10th Apr 2008 12:08
Morgan Stanley Securities Limited10 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 09 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 257,660 5.8100 5.5500 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 264,927 5.8100 5.5450 (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 54 5.6200CFD LONG 198 5.6200CFD SHORT 962 5.7090CFD LONG 91,000 5.5477CFD LONG 22,161 5.5697CFD LONG 1,832 5.5697CFD LONG 28,580 5.6796CFD LONG 39,896 5.7373CFD LONG 714 5.7546CFD LONG 66,939 5.7731CFD LONG 831 5.7763CFD SHORT 10,437 5.5718CFD SHORT 250 5.5948CFD SHORT 3,023 5.5948CFD SHORT 2,600 5.6440CFD SHORT 1,000 5.6445CFD SHORT 27,243 5.6541CFD SHORT 67,412 5.6555CFD SHORT 859 5.6617CFD SHORT 36,332 5.6617CFD SHORT 27,686 5.6860CFD SHORT 30,746 5.6869CFD SHORT 9,600 5.7046CFD SHORT 2,718 5.7195CFD SHORT 421 5.7195CFD SHORT 18,000 5.7249CFD SHORT 18,000 5.7249CFD SHORT 2,000 5.7446CFD SHORT 3,451 5.8068 (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 10 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