Form 8.3 - Dechra Pharmaceuticals plc

Societe Generale SA

28 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	27/11/2023
(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:	6,656,611	5.84	9,975	0.01
(2)  Cash-settled derivatives:	0	0.00	5,278,730	4.63
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	6,656,611	5.84	5,288,705	4.64

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	190,696	38.24
1p ordinary	Purchase	439	38.22
1p ordinary	Purchase	334	38.22
1p ordinary	Purchase	141	38.22
1p ordinary	Purchase	219	38.22
1p ordinary	Purchase	60	38.22
1p ordinary	Purchase	439	38.22
1p ordinary	Purchase	18	38.22
1p ordinary	Purchase	105	38.22
1p ordinary	Purchase	44	38.24
1p ordinary	Purchase	219	38.22
1p ordinary	Purchase	114	38.22
1p ordinary	Purchase	1,533	38.24
1p ordinary	Purchase	432	38.24
1p ordinary	Purchase	1,855	38.21809
1p ordinary	Sale	63	38.22
1p ordinary	Sale	69	38.22
1p ordinary	Sale	63	38.22
1p ordinary	Sale	153	38.22
1p ordinary	Sale	605	38.22
1p ordinary	Sale	334	38.22
1p ordinary	Sale	39	38.22
1p ordinary	Sale	1,786	38.22
1p ordinary	Sale	219	38.22
1p ordinary	Sale	392	38.22
1p ordinary	Sale	948	38.22
1p ordinary	Sale	49	38.22
1p ordinary	Sale	41,530	38.22
1p ordinary	Sale	60	38.22
1p ordinary	Sale	2	38.24
1p ordinary	Sale	2	38.24
1p ordinary	Sale	2	38.24
1p ordinary	Sale	12	38.24
1p ordinary	Sale	27	38.24
1p ordinary	Sale	31	38.24
1p ordinary	Sale	36	38.24
1p ordinary	Sale	41	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	65	38.24
1p ordinary	Sale	66	38.24
1p ordinary	Sale	71	38.24
1p ordinary	Sale	71	38.24
1p ordinary	Sale	72	38.24
1p ordinary	Sale	72	38.24
1p ordinary	Sale	82	38.24
1p ordinary	Sale	84	38.24
1p ordinary	Sale	84	38.24
1p ordinary	Sale	96	38.24
1p ordinary	Sale	99	38.24
1p ordinary	Sale	100	38.24
1p ordinary	Sale	104	38.24
1p ordinary	Sale	104	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	116	38.24
1p ordinary	Sale	116	38.24
1p ordinary	Sale	120	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	128	38.24
1p ordinary	Sale	156	38.24
1p ordinary	Sale	161	38.24
1p ordinary	Sale	213	38.24
1p ordinary	Sale	262	38.24
1p ordinary	Sale	380	38.24
1p ordinary	Sale	1	38.24
1p ordinary	Sale	4	38.24
1p ordinary	Sale	6	38.24
1p ordinary	Sale	6	38.24
1p ordinary	Sale	10	38.24
1p ordinary	Sale	37	38.24
1p ordinary	Sale	40	38.24
1p ordinary	Sale	43	38.24
1p ordinary	Sale	47	38.24
1p ordinary	Sale	47	38.24
1p ordinary	Sale	60	38.24
1p ordinary	Sale	66	38.24
1p ordinary	Sale	68	38.24
1p ordinary	Sale	69	38.24
1p ordinary	Sale	78	38.24
1p ordinary	Sale	100	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	113	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	1	38.24
1p ordinary	Sale	1	38.24
1p ordinary	Sale	2	38.24
1p ordinary	Sale	3	38.24
1p ordinary	Sale	3	38.24
1p ordinary	Sale	6	38.24
1p ordinary	Sale	11	38.24
1p ordinary	Sale	12	38.24
1p ordinary	Sale	16	38.24
1p ordinary	Sale	19	38.24
1p ordinary	Sale	19	38.24
1p ordinary	Sale	21	38.24
1p ordinary	Sale	21	38.24
1p ordinary	Sale	25	38.24
1p ordinary	Sale	28	38.24
1p ordinary	Sale	29	38.24
1p ordinary	Sale	32	38.24
1p ordinary	Sale	33	38.24
1p ordinary	Sale	33	38.24
1p ordinary	Sale	38	38.24
1p ordinary	Sale	66	38.24
1p ordinary	Sale	74	38.24
1p ordinary	Sale	78	38.24
1p ordinary	Sale	79	38.24
1p ordinary	Sale	83	38.24
1p ordinary	Sale	87	38.24
1p ordinary	Sale	89	38.24
1p ordinary	Sale	96	38.24
1p ordinary	Sale	99	38.24
1p ordinary	Sale	103	38.24
1p ordinary	Sale	103	38.24
1p ordinary	Sale	104	38.24
1p ordinary	Sale	104	38.24
1p ordinary	Sale	105	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	108	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	109	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	110	38.24
1p ordinary	Sale	112	38.24
1p ordinary	Sale	112	38.24
1p ordinary	Sale	113	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	114	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	115	38.24
1p ordinary	Sale	116	38.24
1p ordinary	Sale	116	38.24
1p ordinary	Sale	116	38.24
1p ordinary	Sale	116	38.24
1p ordinary	Sale	117	38.24
1p ordinary	Sale	117	38.24
1p ordinary	Sale	120	38.24
1p ordinary	Sale	120	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	121	38.24
1p ordinary	Sale	122	38.24
1p ordinary	Sale	127	38.24
1p ordinary	Sale	127	38.24
1p ordinary	Sale	127	38.24
1p ordinary	Sale	193	38.24
1p ordinary	Sale	327	38.24
1p ordinary	Sale	432	38.24

(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	Increasing a long position	190,696	38.24

(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:	28/11/2023
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