Form 8.3 - Dechra Pharmaceuticals plc

Societe Generale SA

02 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	01/11/2023
(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:	6,796,030	5.97	12,545	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:	6,796,030	5.97	5,100,579	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	38
1p ordinary	Purchase	439	38
1p ordinary	Purchase	439	38
1p ordinary	Purchase	1	37.92
1p ordinary	Purchase	1	37.92
1p ordinary	Purchase	2	37.88
1p ordinary	Purchase	7	37.92
1p ordinary	Purchase	11	37.9
1p ordinary	Purchase	16	37.86
1p ordinary	Purchase	16	37.9
1p ordinary	Purchase	19	37.88
1p ordinary	Purchase	27	37.92
1p ordinary	Purchase	33	37.86
1p ordinary	Purchase	39	37.88
1p ordinary	Purchase	42	37.88
1p ordinary	Purchase	49	37.9
1p ordinary	Purchase	51	37.86
1p ordinary	Purchase	51	37.9
1p ordinary	Purchase	53	37.9
1p ordinary	Purchase	55	37.84
1p ordinary	Purchase	58	37.88
1p ordinary	Purchase	58	37.88
1p ordinary	Purchase	58	37.92
1p ordinary	Purchase	59	37.88
1p ordinary	Purchase	59	37.9
1p ordinary	Purchase	59	37.92
1p ordinary	Purchase	59	37.92
1p ordinary	Purchase	60	37.86
1p ordinary	Purchase	60	37.86
1p ordinary	Purchase	62	37.88
1p ordinary	Purchase	63	37.88
1p ordinary	Purchase	65	37.86
1p ordinary	Purchase	65	37.88
1p ordinary	Purchase	65	37.96
1p ordinary	Purchase	66	37.9
1p ordinary	Purchase	69	37.9
1p ordinary	Purchase	70	37.94
1p ordinary	Purchase	74	37.9
1p ordinary	Purchase	79	37.88
1p ordinary	Purchase	79	37.92
1p ordinary	Purchase	81	37.9
1p ordinary	Purchase	87	37.88
1p ordinary	Purchase	87	37.92
1p ordinary	Purchase	89	37.86
1p ordinary	Purchase	89	37.92
1p ordinary	Purchase	93	37.88
1p ordinary	Purchase	95	37.9
1p ordinary	Purchase	97	37.88
1p ordinary	Purchase	100	37.86
1p ordinary	Purchase	100	37.92
1p ordinary	Purchase	103	37.9
1p ordinary	Purchase	110	37.88
1p ordinary	Purchase	114	37.9
1p ordinary	Purchase	116	37.88
1p ordinary	Purchase	122	37.92
1p ordinary	Purchase	130	37.9
1p ordinary	Purchase	135	37.84
1p ordinary	Purchase	138	37.92
1p ordinary	Purchase	169	37.86
1p ordinary	Purchase	169	37.92
1p ordinary	Purchase	171	37.86
1p ordinary	Purchase	180	37.9
1p ordinary	Purchase	181	37.92
1p ordinary	Purchase	192	37.84
1p ordinary	Purchase	200	37.88
1p ordinary	Purchase	223	37.86
1p ordinary	Purchase	261	37.9
1p ordinary	Purchase	290	37.88
1p ordinary	Purchase	310	37.86
1p ordinary	Purchase	336	37.92
1p ordinary	Purchase	1	37.9
1p ordinary	Purchase	43	37.92
1p ordinary	Purchase	144	37.9
1p ordinary	Purchase	239	37.86
1p ordinary	Purchase	1	37.9
1p ordinary	Purchase	1	37.9
1p ordinary	Purchase	1	37.9
1p ordinary	Purchase	1	37.92
1p ordinary	Purchase	2	37.84
1p ordinary	Purchase	2	37.88
1p ordinary	Purchase	18	37.9
1p ordinary	Purchase	57	37.9
1p ordinary	Purchase	65	37.96
1p ordinary	Purchase	67	37.86
1p ordinary	Purchase	70	37.84
1p ordinary	Purchase	70	37.86
1p ordinary	Purchase	70	37.86
1p ordinary	Purchase	70	37.88
1p ordinary	Purchase	70	37.88
1p ordinary	Purchase	70	37.9
1p ordinary	Purchase	70	37.9
1p ordinary	Purchase	70	37.9
1p ordinary	Purchase	70	37.92
1p ordinary	Purchase	100	37.9
1p ordinary	Purchase	163	37.86
1p ordinary	Purchase	164	37.86
1p ordinary	Purchase	313	37.9
1p ordinary	Purchase	14	37.86
1p ordinary	Purchase	35	37.86
1p ordinary	Purchase	37	37.9
1p ordinary	Purchase	45	37.86
1p ordinary	Purchase	97	37.92
1p ordinary	Purchase	110	37.92
1p ordinary	Purchase	115	37.86
1p ordinary	Purchase	115	37.88
1p ordinary	Purchase	127	37.92
1p ordinary	Purchase	149	37.88
1p ordinary	Purchase	155	37.9
1p ordinary	Purchase	167	37.88
1p ordinary	Purchase	172	37.86
1p ordinary	Purchase	181	37.92
1p ordinary	Purchase	182	37.94
1p ordinary	Purchase	183	37.92
1p ordinary	Purchase	184	37.84
1p ordinary	Purchase	185	37.88
1p ordinary	Purchase	189	37.92
1p ordinary	Purchase	226	37.86
1p ordinary	Purchase	239	37.92
1p ordinary	Purchase	262	37.96
1p ordinary	Purchase	263	37.88
1p ordinary	Purchase	270	37.9
1p ordinary	Purchase	274	37.86
1p ordinary	Purchase	285	37.86
1p ordinary	Purchase	289	37.9
1p ordinary	Purchase	869	37.92
1p ordinary	Purchase	107	38
1p ordinary	Purchase	129	38
1p ordinary	Purchase	129	38
1p ordinary	Purchase	151	38
1p ordinary	Purchase	198	38
1p ordinary	Purchase	236	38
1p ordinary	Purchase	236	38
1p ordinary	Purchase	246	38
1p ordinary	Purchase	487	38
1p ordinary	Purchase	609	38
1p ordinary	Purchase	655	38
1p ordinary	Purchase	857	38
1p ordinary	Purchase	1,250	38
1p ordinary	Purchase	1,286	38
1p ordinary	Purchase	1,318	38
1p ordinary	Purchase	1,584	38
1p ordinary	Purchase	4,331	38
1p ordinary	Purchase	7,216	38
1p ordinary	Purchase	458,795	38
1p ordinary	Sale	60	37.96
1p ordinary	Sale	115	37.94
1p ordinary	Sale	115	37.96
1p ordinary	Sale	115	38
1p ordinary	Sale	246	38
1p ordinary	Sale	370	37.96

(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	Equity linked swap	Opening a short position	458,795	38

(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:	02/11/2023
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