18 November 2020
Dechra Pharmaceuticals PLC
Notification of Transactions by Persons Discharging Managerial Responsibilities
On 17 November 2020, Dechra Pharmaceuticals PLC (Dechra or the Company) was notified by a Director of the Company and Persons Discharging Managerial Responsibilities (PDMR) that he had completed the sale of part of his beneficial interest in Dechra.
Ian Page, Chief Executive Officer, has sold 300,000 ordinary shares in the Company as part of his long term personal financial planning. Ian has also informed the Company that he has no plans to make further sales of his holding in the Company for a period of at least 12 months. Ian's continued participation in the Company LTIP further ensures his alignment and ongoing commitment to deliver on the Company's future performance targets.
Following this transaction, Ian continues to retain a beneficial holding of 338,919 which represents 0.314% of the current issued share capital in the Company.
The Notification of Dealing Form set out below is provided in accordance with Article 19.3 of MAR.
1. |
Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA") |
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a) |
Name |
Ian Page |
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2. |
Reason for the notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/amendment |
Initial Notification |
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3. |
Details of the Issuer |
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a) |
Name |
Dechra Pharmaceuticals PLC |
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b) |
LEI code |
213800J4UVB5OWG8VX82 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument Identification code |
Ordinary Shares of 1 pence each ISIN: GB0009633180 |
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b) |
Nature of the transaction |
Sale of Shares |
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c) |
Price(s) and volumes(s) |
Price(s) £34.502 |
Volume(s) 300,000 |
d) |
Aggregated information -Aggregate volume - Price - Total |
300,000 £34.502 £10,350,661.20
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e) |
Date of the transaction |
17 November 2020 |
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f) |
Place of the transaction |
London Stock Exchange |
Enquiries: |
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Dechra Pharmaceuticals PLC |
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Tony Rice, Chairman |
Office: +44 (0) 1606 814 730 |
Ian Page, Chief Executive Officer |
Office: +44 (0) 1606 814 730 |
Paul Sandland, Chief Financial Officer e-mail: corporate.enquiries@dechra.com |
Office: +44 (0) 1606 814 730
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TooleyStreet Communications Ltd |
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Fiona Tooley, Director e-mail: fiona@tooleystreet.com |
Office: +44 (0) 121 309 0099 Mobile: +44 (0) 7785 703 523 |
About Dechra
Dechra is a global specialist veterinary pharmaceuticals and related products business. Our expertise is in the development, manufacture, marketing and sales of high quality products exclusively for veterinarians worldwide. Dechra's business is unique as the majority of its products are used to treat medical conditions for which there is no other effective solution or have a clinical or dosing advantage over competitor products. For more information please visit: www.dechra.com
Trademarks
Dechra and the Dechra "D" logo are registered trademarks of Dechra Pharmaceuticals PLC.