Form 8.3 - DECHRA PHARMACEUTICALS PLC

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:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

DECHRA PHARMACEUTICALS PLC

relevant securities this form relates:

(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:

14 Apr 2023

(f)

In addition to the company in 1(c) above, is the discloser making

NO

disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:

609,285

0.54%

1,033,807

0.91%

(2)

Cash-settled derivatives:

and/or controlled:

951,739

0.84%

547,745

0.48%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,561,024

1.37%

1,581,552

1.39%

(b)

Rights to subscribe for new securities (including directors and other executive

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 EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

1p ordinary

Purchase

8

37.5600 GBP

1p ordinary

Purchase

11

36.5000 GBP

1p ordinary

Purchase

16

37.2200 GBP

1p ordinary

Purchase

18

37.5405 GBP

1p ordinary

Purchase

26

37.3338 GBP

1p ordinary

Purchase

45

38.5161 GBP

1p ordinary

Purchase

60

38.3200 GBP

1p ordinary

Purchase

69

38.1000 GBP

1p ordinary

Purchase

77

37.5200 GBP

1p ordinary

Purchase

91

36.5800 GBP

1p ordinary

Purchase

96

36.5700 GBP

1p ordinary

Purchase

105

36.6100 GBP

1p ordinary

Purchase

106

36.9800 GBP

1p ordinary

Purchase

110

38.0100 GBP

1p ordinary

Purchase

110

37.5400 GBP

1p ordinary

Purchase

114

37.3000 GBP

1p ordinary

Purchase

118

37.2000 GBP

1p ordinary

Purchase

125

37.8200 GBP

1p ordinary

Purchase

136

37.0385 GBP

1p ordinary

Purchase

149

37.2800 GBP

1p ordinary

Purchase

178

37.1300 GBP

1p ordinary

Purchase

196

37.2600 GBP

1p ordinary

Purchase

197

37.4200 GBP

1p ordinary

Purchase

197

36.7200 GBP

1p ordinary

Purchase

200

38.0400 GBP

1p ordinary

Purchase

200

38.0172 GBP

1p ordinary

Purchase

217

37.1400 GBP

1p ordinary

Purchase

222

37.3300 GBP

1p ordinary

Purchase

222

36.8600 GBP

1p ordinary

Purchase

223

37.2400 GBP

1p ordinary

Purchase

224

36.7900 GBP

1p ordinary

Purchase

224

36.8200 GBP

1p ordinary

Purchase

225

37.0300 GBP

1p ordinary

Purchase

228

38.0000 GBP

1p ordinary

Purchase

231

37.5000 GBP

1p ordinary

Purchase

233

36.8538 GBP

1p ordinary

Purchase

238

37.7389 GBP

1p ordinary

Purchase

240

37.0100 GBP

1p ordinary

Purchase

242

37.1600 GBP

1p ordinary

Purchase

245

37.4500 GBP

1p ordinary

Purchase

246

37.0700 GBP

1p ordinary

Purchase

256

37.4600 GBP

1p ordinary

Purchase

259

37.5395 GBP

1p ordinary

Purchase

260

36.6800 GBP

1p ordinary

Purchase

266

38.1289 GBP

1p ordinary

Purchase

277

37.8835 GBP

1p ordinary

Purchase

281

37.4000 GBP

1p ordinary

Purchase

325

37.0600 GBP

1p ordinary

Purchase

331

37.8036 GBP

1p ordinary

Purchase

333

37.6457 GBP

1p ordinary

Purchase

333

36.8000 GBP

1p ordinary

Purchase

343

36.9200 GBP

1p ordinary

Purchase

347

37.1100 GBP

1p ordinary

Purchase

348

36.9600 GBP

1p ordinary

Purchase

369

37.1500 GBP

1p ordinary

Purchase

380

38.0358 GBP

1p ordinary

Purchase

385

38.2020 GBP

1p ordinary

Purchase

391

37.8344 GBP

1p ordinary

Purchase

432

37.3200 GBP

1p ordinary

Purchase

439

37.0900 GBP

1p ordinary

Purchase

446

37.0500 GBP

1p ordinary

Purchase

513

37.1000 GBP

1p ordinary

Purchase

519

37.4800 GBP

1p ordinary

Purchase

