Form 8.3 - DECHRA PHARMACEUTICALS PLC

Barclays PLC

13 December 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:				12 Dec 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:			7,532,693	6.61%	976,715	0.86%
(2)	Cash-settled derivatives:
	and/or controlled:			954,018	0.84%	7,457,029	6.55%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			8,486,711	7.45%	8,433,744	7.40%
(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		47,000		38.3591  GBP
1p ordinary		Purchase		17,814		38.3617  GBP
1p ordinary		Purchase		7,953		38.3846  GBP
1p ordinary		Purchase		7,260		38.3380  GBP
1p ordinary		Purchase		5,238		38.3400  GBP
1p ordinary		Purchase		2,799		38.3867  GBP
1p ordinary		Purchase		480		38.3800  GBP
1p ordinary		Purchase		307		38.3600  GBP
1p ordinary		Purchase		282		38.3675  GBP
1p ordinary		Purchase		24		38.3813  GBP
1p ordinary		Purchase		8		38.3700  GBP
1p ordinary		Sale		61,219		38.3400  GBP
1p ordinary		Sale		7,989		38.3593  GBP
1p ordinary		Sale		3,040		38.3574  GBP
1p ordinary		Sale		2,055		38.3600  GBP
1p ordinary		Sale		721		38.3536  GBP
1p ordinary		Sale		156		38.3415  GBP
1p ordinary		Sale		6		38.3633  GBP
1p ordinary		Sale		3		38.3611  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		Decreasing Long		14	38.3507  GBP
1p ordinary		SWAP		Decreasing Long		1,382	38.3400  GBP
1p ordinary		SWAP		Decreasing Short		156	38.3415  GBP
1p ordinary		SWAP		Decreasing Short		207	38.3600  GBP
1p ordinary		CFD		Decreasing Short		721	38.3536  GBP
1p ordinary		SWAP		Decreasing Short		1,804	38.3423  GBP
1p ordinary		CFD		Decreasing Short		5,035	38.3609  GBP
1p ordinary		SWAP		Decreasing Short		50,697	38.3400  GBP
1p ordinary		SWAP		Increasing Long		13	38.3538  GBP
1p ordinary		SWAP		Increasing Long		6,029	38.3579  GBP
1p ordinary		SWAP		Increasing Short		3	38.3705  GBP
1p ordinary		SWAP		Increasing Short		23	38.3478  GBP
1p ordinary		SWAP		Increasing Short		24	38.3813  GBP
1p ordinary		SWAP		Increasing Short		222	38.3400  GBP
1p ordinary		SWAP		Increasing Short		363	38.3800  GBP
1p ordinary		SWAP		Increasing Short		2,813	38.3410  GBP
1p ordinary		SWAP		Increasing Short		4,554	38.3604  GBP
1p ordinary		SWAP		Increasing Short		7,953	38.3846  GBP
1p ordinary		SWAP		Increasing Short		12,146	38.3753  GBP
1p ordinary		SWAP		Increasing Short		47,000	38.3591  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:				13 Dec 2023
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END