5th Mar 2008 13:24
Morgan Stanley Securities Limited05 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 PlcClass of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 04 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 355,198 6.4400 6.1400 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 136,641 6.3850 6.1400 (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 32,862 6.1800CFD LONG 16,214 6.1800CFD LONG 5,939 6.1862CFD LONG 1,981 6.2183CFD LONG 950 6.1716CFD LONG 7,802 6.1716CFD LONG 43,439 6.2637CFD LONG 44 6.3117CFD LONG 41 6.3117CFD LONG 26 6.3117CFD LONG 10 6.3117CFD LONG 27 6.3118CFD LONG 22 6.3118CFD LONG 82 6.3118CFD LONG 87 6.3118CFD LONG 38 6.3118CFD SHORT 1,349 6.1439CFD SHORT 165 6.1439CFD SHORT 18,081 6.2225CFD SHORT 28,803 6.2225CFD SHORT 172,861 6.2268CFD SHORT 43,439 6.2501CFD SHORT 35,000 6.3080CFD SHORT 5,500 6.3309 (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 05 March 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