28th Mar 2008 11:02
Morgan Stanley Securities Limited28 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 27 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 257,434 5.2800 5.1100 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 317,895 5.2800 5.1550 (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 2,483 5.1641CFD LONG 43,883 5.1844CFD LONG 13,617 5.1844CFD LONG 37,913 5.1912CFD LONG 123,387 5.2047CFD LONG 23,007 5.2226CFD LONG 2,802 5.2226CFD LONG 58,281 5.2258CFD LONG 3,500 5.2450CFD LONG 3,354 5.2499CFD LONG 2,264 5.2564CFD SHORT 8,000 5.1503CFD SHORT 2,483 5.1590CFD SHORT 663 5.1674CFD SHORT 1,085 5.1674CFD SHORT 142 5.1674CFD SHORT 947 5.1674CFD SHORT 575 5.1674CFD SHORT 16,264 5.1873CFD SHORT 49,215 5.1885CFD SHORT 37,913 5.1895CFD SHORT 5,970 5.2092CFD SHORT 14,282 5.2092CFD SHORT 80,300 5.2135CFD SHORT 38,000 5.2135CFD LONG 1,809 5.1845 (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 28 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