570

37.1200 GBP

1p ordinary

Purchase

612

38.4951 GBP

1p ordinary

Purchase

667

37.3600 GBP

1p ordinary

Purchase

739

37.2100 GBP

1p ordinary

Purchase

741

37.4400 GBP

1p ordinary

Purchase

779

36.9000 GBP

1p ordinary

Purchase

794

37.0800 GBP

1p ordinary

Purchase

1,050

38.1200 GBP

1p ordinary

Purchase

1,296

37.2952 GBP

1p ordinary

Purchase

1,304

37.9357 GBP

1p ordinary

Purchase

1,409

37.7493 GBP

1p ordinary

Purchase

1,604

37.0200 GBP

1p ordinary

Purchase

1,763

37.0400 GBP

1p ordinary

Purchase

2,147

37.4917 GBP

1p ordinary

Purchase

2,711

37.4567 GBP

1p ordinary

Purchase

2,852

37.1761 GBP

1p ordinary

Purchase

2,874

37.2492 GBP

1p ordinary

Purchase

2,890

37.1931 GBP

1p ordinary

Purchase

2,913

37.7587 GBP

1p ordinary

Purchase

2,948

37.6663 GBP

1p ordinary

Purchase

3,008

37.3607 GBP

1p ordinary

Purchase

3,158

37.5567 GBP

1p ordinary

Purchase

3,793

38.1893 GBP

1p ordinary

Purchase

4,275

37.0090 GBP

1p ordinary

Purchase

5,888

38.0468 GBP

1p ordinary

Purchase

6,508

37.5113 GBP

1p ordinary

Purchase

6,943

37.4927 GBP

1p ordinary

Purchase

7,040

36.9400 GBP

1p ordinary

Purchase

10,000

37.5262 GBP

1p ordinary

Purchase

10,000

37.2815 GBP

1p ordinary

Purchase

10,476

37.0478 GBP

1p ordinary

Purchase

11,174

37.9998 GBP

1p ordinary

Purchase

12,674

37.8023 GBP

1p ordinary

Purchase

12,860

36.9495 GBP

1p ordinary

Purchase

12,903

37.3109 GBP

1p ordinary

Purchase

14,103

37.5340 GBP

1p ordinary

Purchase

14,577

37.5523 GBP

1p ordinary

Purchase

15,280

37.1035 GBP

1p ordinary

Purchase

17,195

37.1409 GBP

1p ordinary

Purchase

19,267

37.6030 GBP

1p ordinary

Purchase

19,373

39.2696 GBP

1p ordinary

Purchase

19,373

38.8554 GBP

1p ordinary

Purchase

20,032

37.3324 GBP

1p ordinary

Purchase

21,000

38.5123 GBP

1p ordinary

Purchase

24,311

38.3886 GBP

1p ordinary

Purchase

24,627

37.1573 GBP

1p ordinary

Purchase

25,000

36.7857 GBP

1p ordinary

Purchase

25,611

37.5648 GBP

1p ordinary

Purchase

27,717

38.0014 GBP

1p ordinary

Purchase

38,743

39.0259 GBP

1p ordinary

Purchase

42,361

37.0615 GBP

1p ordinary

Purchase

43,055

37.4218 GBP

1p ordinary

Purchase

50,000

37.4680 GBP

1p ordinary

Purchase

50,000

37.5662 GBP

1p ordinary

Purchase

50,000

37.2260 GBP

1p ordinary

Purchase

69,408

37.2291 GBP

1p ordinary

Purchase

88,984

37.3647 GBP

1p ordinary

Purchase

100,000

37.8764 GBP

1p ordinary

Purchase

116,833

36.9704 GBP

1p ordinary

Purchase

156,272

37.2712 GBP

1p ordinary

Sale

4

37.5600 GBP

1p ordinary

Sale

4

37.5637 GBP

1p ordinary

Sale

10

36.9460 GBP

1p ordinary

Sale

16

37.2200 GBP

1p ordinary

Sale

24

36.9454 GBP

1p ordinary

Sale

38

37.5100 GBP

1p ordinary

Sale

65

38.1100 GBP

1p ordinary

Sale

91

37.7000 GBP

1p ordinary

Sale

91

36.5800 GBP

1p ordinary

Sale

96

36.5700 GBP

1p ordinary

Sale

105

36.6100 GBP

1p ordinary

Sale

110

37.5400 GBP

1p ordinary

Sale

114

37.3000 GBP

1p ordinary

Sale

118

37.2000 GBP

1p ordinary

Sale

119

37.1600 GBP

1p ordinary

Sale

134

37.7595 GBP

1p ordinary

Sale

149

37.2800 GBP

1p ordinary

Sale

178

37.1300 GBP

1p ordinary

Sale

196

37.2600 GBP

1p ordinary

Sale

196

37.7312 GBP

1p ordinary

Sale

196

36.9400 GBP

1p ordinary

Sale

197

36.7200 GBP

1p ordinary

Sale

200

