6th Mar 2008 14:40
Morgan Stanley Securities Limited06 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 05 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 381,226 6.4050 6.1950 Total number of securities sold Highest price received (Note 3) GBP Lowest price received (Note 3) GBP 847,009 6.4200 6.1700 (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 461 6.3421CFD SHORT 2,620 6.3421CFD SHORT 2,496 6.3433CFD SHORT 516 6.3600CFD LONG 64,595 6.2089CFD LONG 5,038 6.2090CFD LONG 39,532 6.2090CFD LONG 160,799 6.2090CFD LONG 18,578 6.2090CFD LONG 6,157 6.2090CFD LONG 1,790 6.2197CFD LONG 19,810 6.2197CFD LONG 34,010 6.3269CFD LONG 88 6.3490CFD LONG 727 6.3490CFD LONG 3,150 6.3512CFD LONG 121,013 6.3663CFD LONG 321 8.2867CFD SHORT 3,128 6.1961CFD SHORT 8,700 6.2445CFD SHORT 38,094 6.2967CFD SHORT 32,670 6.3220CFD SHORT 3,572 6.3415CFD SHORT 22 6.3501CFD SHORT 45,412 6.3600CFD SHORT 1,267 6.3614CFD SHORT 1,423 6.3684CFD SHORT 11,691 6.3684 (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 06 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