27th Mar 2008 13:54
Morgan Stanley Securities Limited27 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 26 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 612,307 5.2100 5.0550 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 463,066 5.1950 5.0600 (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 SHORT 6,517 5.1300CFD SHORT 239 5.1300CFD SHORT 10,290 5.1331CFD LONG 80,300 5.0690CFD LONG 38,000 5.0690CFD LONG 3,255 5.1205CFD LONG 26,735 5.1205CFD LONG 20,803 5.1251CFD LONG 14,282 5.1251CFD LONG 9,101 5.1265CFD LONG 5,371 5.1292CFD SHORT 22,600 5.0845CFD SHORT 8,806 5.1207CFD SHORT 7,752 5.1226CFD SHORT 14,282 5.1237CFD SHORT 20,803 5.1237CFD SHORT 13,887 5.1256CFD SHORT 16,800 5.1275CFD SHORT 28,500 5.1275CFD SHORT 96,910 5.1323CFD SHORT 29,700 5.1434CFD SHORT 20,470 5.1443CFD SHORT 30,727 5.1473CFD SHORT 2,000 5.1501CFD SHORT 7,000 5.1533CFD SHORT 96 5.1725CFD SHORT 179 5.1725CFD SHORT 851 5.1725CFD SHORT 1,528 5.1725CFD SHORT 197 5.1725CFD SHORT 40 5.1725CFD SHORT 186 5.1725CFD SHORT 1,340 5.1725CFD SHORT 112 5.1725CFD SHORT 739 5.1725CFD SHORT 7,900 5.1764 (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 27 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