10th Mar 2008 10:37
Morgan Stanley Securities Limited10 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 07 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 215,378 6.1000 5.9750 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 401,002 6.1100 5.9150 (b) Derivatives transactions (other than options) Product name, Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3) GBPe.g. CFDCFD LONG 96,106 6.0047CFD LONG 512 6.0083CFD LONG 17,030 6.0010CFD LONG 70,000 6.0055CFD LONG 10,844 6.0216CFD LONG 24,417 6.0253CFD LONG 62,621 6.0376CFD LONG 35,374 6.0488CFD SHORT 10,000 6.0117CFD SHORT 21,900 6.0177CFD SHORT 8,111 6.0241CFD SHORT 62,621 6.0310CFD SHORT 13,313 6.0459CFD SHORT 9,117 6.0459CFD SHORT 5,055 6.0742CFD SHORT 615 6.0742 (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 price American, date paid/received pere.g. call option varying etc. relates (Note 5) European etc. 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 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