Form 8.3 - Dechra Pharmaceuticals plc

Societe Generale SA

06 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:	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	03/11/2023
(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:	6,737,618	5.92	10,002	0.01
(2)  Cash-settled derivatives:	0	0.00	5,088,034	4.47
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	6,737,618	5.92	5,098,036	4.48

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	439	37.86
1p ordinary	Purchase	115	37.82
1p ordinary	Sale	877	37.86
1p ordinary	Sale	877	37.86
1p ordinary	Sale	439	37.86
1p ordinary	Sale	88	37.86
1p ordinary	Sale	877	37.86
1p ordinary	Sale	277	37.86
1p ordinary	Sale	877	37.86
1p ordinary	Sale	439	37.86
1p ordinary	Sale	162	37.86
1p ordinary	Sale	439	37.86
1p ordinary	Sale	9	37.84
1p ordinary	Sale	11	37.8
1p ordinary	Sale	28	37.8
1p ordinary	Sale	59	37.8
1p ordinary	Sale	62	37.8
1p ordinary	Sale	65	37.8
1p ordinary	Sale	80	37.8
1p ordinary	Sale	100	37.82
1p ordinary	Sale	100	37.82
1p ordinary	Sale	100	37.82
1p ordinary	Sale	118	37.82
1p ordinary	Sale	119	37.84
1p ordinary	Sale	142	37.82
1p ordinary	Sale	142	37.82
1p ordinary	Sale	163	37.84
1p ordinary	Sale	100	37.8
1p ordinary	Sale	210	37.8
1p ordinary	Sale	35	37.82
1p ordinary	Sale	36	37.82
1p ordinary	Sale	48	37.8
1p ordinary	Sale	62	37.8
1p ordinary	Sale	70	37.8
1p ordinary	Sale	100	37.82
1p ordinary	Sale	164	37.82
1p ordinary	Sale	9	37.82
1p ordinary	Sale	24	37.88
1p ordinary	Sale	50	37.82
1p ordinary	Sale	115	37.86
1p ordinary	Sale	115	37.88
1p ordinary	Sale	115	37.88
1p ordinary	Sale	115	37.9
1p ordinary	Sale	115	37.92
1p ordinary	Sale	122	37.86
1p ordinary	Sale	131	37.88
1p ordinary	Sale	155	37.8
1p ordinary	Sale	155	37.82
1p ordinary	Sale	155	37.82
1p ordinary	Sale	155	37.84
1p ordinary	Sale	155	37.86
1p ordinary	Sale	156	37.8
1p ordinary	Sale	156	37.86
1p ordinary	Sale	158	37.82
1p ordinary	Sale	165	37.86
1p ordinary	Sale	172	37.84
1p ordinary	Sale	188	37.86
1p ordinary	Sale	228	37.82
1p ordinary	Sale	240	37.82
1p ordinary	Sale	275	37.84
1p ordinary	Sale	289	37.84
1p ordinary	Sale	300	37.84
1p ordinary	Sale	500	37.84
1p ordinary	Sale	674	37.84
1p ordinary	Sale	1,200	37.84
1p ordinary	Sale	1,656	37.86
1p ordinary	Sale	1	37.86
1p ordinary	Sale	2	37.86
1p ordinary	Sale	97	37.86
1p ordinary	Sale	284	37.86
1p ordinary	Sale	407	37.86
1p ordinary	Sale	415	37.86
1p ordinary	Sale	439	37.86
1p ordinary	Sale	535	37.86
1p ordinary	Sale	751	37.86
1p ordinary	Sale	820	37.86
1p ordinary	Sale	1,262	37.86
1p ordinary	Sale	1,533	37.86
1p ordinary	Sale	2,088	37.86
1p ordinary	Sale	5,883	37.86
1p ordinary	Sale	11,617	37.86
1p ordinary	Sale	2	37.82
1p ordinary	Sale	9	37.84
1p ordinary	Sale	11	37.88
1p ordinary	Sale	12	37.84
1p ordinary	Sale	13	37.84
1p ordinary	Sale	13	37.86
1p ordinary	Sale	18	37.86
1p ordinary	Sale	19	37.84
1p ordinary	Sale	21	37.88
1p ordinary	Sale	50	37.88
1p ordinary	Sale	51	37.88
1p ordinary	Sale	53	37.88
1p ordinary	Sale	58	37.88
1p ordinary	Sale	63	37.88
1p ordinary	Sale	71	37.88
1p ordinary	Sale	77	37.86
1p ordinary	Sale	85	37.84
1p ordinary	Sale	99	37.88
1p ordinary	Sale	100	37.84
1p ordinary	Sale	103	37.82
1p ordinary	Sale	104	37.84
1p ordinary	Sale	105	37.88
1p ordinary	Sale	106	37.86
1p ordinary	Sale	108	37.82
1p ordinary	Sale	108	37.82
1p ordinary	Sale	108	37.86
1p ordinary	Sale	109	37.88
1p ordinary	Sale	109	37.88
1p ordinary	Sale	109	37.88
1p ordinary	Sale	111	37.82
1p ordinary	Sale	114	37.92
1p ordinary	Sale	115	37.88
1p ordinary	Sale	115	37.9
1p ordinary	Sale	116	37.82
1p ordinary	Sale	123	37.86
1p ordinary	Sale	123	37.86
1p ordinary	Sale	137	37.88
1p ordinary	Sale	170	37.88
1p ordinary	Sale	271	37.88

(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

(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:	06/11/2023
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