25th Feb 2008 11:18
Morgan Stanley Securities Limited25 February 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 22 February 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 114,357 6.5550 6.3300 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 113,946 6.5550 6.3400 (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 10,569 6.3665CFD SHORT 9,723 6.3450CFD SHORT 9,723 6.3597CFD LONG 1,133 6.3675CFD LONG 13,904 6.3675CFD LONG 23,695 6.3849CFD LONG 32,118 6.3915CFD LONG 24,410 6.3915CFD LONG 1,985 6.4007CFD LONG 3,559 6.4219CFD LONG 1 6.5539CFD SHORT 4,367 6.3461CFD SHORT 32,909 6.3622CFD SHORT 23,695 6.3858CFD SHORT 2,387 6.3939CFD SHORT 14,342 6.4024CFD SHORT 22,209 6.4024CFD SHORT 1 6.4069CFD SHORT 44 6.5583CFD SHORT 482 6.5583CFD SHORT 41 6.5583CFD SHORT 259 6.5583CFD SHORT 26 6.5583CFD SHORT 225 6.5583CFD SHORT 10 6.5583CFD SHORT 69 6.5583CFD SHORT 443 6.5583 (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 February 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