Form 8.3 - DECHRA PHARMACEUTICALS PLC

Barclays PLC

09 November 2023

 

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				DECHRA PHARMACEUTICALS PLC
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				08 Nov 2023
(f)	In addition to the company in 1(c) above, is the discloser making				NO
	disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			7,405,067	6.50%	2,721,784	2.39%
(2)	Cash-settled derivatives:
	and/or controlled:			1,229,412	1.08%	7,323,554	6.43%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			8,634,479	7.58%	10,045,338	8.82%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
1p ordinary		Purchase		20,670		37.8160  GBP
1p ordinary		Purchase		15,590		37.8000  GBP
1p ordinary		Purchase		13,679		37.8100  GBP
1p ordinary		Purchase		5,962		37.8183  GBP
1p ordinary		Purchase		5,000		37.8064  GBP
1p ordinary		Purchase		3,009		37.8157  GBP
1p ordinary		Purchase		1,260		37.8029  GBP
1p ordinary		Purchase		346		37.8393  GBP
1p ordinary		Purchase		257		37.8047  GBP
1p ordinary		Purchase		204		37.8074  GBP
1p ordinary		Purchase		136		37.7600  GBP
1p ordinary		Sale		77,617		37.7972  GBP
1p ordinary		Sale		21,608		37.7800  GBP
1p ordinary		Sale		17,189		37.8000  GBP
1p ordinary		Sale		7,643		37.8028  GBP
1p ordinary		Sale		4,794		37.8280  GBP
1p ordinary		Sale		4,094		37.8126  GBP
1p ordinary		Sale		3,864		37.7901  GBP
1p ordinary		Sale		2,420		37.7835  GBP
1p ordinary		Sale		2,090		37.7985  GBP
1p ordinary		Sale		1,918		37.8095  GBP
1p ordinary		Sale		762		37.7924  GBP
1p ordinary		Sale		554		37.7600  GBP
1p ordinary		Sale		404		37.7931  GBP
1p ordinary		Sale		376		37.8057  GBP
1p ordinary		Sale		261		37.7714  GBP
1p ordinary		Sale		166		37.7700  GBP
1p ordinary		Sale		65		37.7570  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Long		65	37.7571  GBP
1p ordinary		SWAP		Long		1,513	37.8352  GBP
1p ordinary		SWAP		Long		1,918	37.8095  GBP
1p ordinary		SWAP		Long		2,570	37.7628  GBP
1p ordinary		SWAP		Long		2,581	37.7993  GBP
1p ordinary		SWAP		Long		2,775	37.7887  GBP
1p ordinary		SWAP		Long		4,480	37.8262  GBP
1p ordinary		SWAP		Long		5,000	37.7902  GBP
1p ordinary		SWAP		Long		7,904	37.8027  GBP
1p ordinary		SWAP		Long		21,608	37.7800  GBP
1p ordinary		SWAP		Long		77,617	37.7972  GBP
1p ordinary		SWAP		Short		136	37.7600  GBP
1p ordinary		SWAP		Short		257	37.8047  GBP
1p ordinary		SWAP		Short		316	37.8037  GBP
1p ordinary		SWAP		Short		531	37.8070  GBP
1p ordinary		SWAP		Short		1,115	37.7830  GBP
1p ordinary		SWAP		Short		3,917	37.8483  GBP
1p ordinary		CFD		Short		4,951	37.8000  GBP
1p ordinary		SWAP		Short		5,000	37.8064  GBP
1p ordinary		SWAP		Short		5,962	37.8183  GBP
1p ordinary		SWAP		Short		8,299	37.8232  GBP
1p ordinary		SWAP		Short		10,000	37.8030  GBP
1p ordinary		SWAP		Short		10,898	37.8031  GBP
1p ordinary		SWAP		Short		13,363	37.8101  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)
4.				OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the exempt principal trader making the disclosure and any party
to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				09 Nov 2023
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END