17th Apr 2008 13:19
Morgan Stanley Securities Limited17 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 16 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 585,863 6.1600 6.0650 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 155,216 6.1750 6.0350 (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 900 6.0849CFD LONG 11,654 6.0937CFD LONG 4,400 6.1000CFD LONG 235 6.1020CFD LONG 40 6.1020CFD LONG 257 6.1020CFD LONG 785 6.1020CFD LONG 1,031 6.1020CFD LONG 260 6.1020CFD LONG 402 6.1020CFD LONG 1,466 6.1020CFD LONG 333 6.1020CFD LONG 98 6.1020CFD LONG 4,123 6.1064CFD LONG 5,238 6.1067CFD LONG 95 6.1074CFD LONG 1,904 6.1102CFD LONG 903 6.1143CFD LONG 75 6.1143CFD LONG 12,781 6.1282CFD LONG 10,200 6.1339CFD LONG 5,098 6.1370CFD SHORT 7,000 6.0983CFD SHORT 25,000 6.1070CFD SHORT 1,003 6.1133CFD SHORT 12,135 6.1133CFD SHORT 6,037 6.1205CFD SHORT 12,781 6.1250CFD SHORT 5,000 6.1255CFD SHORT 27,076 6.1270CFD SHORT 275,000 6.1292CFD SHORT 18,611 6.1327CFD SHORT 13,000 6.1400CFD SHORT 175,000 6.1488CFD LONG 8,083 6.1000CFD LONG 15,817 6.1241CFD SHORT 3,168 6.1000 (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 17 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