21st Dec 2007 16:35
Dechra Pharmaceuticals PLC21 December 2007 DECHRA PHARMACEUTICALS PLC (the Company) Director Shareholding The Company has been informed that Michael Redmond, a Director of the Company,has today acquired 6,475 ordinary shares of 1p each ("Ordinary Shares") in theCompany at a price of 357.5p per share. Michael Redmond's beneficial interest in the Company is now 41,475 OrdinaryShares, which represents approximately 0.078 per cent. of the Company's issuedordinary share capital. Pursuant to the Company's Placing and Open Offer (announced on 12 December 2007)Michael Redmond confirmed his intention to take up his entitlement under thesaid offer. For tax structuring reasons it has not been possible to procure thatthe trust holding Michael Redmond's shareholding take up his entitlement. Michael Redmond has therefore today purchased shares in the open market,equivalent in value to his entitlement under the Company's Placing and OpenOffer, in order to fulfil the intention, stated within the Prospectus. 21 December 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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