3rd Apr 2008 11:06
Morgan Stanley Securities Limited03 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 02 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 1,734,815 5.9850 5.6687 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 761,086 6.0200 5.8183 (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 305 5.8171CFD LONG 361 5.8171CFD LONG 75,000 5.8345CFD LONG 19,404 5.8713CFD LONG 4,700 5.8735CFD LONG 43,629 5.9074CFD LONG 162,567 5.9356CFD LONG 22,040 5.9390CFD LONG 19,459 5.9392CFD LONG 330,000 5.9434CFD LONG 6 5.9461CFD LONG 6 5.9461CFD LONG 4,047 5.9461CFD LONG 3,529 5.9461CFD LONG 6 5.9461CFD LONG 6 5.9461CFD LONG 42,741 5.9579CFD LONG 3,533 5.9579CFD LONG 480 5.9641CFD LONG 27,653 5.9725CFD SHORT 15,200 5.6687CFD SHORT 69,800 5.6687CFD SHORT 31,900 5.6687CFD SHORT 25,800 5.6687CFD SHORT 157,300 5.6687CFD SHORT 12,000 5.7725CFD SHORT 42,500 5.8143CFD SHORT 20,300 5.8143CFD SHORT 93,100 5.8143CFD SHORT 209,700 5.8143CFD SHORT 34,400 5.8143CFD SHORT 200,000 5.8526CFD SHORT 19,884 5.8762CFD SHORT 43,143 5.9250CFD SHORT 18,938 5.9252CFD SHORT 800,000 5.9378CFD SHORT 436 5.9458CFD SHORT 4,480 5.9474CFD SHORT 4,350 5.9536CFD SHORT 3,150 5.9536CFD LONG 1,140 5.9500CFD SHORT 10,199 5.9367CFD SHORT 12,880 5.9381CFD SHORT 865 5.9500CFD SHORT 4,016 5.9500 (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 03 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