38.0400 GBP

1p ordinary

Sale

202

38.7000 GBP

1p ordinary

Sale

206

38.2200 GBP

1p ordinary

Sale

207

37.2100 GBP

1p ordinary

Sale

208

37.5200 GBP

1p ordinary

Sale

216

37.3380 GBP

1p ordinary

Sale

217

37.1400 GBP

1p ordinary

Sale

222

37.3300 GBP

1p ordinary

Sale

223

37.2400 GBP

1p ordinary

Sale

224

36.7900 GBP

1p ordinary

Sale

224

36.8200 GBP

1p ordinary

Sale

225

37.0300 GBP

1p ordinary

Sale

240

37.2608 GBP

1p ordinary

Sale

245

37.4500 GBP

1p ordinary

Sale

246

37.0700 GBP

1p ordinary

Sale

260

36.6800 GBP

1p ordinary

Sale

275

37.0512 GBP

1p ordinary

Sale

281

37.4000 GBP

1p ordinary

Sale

286

37.0611 GBP

1p ordinary

Sale

295

37.7400 GBP

1p ordinary

Sale

322

37.3279 GBP

1p ordinary

Sale

325

37.0600 GBP

1p ordinary

Sale

333

36.8000 GBP

1p ordinary

Sale

336

37.0000 GBP

1p ordinary

Sale

343

36.9200 GBP

1p ordinary

Sale

348

36.9600 GBP

1p ordinary

Sale

369

37.1500 GBP

1p ordinary

Sale

370

37.1000 GBP

1p ordinary

Sale

403

37.4600 GBP

1p ordinary

Sale

408

37.4215 GBP

1p ordinary

Sale

432

37.3200 GBP

1p ordinary

Sale

439

37.0900 GBP

1p ordinary

Sale

446

37.0500 GBP

1p ordinary

Sale

465

37.1200 GBP

1p ordinary

Sale

468

37.4569 GBP

1p ordinary

Sale

525

38.1200 GBP

1p ordinary

Sale

527

36.8600 GBP

1p ordinary

Sale

549

37.4698 GBP

1p ordinary

Sale

588

37.4497 GBP

1p ordinary

Sale

638

37.7200 GBP

1p ordinary

Sale

741

37.0800 GBP

1p ordinary

Sale

753

37.4362 GBP

1p ordinary

Sale

779

36.9000 GBP

1p ordinary

Sale

860

37.4400 GBP

1p ordinary

Sale

891

37.9653 GBP

1p ordinary

Sale

928

37.7095 GBP

1p ordinary

Sale

995

37.1794 GBP

1p ordinary

Sale

1,027

36.9800 GBP

1p ordinary

Sale

1,095

37.1801 GBP

1p ordinary

Sale

1,170

38.1168 GBP

1p ordinary

Sale

1,255

37.0069 GBP

1p ordinary

Sale

1,300

37.2123 GBP

1p ordinary

Sale

1,333

37.3600 GBP

1p ordinary

Sale

1,368

37.4397 GBP

1p ordinary

Sale

1,416

37.6682 GBP

1p ordinary

Sale

1,417

37.1711 GBP

1p ordinary

Sale

1,459

37.5402 GBP

1p ordinary

Sale

1,475

37.4800 GBP

1p ordinary

Sale

1,604

37.0200 GBP

1p ordinary

Sale

1,673

37.2351 GBP

1p ordinary

Sale

2,363

37.3805 GBP

1p ordinary

Sale

2,500

36.5000 GBP

1p ordinary

Sale

2,520

37.6018 GBP

1p ordinary

Sale

2,635

37.4322 GBP

1p ordinary

Sale

2,659

37.0557 GBP

1p ordinary

Sale

2,668

37.8706 GBP

1p ordinary

Sale

2,791

37.3484 GBP

1p ordinary

Sale

2,819

37.4113 GBP

1p ordinary

Sale

2,849

37.9326 GBP

1p ordinary

Sale

3,250

37.0100 GBP

1p ordinary

Sale

3,541

37.4715 GBP

1p ordinary

Sale

3,574

37.0266 GBP

1p ordinary

Sale

3,765

36.9455 GBP

1p ordinary

Sale

3,787

37.5453 GBP

1p ordinary

Sale

3,917

37.1619 GBP

1p ordinary

Sale

4,102

37.0623 GBP

1p ordinary

Sale

4,586

37.1159 GBP

1p ordinary

Sale

4,878

37.4581 GBP

1p ordinary

Sale

5,450

37.2558 GBP

1p ordinary

Sale

5,722

37.2140 GBP

1p ordinary

Sale

5,834

37.3444 GBP

1p ordinary

Sale

5,881

38.1565 GBP

1p ordinary

Sale

6,838

37.0296 GBP

1p ordinary

Sale

7,453

37.4739 GBP

1p ordinary

Sale

8,025

39.0570 GBP

1p ordinary

Sale

10,100

37.2827 GBP

1p ordinary

Sale

12,500

37.2591 GBP

1p ordinary

Sale

13,136

37.3567 GBP

1p ordinary

Sale

15,603

38.3893 GBP

1p ordinary

Sale

20,393

37.4877 GBP

1p ordinary

Sale

