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 relevant securities this form relates:

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:

25 Sep 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?

NO

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:

6,935,526

6.09%

1,977,955

1.74%

(2) Cash-settled derivatives:

1,312,259

1.15%

6,841,895

6.01%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

8,247,785

7.24%

8,819,850

7.74%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

1p ordinary

Purchase

15,000

37.9647 GBP

1p ordinary

Purchase

8,720

37.9689 GBP

1p ordinary

Purchase

4,389

37.9947 GBP

1p ordinary

Purchase

4,000

37.9787 GBP

1p ordinary

Purchase

2,679

37.9831 GBP

1p ordinary

Purchase

2,644

37.9769 GBP

1p ordinary

Purchase

2,258

37.9600 GBP

1p ordinary

Purchase

2,195

37.9800 GBP

1p ordinary

Purchase

2,165

37.9872 GBP

1p ordinary

Purchase

2,121

37.9906 GBP

1p ordinary

Purchase

1,991

37.9806 GBP

1p ordinary

Purchase

1,575

37.9781 GBP

1p ordinary

Purchase

856

37.9780 GBP

1p ordinary

Purchase

690

37.9859 GBP

1p ordinary

Purchase

378

37.9900 GBP

1p ordinary

Purchase

248

38.0100 GBP

1p ordinary

Purchase

13

37.9707 GBP

1p ordinary

Purchase

3

37.9433 GBP

1p ordinary

Sale

22,751

37.9636 GBP

1p ordinary

Sale

5,616

37.9696 GBP

1p ordinary

Sale

4,827

37.9682 GBP

1p ordinary

Sale

3,432

37.9782 GBP

1p ordinary

Sale

2,885

37.9600 GBP

1p ordinary

Sale

2,030

37.9735 GBP

1p ordinary

Sale

1,625

37.9741 GBP

1p ordinary

Sale

1,157

37.9800 GBP

1p ordinary

Sale

987

37.9770 GBP

1p ordinary

Sale

796

37.9812 GBP

1p ordinary

Sale

761

37.9699 GBP

1p ordinary

Sale

624

38.0400 GBP

1p ordinary

Sale

165

37.9561 GBP

1p ordinary

Sale

5

37.9760 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Long

5

37.9762 GBP

1p ordinary

SWAP

Long

165

37.9562 GBP

1p ordinary

CFD

Long

244

37.9548 GBP

1p ordinary

SWAP

Long

373

37.9800 GBP

1p ordinary

SWAP

Long

624

38.0400 GBP

1p ordinary

CFD

Long

2,550

37.9600 GBP

1p ordinary

SWAP

Long

3,301

37.9650 GBP

1p ordinary

SWAP

Long

11,318

37.9648 GBP

1p ordinary

SWAP

Long

12,181

37.9668 GBP

1p ordinary

SWAP

Long

16,000

37.9693 GBP

1p ordinary

SWAP

Short

3

37.9447 GBP

1p ordinary

SWAP

Short

20

38.0800 GBP

1p ordinary

SWAP

Short

30

38.0200 GBP

1p ordinary

SWAP

Short

690

37.9859 GBP

1p ordinary

SWAP

Short

856

37.9780 GBP

1p ordinary

SWAP

Short

4,000

37.9787 GBP

1p ordinary

SWAP

Short

4,389

37.9947 GBP

1p ordinary

SWAP

Short

5,000

37.9647 GBP

1p ordinary

SWAP

Short

10,000

37.9646 GBP

1p ordinary

SWAP

Short

12,483

37.9721 GBP

1p ordinary

SWAP

Short

13,191

37.9858 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

26 Sep 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213