15th Apr 2008 11:59
Morgan Stanley Securities Limited15 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 PlcClass of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 14 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 732,274 6.1550 5.8648 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 1,409,562 6.1750 5.8800 (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 802 6.0815CFD SHORT 2,018 6.0850CFD SHORT 4,531 6.0935CFD LONG 174 5.9470CFD LONG 404 5.9470CFD LONG 6,814 5.9490CFD LONG 168 5.9682CFD LONG 1,087 5.9682CFD LONG 2,727 5.9682CFD LONG 25 5.9682CFD LONG 643 5.9682CFD LONG 145 5.9682CFD LONG 214 5.9682CFD LONG 10 5.9682CFD LONG 5,546 6.0106CFD LONG 22,558 6.0106CFD LONG 47,500 6.0272CFD LONG 73,285 6.0493CFD LONG 103,100 6.0516CFD LONG 649 6.0550CFD LONG 2,800 6.0600CFD LONG 13,647 6.0601CFD LONG 24,223 6.0607CFD LONG 25,428 6.0621CFD LONG 204 6.0627CFD LONG 29,777 6.0627CFD LONG 1,881 6.0642CFD LONG 22,758 6.0642CFD LONG 20,720 6.0725CFD LONG 77,854 6.0730CFD LONG 148,612 6.0738CFD LONG 868 6.0936CFD LONG 61,232 6.0936CFD LONG 77,214 6.0943CFD SHORT 18,660 5.8648CFD SHORT 4,250 5.9852CFD SHORT 6,814 5.9947CFD SHORT 32,589 6.0286CFD SHORT 3,028 6.0310CFD SHORT 3,700 6.0378CFD SHORT 100 6.0378CFD SHORT 200 6.0378CFD SHORT 1,000 6.0378CFD SHORT 600 6.0378CFD SHORT 3,800 6.0378CFD SHORT 9,200 6.0378CFD SHORT 3,400 6.0378CFD SHORT 5,000 6.0398CFD SHORT 900 6.0574CFD SHORT 22,543 6.0651CFD SHORT 204 6.0651CFD SHORT 10,000 6.0661CFD SHORT 5,600 6.0757 (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 15 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