21,509

37.3422 GBP

1p ordinary

Sale

24,306

37.5300 GBP

1p ordinary

Sale

28,350

37.0720 GBP

1p ordinary

Sale

31,808

37.0400 GBP

1p ordinary

Sale

37,003

37.8226 GBP

1p ordinary

Sale

38,068

37.4972 GBP

1p ordinary

Sale

41,142

37.5471 GBP

1p ordinary

Sale

48,007

37.5000 GBP

1p ordinary

Sale

57,049

37.6467 GBP

1p ordinary

Sale

59,464

37.3786 GBP

1p ordinary

Sale

70,000

37.0515 GBP

1p ordinary

Sale

92,894

37.0254 GBP

1p ordinary

Sale

251,650

37.4200 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

CFD

Long

82

37.0367 GBP

1p ordinary

SWAP

Long

453

38.1323 GBP

1p ordinary

CFD

Long

500

37.2366 GBP

1p ordinary

SWAP

Long

596

37.4304 GBP

1p ordinary

CFD

Long

600

38.2428 GBP

1p ordinary

SWAP

Long

1,265

37.4476 GBP

1p ordinary

CFD

Long

1,401

37.6210 GBP

1p ordinary

SWAP

Long

1,896

37.4173 GBP

1p ordinary

CFD

Long

2,849

37.9326 GBP

1p ordinary

SWAP

Long

3,300

37.9040 GBP

1p ordinary

SWAP

Long

4,207

37.4174 GBP

1p ordinary

SWAP

Long

5,087

38.2399 GBP

1p ordinary

SWAP

Long

5,450

37.2558 GBP

1p ordinary

SWAP

Long

7,000

37.4313 GBP

1p ordinary

SWAP

Long

24,184

37.5300 GBP

1p ordinary

CFD

Long

37,003

37.8226 GBP

1p ordinary

SWAP

Long

73,099

37.5909 GBP

1p ordinary

SWAP

Long

97,767

37.4054 GBP

1p ordinary

SWAP

Long

149,995

37.2874 GBP

1p ordinary

SWAP

Short

18

37.5407 GBP

1p ordinary

SWAP

Short

147

37.4800 GBP

1p ordinary

SWAP

Short

164

37.4434 GBP

1p ordinary

SWAP

Short

167

37.5200 GBP

1p ordinary

SWAP

Short

203

37.5180 GBP

1p ordinary

SWAP

Short

233

36.8538 GBP

1p ordinary

SWAP

Short

309

37.4710 GBP

1p ordinary

SWAP

Short

500

38.5238 GBP

1p ordinary

SWAP

Short

676

37.4985 GBP

1p ordinary

SWAP

Short

1,709

37.4987 GBP

1p ordinary

SWAP

Short

2,051

37.4909 GBP

1p ordinary

SWAP

Short

2,147

37.4917 GBP

1p ordinary

SWAP

Short

2,317

37.4992 GBP

1p ordinary

CFD

Short

2,852

37.1761 GBP

1p ordinary

SWAP

Short

3,158

37.5567 GBP

1p ordinary

SWAP

Short

3,257

37.4998 GBP

1p ordinary

SWAP

Short

5,903

37.3136 GBP

1p ordinary

SWAP

Short

6,194

37.7938 GBP

1p ordinary

SWAP

Short

6,508

37.5112 GBP

1p ordinary

SWAP

Short

7,000

37.3086 GBP

1p ordinary

SWAP

Short

10,000

37.5262 GBP

1p ordinary

SWAP

Short

10,476

37.0478 GBP

1p ordinary

SWAP

Short

17,970

36.9400 GBP

1p ordinary

SWAP

Short

19,373

38.8554 GBP

1p ordinary

SWAP

Short

19,373

39.2696 GBP

1p ordinary

SWAP

Short

25,000

36.7857 GBP

1p ordinary

CFD

Short

25,611

37.5648 GBP

1p ordinary

SWAP

Short

27,626

39.0570 GBP

1p ordinary

CFD

Short

27,717

38.0014 GBP

1p ordinary

SWAP

Short

36,377

36.9395 GBP

1p ordinary

SWAP

Short

38,743

39.0259 GBP

1p ordinary

SWAP

Short

47,525

37.0720 GBP

1p ordinary

SWAP

Short

50,000

37.5663 GBP

1p ordinary

SWAP

Short

50,000

37.2260 GBP

1p ordinary

SWAP

Short

59,393

37.5751 GBP

1p ordinary

SWAP

Short

69,097

37.4075 GBP

1p ordinary

SWAP

Short

88,984

37.3647 GBP

1p ordinary

SWAP

Short

100,000

37.8764 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings 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:

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 of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

17 Apr 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213