25th Mar 2008 11:07
Morgan Stanley Securities Limited25 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 Plc Class of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 20 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 766,545 5.2750 4.9925 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 813,447 5.2800 4.9925 (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 55,067 5.0977CFD SHORT 119,821 5.0350CFD SHORT 48,555 5.0425CFD LONG 236 5.0601CFD LONG 1,932 5.0601CFD LONG 40,765 5.0756CFD LONG 25,599 5.1084CFD LONG 41,999 5.1084CFD LONG 7,024 5.1108CFD LONG 35,000 5.1139CFD LONG 16,482 5.1213CFD LONG 133,025 5.1236CFD LONG 200,000 5.1405CFD LONG 11,454 5.2343CFD SHORT 6,973 5.0108CFD SHORT 2,721 5.0356CFD SHORT 18,509 5.0506CFD SHORT 7,367 5.0545CFD SHORT 60,498 5.0545CFD SHORT 13,000 5.0633CFD SHORT 93,434 5.0653CFD SHORT 99,159 5.0686CFD SHORT 57,482 5.0892CFD SHORT 67,598 5.1003CFD SHORT 2,100 5.1090CFD SHORT 16,565 5.1309CFD SHORT 9,700 5.1356CFD SHORT 4,000 5.1686 (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 25 March 2008 Contact name Zafrhan Fahmy Telephone number 020 7677 1871 Name of offeree/offeror with which connected Punch Tavern Plc Nature 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