8th Apr 2008 12:31
Morgan Stanley Securities Limited08 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 07 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 84,825 5.8900 5.7500 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 4,093,534 5.8900 5.7500 (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 LONG 2,171 5.8328CFD LONG 14,595 5.8378CFD LONG 4,000,000 5.8400CFD LONG 10,187 5.8440CFD LONG 3,753 5.8443CFD LONG 401 5.8510CFD LONG 4,846 5.8510CFD LONG 57,820 5.8518CFD SHORT 200 5.7500CFD SHORT 3,000 5.7950CFD SHORT 6,200 5.7969CFD SHORT 14,595 5.8297CFD SHORT 28,976 5.8345CFD SHORT 5,200 5.8361CFD SHORT 12,214 5.8420CFD SHORT 9,944 5.8435CFD LONG 716 5.8400CFD SHORT 42,813 5.8400CFD SHORT 5,451 5.8647 (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 08 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