Form 8.3 - Dechra Pharmaceuticals plc

Societe Generale SA

18 September 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:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor, and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Dechra Pharmaceuticals plc
(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:      For an opening position disclosure, state the latest practicable date prior to the disclosure	15/09/2023
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	NO

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	7,459,584	6.55	4,501	0.00
(2) Cash-settled derivatives:	0	0.00	4,667,578	4.10
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	7,459,584	6.55	4,672,079	4.10

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
1p ordinary	Purchase	89	38.12
1p ordinary	Purchase	290	38.12
1p ordinary	Purchase	1,029	38.12
1p ordinary	Purchase	19,573	38.12
1p ordinary	Purchase	20,179	38.12
1p ordinary	Purchase	71	38.1
1p ordinary	Purchase	58	38.12
1p ordinary	Purchase	65	38.12
1p ordinary	Purchase	168	38.14
1p ordinary	Purchase	25	38.12
1p ordinary	Purchase	34	38.12
1p ordinary	Purchase	179	38.12
1p ordinary	Purchase	273	38.12
1p ordinary	Purchase	328	38.12
1p ordinary	Purchase	402	38.12
1p ordinary	Purchase	506	38.12
1p ordinary	Purchase	751	38.12
1p ordinary	Purchase	1,099	38.12
1p ordinary	Purchase	1,130	38.12
1p ordinary	Purchase	1,324	38.12
1p ordinary	Purchase	1,500	38.12
1p ordinary	Purchase	2,446	38.12
1p ordinary	Purchase	3,291	38.12
1p ordinary	Purchase	5,423	38.12
1p ordinary	Purchase	5,516	38.12
1p ordinary	Purchase	12,382	38.12
1p ordinary	Purchase	13,420	38.12
1p ordinary	Purchase	13,890	38.12
1p ordinary	Purchase	14,160	38.12
1p ordinary	Purchase	19,436	38.12
1p ordinary	Purchase	22,300	38.12
1p ordinary	Purchase	27,885	38.12
1p ordinary	Purchase	34,008	38.12
1p ordinary	Purchase	12	38.1
1p ordinary	Purchase	18	38.08
1p ordinary	Purchase	1	38.08
1p ordinary	Purchase	13	38.08
1p ordinary	Purchase	15	38.08
1p ordinary	Purchase	12	38.08
1p ordinary	Purchase	12	38.08
1p ordinary	Purchase	15	38.08
1p ordinary	Sale	26,362	38.11733
1p ordinary	Sale	2,250	38.12191
1p ordinary	Sale	290	38.12188
1p ordinary	Sale	552	38.12057
1p ordinary	Sale	34	38.12057
1p ordinary	Sale	37,521	38.12191

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
1p ordinary	CFD	Reducing a short position	26,362	38.11733

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	18/09/2023
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END