11th Apr 2008 13:15
Morgan Stanley Securities Limited11 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 10 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 285,238 5.8600 5.5600 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 478,092 5.8600 5.5500 (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 SHORT 142 5.6664CFD SHORT 43,491 5.6677CFD SHORT 44,399 5.8100CFD LONG 59 5.5993CFD LONG 9,000 5.6046CFD LONG 115,000 5.6046CFD LONG 44,298 5.6235CFD LONG 785 5.6254CFD LONG 9,490 5.6254CFD LONG 15,237 5.6569CFD LONG 29,614 5.6717CFD LONG 123,986 5.6784CFD LONG 6,600 5.7292CFD LONG 58 5.7449CFD LONG 67,307 5.7673CFD SHORT 1,354 5.6205CFD SHORT 7,000 5.6286CFD SHORT 10,286 5.6389CFD SHORT 44,298 5.6427CFD SHORT 1,611 5.6433CFD SHORT 500 5.7069CFD SHORT 16,009 5.7974CFD SHORT 1,323 5.7974CFD SHORT 29,562 5.8107CFD SHORT 15,304 5.8107CFD SHORT 57,700 5.8107 (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 11 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