Holding(s) in Company (6337B)

TIDMPUB

RNS Number : 6337B

Punch Taverns PLC

22 February 2011

Punch Taverns plc (the "Company") 22 February 2011

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Punch Taverns plc

2. Reason for the notification (please tick the appropriate box or boxes)

 
 An acquisition or disposal of voting rights:           X 
----------------------------------------------------- 
 An acquisition or disposal of financial instruments 
  which may result in the acquisition of shares 
  already issued to which voting rights are attached: 
----------------------------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments: 
----------------------------------------------------- 
 An event changing the breakdown of voting rights: 
----------------------------------------------------- 
 Other (please specify): 
-----------------------------------------------------

3. Full name of person(s) subject to the notification obligation:

Morgan Stanley (Institutional Securities Group and Global Wealth Management)

4. Full name of shareholder(s) (if different from 3):

5. Date of the transaction (and date on which the threshold if crossed or reached if different):

18 February 2011

6. Date on which issuer notified:

21 February 2011

7. Threshold(s) that is/are crossed or reached:

8. Notified details:

A: Voting rights attached to shares

 
 Class/type of shares 
  if possible using      Situation previous to the triggering 
  the ISIN CODE           transaction 
----------------------  ------------------------------------------- 
                         Number of shares   Number of voting rights 
----------------------  -----------------  ------------------------ 
 GB0031552861            40,200,741         40,200,741 
----------------------  -----------------  ------------------------ 
 
 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------- 
 Number of 
  shares        Number of voting rights     % of voting rights 
-------------  --------------------------  --------------------- 
 Direct         Direct          Indirect    Direct    Indirect 
-------------  --------------  ----------  --------  ----------- 
 45,166,542     45,166,542                  7.02% 
-------------  --------------  ----------  --------  -----------

B: Qualifying Financial Instruments

 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------- 
 Type of      Expiration   Exercise/Conversion/Period   Number of    % of voting 
 financial     date         Date                        voting        rights 
 instrument                                             rights 
                                                        that may 
                                                        be 
                                                        acquired 
                                                        if the 
                                                        instrument 
                                                        is 
                                                        exercised/ 
                                                        converted 
-----------  -----------  ---------------------------  -----------  ------------

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of      Exercise   Expiration   Exercise/Conversion/Period   Number of    % of voting 
 financial     price      date         Date                        voting        rights 
 instrument                                                        rights 
                                                                   that may 
                                                                   be 
                                                                   acquired 
                                                                   if the 
                                                                   instrument 
                                                                   is 
                                                                   exercised/ 
                                                                   converted 
-----------  ---------  -----------  ---------------------------  -----------  ---------------- 
                                                                                Nominal   Delta 
-----------  ---------  -----------  ---------------------------  -----------  --------  ------

Total (A+B+C)

 
 Number of voting rights   % of voting rights 
------------------------  ------------------- 
 45,166,542                7.02% 
------------------------  -------------------

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Morgan Stanley Securities Ltd 45,166,542 7.02%

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

14. Contact name:

Claire Stewart, Deputy Company Secretary