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:

27 Sep 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:

6,998,554

6.15%

1,861,502

1.63%

(2)

Cash-settled derivatives:

and/or controlled:

1,192,851

1.05%

6,896,718

6.06%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

8,191,405

7.19%

8,758,220

7.69%

(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

100,000

38.0266 GBP

1p ordinary

Purchase

80,000

37.9973 GBP

1p ordinary

Purchase

9,378

37.9547 GBP

1p ordinary

Purchase

8,984

37.9865 GBP

1p ordinary

Purchase

8,779

38.0285 GBP

1p ordinary

Purchase

7,512

37.9855 GBP

1p ordinary

Purchase

7,207

37.9933 GBP

1p ordinary

Purchase

5,000

37.9439 GBP

1p ordinary

Purchase

4,428

37.9828 GBP

1p ordinary

Purchase

4,285

37.9833 GBP

1p ordinary

Purchase

3,592

37.9800 GBP

1p ordinary

Purchase

2,771

38.0084 GBP

1p ordinary

Purchase

2,308

37.9836 GBP

1p ordinary

Purchase

2,153

37.9988 GBP

1p ordinary

Purchase

1,940

38.0529 GBP

1p ordinary

Purchase

1,722

38.0157 GBP

1p ordinary

Purchase

1,655

38.0148 GBP

1p ordinary

Purchase

1,371

38.0107 GBP

1p ordinary

Purchase

997

37.9819 GBP

1p ordinary

Purchase

682

37.9600 GBP

1p ordinary

Purchase

572

38.0114 GBP

1p ordinary

Purchase

481

38.0000 GBP

1p ordinary

Purchase

418

38.0249 GBP

1p ordinary

Purchase

388

38.0103 GBP

1p ordinary

Purchase

249

37.9605 GBP

1p ordinary

Sale

65,723

37.9730 GBP

1p ordinary

Sale

27,626

37.9665 GBP

1p ordinary

Sale

4,705

37.9691 GBP

1p ordinary

Sale

2,564

37.9800 GBP

1p ordinary

Sale

1,854

38.0116 GBP

1p ordinary

Sale

1,831

38.0324 GBP

1p ordinary

Sale

594

37.9600 GBP

1p ordinary

Sale

585

37.9562 GBP

1p ordinary

Sale

481

38.0000 GBP

1p ordinary

Sale

43

37.9620 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Long

43

37.9620 GBP

1p ordinary

SWAP

Long

167

37.9665 GBP

1p ordinary

SWAP

Long

585

37.9562 GBP

1p ordinary

SWAP

Long

3,218

37.9569 GBP

1p ordinary

SWAP

Long

4,705

37.9691 GBP

1p ordinary

SWAP

Long

9,993

37.9602 GBP

1p ordinary

SWAP

Long

20,974

37.9831 GBP

1p ordinary

SWAP

Long

65,723

37.9730 GBP

1p ordinary

SWAP

Short

134

38.0047 GBP

1p ordinary

SWAP

Short

249

37.9605 GBP

1p ordinary

CFD

Short

268

38.0051 GBP

1p ordinary

SWAP

Short

304

37.9814 GBP

1p ordinary

SWAP

Short

572

38.0113 GBP

1p ordinary

SWAP

Short

1,940

38.0529 GBP

1p ordinary

SWAP

Short

3,704

38.0265 GBP

1p ordinary

SWAP

Short

4,244

37.9414 GBP

1p ordinary

SWAP

Short

4,631

37.9828 GBP

1p ordinary

SWAP

Short

5,000

37.9647 GBP

1p ordinary

SWAP

Short

5,000

37.9439 GBP

1p ordinary

SWAP

Short

8,779

38.0285 GBP

1p ordinary

SWAP

Short

11,009

37.9952 GBP

1p ordinary

SWAP

Short

13,369

37.9964 GBP

1p ordinary

SWAP

Short

20,691

37.9944 GBP

1p ordinary

SWAP

Short

80,000

37.9973 GBP

1p ordinary

SWAP

Short

96,296

38.0266 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:

28 Sep 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213