4th Apr 2008 12:02
Morgan Stanley Securities Limited04 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 Plc Class of relevant security to which the Ordinary Sharesdealings being disclosed relate (Note 1) Date of dealing 03 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 1,507,747 5.9100 5.6900 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 937,491 5.9250 5.6751 (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 200,000 5.6739CFD LONG 436 5.7141CFD LONG 40,869 5.7147CFD LONG 3,379 5.7147CFD LONG 14,543 5.7284CFD LONG 285,742 5.7300CFD LONG 275,000 5.7485CFD LONG 16,826 5.7487CFD LONG 39,953 5.7631CFD LONG 252,073 5.7640CFD LONG 2,647 5.9243CFD LONG 4,120 7.2784 EURCFD SHORT 8,699 5.6984CFD SHORT 285,742 5.7300CFD SHORT 39,953 5.7423CFD SHORT 172,824 5.7429CFD SHORT 16,797 5.7531CFD SHORT 256,300 5.7670CFD SHORT 55,800 5.7670CFD SHORT 88,600 5.7670CFD SHORT 71,600 5.7670CFD SHORT 577,700 5.7670CFD SHORT 8,000 5.7712CFD SHORT 74,772 5.8031CFD SHORT 7,563 5.8198CFD SHORT 4,270 5.8384CFD SHORT 2,647 5.8557CFD SHORT 7,500 5.8646CFD LONG 3,138 5.8024CFD SHORT 78 5.7300CFD SHORT 25,893 5.7300CFD SHORT 1,858 5.7300CFD SHORT 15,824 5.7300 (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 04 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