Form 8.3 - Dechra Pharmaceuticals plc

Barclays PLC

27 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:				22 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:			8,251,180	7.24%	850,970	0.75%
(2)	Cash-settled derivatives:
	and/or controlled:			847,673	0.74%	8,181,489	7.18%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			9,098,853	7.99%	9,032,459	7.93%
(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		1,708,730		38.4209  GBP
1p ordinary		Purchase		300,000		38.4715  GBP
1p ordinary		Purchase		14,254		38.5211  GBP
1p ordinary		Purchase		9,864		38.5043  GBP
1p ordinary		Purchase		9,633		38.5196  GBP
1p ordinary		Purchase		6,993		38.5400  GBP
1p ordinary		Purchase		5,640		38.5993  GBP
1p ordinary		Purchase		5,627		38.5593  GBP
1p ordinary		Purchase		4,362		38.5012  GBP
1p ordinary		Purchase		2,295		38.4851  GBP
1p ordinary		Purchase		2,242		38.5200  GBP
1p ordinary		Purchase		1,258		38.6000  GBP
1p ordinary		Purchase		382		38.4600  GBP
1p ordinary		Purchase		143		38.5272  GBP
1p ordinary		Purchase		4		38.5800  GBP
1p ordinary		Purchase		4		38.5600  GBP
1p ordinary		Sale		75,000		38.5607  GBP
1p ordinary		Sale		6,085		38.4200  GBP
1p ordinary		Sale		2,153		38.4955  GBP
1p ordinary		Sale		1,514		38.5200  GBP
1p ordinary		Sale		1,188		38.6000  GBP
1p ordinary		Sale		1,180		38.4979  GBP
1p ordinary		Sale		266		38.4400  GBP
1p ordinary		Sale		100		38.4600  GBP
1p ordinary		Sale		81		38.5000  GBP
1p ordinary		Sale		31		38.5219  GBP
1p ordinary		Sale		1		38.5161  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		Closing Short		940	38.4866  GBP
1p ordinary		SWAP		Decreasing Long		7,238	38.5100  GBP
1p ordinary		SWAP		Decreasing Short		1	38.5161  GBP
1p ordinary		SWAP		Decreasing Short		266	38.4400  GBP
1p ordinary		SWAP		Decreasing Short		730	38.4877  GBP
1p ordinary		SWAP		Decreasing Short		1,844	38.5013  GBP
1p ordinary		SWAP		Decreasing Short		6,085	38.4200  GBP
1p ordinary		SWAP		Decreasing Short		75,000	38.5607  GBP
1p ordinary		CFD		Increasing Short		183	38.5256  GBP
1p ordinary		SWAP		Increasing Short		382	38.4600  GBP
1p ordinary		SWAP		Increasing Short		595	38.4200  GBP
1p ordinary		SWAP		Increasing Short		605	38.5540  GBP
1p ordinary		CFD		Increasing Short		1,188	38.6000  GBP
1p ordinary		CFD		Increasing Short		5,627	38.5592  GBP
1p ordinary		CFD		Increasing Short		5,640	38.5992  GBP
1p ordinary		SWAP		Increasing Short		6,965	38.4776  GBP
1p ordinary		SWAP		Increasing Short		7,185	38.5433  GBP
1p ordinary		SWAP		Increasing Short		9,633	38.5196  GBP
1p ordinary		SWAP		Increasing Short		14,254	38.5211  GBP
1p ordinary		SWAP		Opening Short		17	38.5452  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:				27 Dec 2023
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END