17th Mar 2008 10:49
Morgan Stanley Securities Limited17 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 PlcClass of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 14 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 969,270 5.9800 5.6850 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 147,274 6.0050 5.6950 (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 812 5.7317CFD LONG 9,359 5.8966CFD SHORT 4,439 5.6950CFD SHORT 4,012 5.7317CFD LONG 10,000 5.7317CFD LONG 590 5.8331CFD LONG 11,108 5.8691CFD LONG 24,947 5.9162CFD LONG 2,500 5.9382CFD SHORT 4,582 5.7068CFD SHORT 167,759 5.7323CFD SHORT 20,429 5.7323CFD SHORT 41,198 5.7452CFD SHORT 22,787 5.8441CFD SHORT 50,000 5.8543CFD SHORT 39,288 5.8584CFD SHORT 10,902 5.8735CFD SHORT 24,947 5.8810CFD SHORT 36,332 5.9009CFD SHORT 3 5.9024CFD SHORT 32,960 5.9024CFD SHORT 3 5.9024CFD SHORT 54,820 5.9024CFD SHORT 5,300 5.9058CFD SHORT 121,013 5.9325CFD SHORT 7,247 5.9390CFD SHORT 233,291 5.9507 (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 17 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