Form 8.3 - Dechra Pharmaceuticals plc

Societe Generale SA

21 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:	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	20/12/2023
(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:	6,816,839	5.98	80,848	0.07
(2)  Cash-settled derivatives:	0	0.00	*5,094,675	4.47
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	6,816,839	5.98	5,175,523	4.54

*The change in the holding of 458,795 shares is due to a derivative which is referenced to a basket of securities becoming disclosable for the purpose of the code.

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	220	38.4
1p ordinary	Purchase	44	38.48
1p ordinary	Purchase	15	38.48
1p ordinary	Purchase	440	38.4
1p ordinary	Purchase	44	38.48
1p ordinary	Purchase	8	38.48
1p ordinary	Purchase	88	38.48
1p ordinary	Purchase	440	38.4
1p ordinary	Purchase	29	38.48
1p ordinary	Purchase	440	38.4
1p ordinary	Purchase	36	38.48
1p ordinary	Purchase	68	38.44
1p ordinary	Purchase	72	38.46
1p ordinary	Purchase	76	38.46
1p ordinary	Purchase	163	38.46
1p ordinary	Purchase	620	38.46
1p ordinary	Purchase	97	38.44
1p ordinary	Purchase	204	38.44
1p ordinary	Purchase	131	38.44
1p ordinary	Purchase	173	38.44
1p ordinary	Purchase	207	38.44
1p ordinary	Purchase	152	38.42
1p ordinary	Purchase	152	38.44
1p ordinary	Purchase	152	38.44
1p ordinary	Purchase	398	38.4
1p ordinary	Purchase	1,326	38.44
1p ordinary	Purchase	419	38.42
1p ordinary	Sale	220	38.4
1p ordinary	Sale	48	38.42
1p ordinary	Sale	152	38.42
1p ordinary	Sale	209	38.42
1p ordinary	Sale	411	38.42
1p ordinary	Sale	175	38.44
1p ordinary	Sale	204	38.42
1p ordinary	Sale	500	38.44
1p ordinary	Sale	81	38.44
1p ordinary	Sale	130	38.42
1p ordinary	Sale	200	38.42
1p ordinary	Sale	1	38.4
1p ordinary	Sale	31	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	44	38.4
1p ordinary	Sale	75	38.4
1p ordinary	Sale	89	38.4
1p ordinary	Sale	89	38.4
1p ordinary	Sale	89	38.4
1p ordinary	Sale	220	38.4
1p ordinary	Sale	375	38.4
1p ordinary	Sale	388	38.4
1p ordinary	Sale	403	38.4
1p ordinary	Sale	419	38.4
1p ordinary	Sale	440	38.4
1p ordinary	Sale	440	38.4
1p ordinary	Sale	440	38.4
1p ordinary	Sale	514	38.4
1p ordinary	Sale	542	38.4
1p ordinary	Sale	1,157	38.4
1p ordinary	Sale	1,434	38.4
1p ordinary	Sale	1,644	38.4
1p ordinary	Sale	1,644	38.4
1p ordinary	Sale	2,405	38.4
1p ordinary	Sale	3,270	38.4
1p ordinary	Sale	3,944	38.4
1p ordinary	Sale	2	38.44
1p ordinary	Sale	2	38.44
1p ordinary	Sale	3	38.44
1p ordinary	Sale	3	38.44
1p ordinary	Sale	3	38.44
1p ordinary	Sale	3	38.44
1p ordinary	Sale	4	38.44
1p ordinary	Sale	5	38.44
1p ordinary	Sale	5	38.44
1p ordinary	Sale	6	38.44
1p ordinary	Sale	6	38.44
1p ordinary	Sale	7	38.44
1p ordinary	Sale	7	38.44
1p ordinary	Sale	8	38.44
1p ordinary	Sale	9	38.44
1p ordinary	Sale	9	38.44
1p ordinary	Sale	13	38.42
1p ordinary	Sale	13	38.44
1p ordinary	Sale	13	38.44
1p ordinary	Sale	15	38.44
1p ordinary	Sale	16	38.42
1p ordinary	Sale	18	38.44
1p ordinary	Sale	18	38.44
1p ordinary	Sale	19	38.44
1p ordinary	Sale	19	38.44
1p ordinary	Sale	20	38.44
1p ordinary	Sale	20	38.44
1p ordinary	Sale	20	38.44
1p ordinary	Sale	22	38.44
1p ordinary	Sale	22	38.44
1p ordinary	Sale	22	38.44
1p ordinary	Sale	22	38.44
1p ordinary	Sale	23	38.42
1p ordinary	Sale	23	38.44
1p ordinary	Sale	23	38.44
1p ordinary	Sale	26	38.44
1p ordinary	Sale	26	38.44
1p ordinary	Sale	26	38.44
1p ordinary	Sale	27	38.42
1p ordinary	Sale	27	38.44
1p ordinary	Sale	27	38.44
1p ordinary	Sale	31	38.44
1p ordinary	Sale	31	38.44
1p ordinary	Sale	36	38.44
1p ordinary	Sale	38	38.44
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.42
1p ordinary	Sale	39	38.44
1p ordinary	Sale	39	38.44
1p ordinary	Sale	39	38.44
1p ordinary	Sale	39	38.44
1p ordinary	Sale	39	38.44
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.42
1p ordinary	Sale	40	38.44
1p ordinary	Sale	40	38.44
1p ordinary	Sale	40	38.44
1p ordinary	Sale	43	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	44	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	45	38.44
1p ordinary	Sale	77	38.42
1p ordinary	Sale	130	38.42

(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:	21/12/2023
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