(PUB.L) Punch Taverns PLC Buy/Sell

RNS Number : 7827B Shepherd Neame Limited 02 November 2009

Shepherd Neame Limited

The following share transactions have been notified to the Company:

On 29 October the Company approved the acquisition by Mr G H A Barnes of 1,550 "B" Ordinary Shares in the Company at a price of 50 pence per share.

Shepherd Neame "B" Ordinary Shares, each with a nominal value of 2p, are not traded on any exchange and transfers can only take place between direct descendants of Percy Beale Neame and in accordance with the Company's Articles of Association.

There are currently 68,000,000 "B" Ordinary Shares in issue and the transaction above formed part of a sale of 50,000 "B" shares approved by the Board on 29 October 2009.

As a result of the above transaction the beneficial interest in "B" Ordinary Shares held by Mr G H A Barnes and his connected parties remained unchanged at 0.09%.

In addition, on 30 October 2009, Mr M H Templeman notified the Company that on that date he acquired 1,922 "A" Ordinary Shares at an average price of £8.85 per share. This transaction was approved by the Board on that date. Mr Templeman had no previous shareholding in the Company and this transaction results in a beneficial holding of under 0.02% of the "A" Ordinary Share Capital.

The Directors of Shepherd Neame Limited accept responsibility for this announcement.

2 November 2009

This information is provided by RNS The company news service from the London Stock Exchange

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