Form 8.5 (EPT/RI)- Dechra Pharmaceuticals plc

Morgan Stanley & Co. Int'l plc

05 October 2023

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Dechra Pharmaceuticals plc
(c) Name of the party to the offer with which exempt principal trader is connected:	EQT (EQT X EUR SCSp and EQT X USD SCSp)
(d) Date dealing undertaken:	04 October 2023
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(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	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
1p ordinary	SALES	130,396	37.9165 GBP	37.7820 GBP
1p ordinary	PURCHASES	70,361	37.9204 GBP	37.7915 GBP

(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
1p ordinary	CFD	increasing a long position	332	37.7820 GBP
1p ordinary	CFD	increasing a long position	540	37.7989 GBP
1p ordinary	CFD	increasing a long position	185	37.8136 GBP
1p ordinary	CFD	increasing a long position	220	37.8230 GBP
1p ordinary	CFD	increasing a long position	1,390	37.8280 GBP
1p ordinary	CFD	increasing a long position	525	37.8366 GBP
1p ordinary	CFD	increasing a long position	2,042	37.8800 GBP
1p ordinary	CFD	increasing a long position	88	37.8800 GBP
1p ordinary	CFD	increasing a long position	23,696	37.8800 GBP
1p ordinary	CFD	increasing a short position	3,119	37.8695 GBP
1p ordinary	CFD	increasing a short position	313	37.8695 GBP
1p ordinary	CFD	increasing a short position	2,520	37.8780 GBP
1p ordinary	CFD	increasing a short position	3,046	37.8780 GBP
1p ordinary	CFD	reducing a long position	1,840	37.8419 GBP
1p ordinary	CFD	reducing a long position	473	37.8569 GBP
1p ordinary	CFD	reducing a long position	7,365	37.8642 GBP
1p ordinary	CFD	reducing a long position	3,844	37.8800 GBP
1p ordinary	CFD	reducing a long position	24	37.8800 GBP
1p ordinary	CFD	reducing a long position	46	37.8800 GBP
1p ordinary	CFD	reducing a long position	30	37.8800 GBP
1p ordinary	CFD	reducing a long position	193	37.8932 GBP
1p ordinary	CFD	reducing a short position	63	37.8326 GBP
1p ordinary	CFD	reducing a short position	801	37.8326 GBP
1p ordinary	CFD	reducing a short position	2,061	37.8326 GBP
1p ordinary	CFD	reducing a short position	897	37.8326 GBP
1p ordinary	CFD	reducing a short position	41,099	37.8340 GBP
1p ordinary	CFD	reducing a short position	19,662	37.8649 GBP
1p ordinary	CFD	reducing a short position	4	37.8650 GBP
1p ordinary	CFD	reducing a short position	2,279	37.8800 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A	N/A

(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)
N/A	N/A	N/A	N/A

3.         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 exempt principal trader 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 exempt principal trader 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

Date of disclosure:	05 October 2023
Contact name:	Craig Horsley
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 dealing disclosure requirements on [phone].

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

 

END