD SHORT 900 6.5503CFD SHORT 727 6.6604CFD SHORT 8,930 6.6604 (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 20 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