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 Nov 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:

7,494,695

6.58%

993,832

0.87%

(2)

Cash-settled derivatives:

and/or controlled:

987,947

0.87%

7,438,553

6.53%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

8,482,642

7.45%

8,432,385

7.40%

(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

6,113

38.2257 GBP

1p ordinary

Purchase

4,016

38.2400 GBP

1p ordinary

Purchase

3,783

38.2200 GBP

1p ordinary

Purchase

3,403

38.2276 GBP

1p ordinary

Purchase

2,790

38.2288 GBP

1p ordinary

Purchase

1,317

38.2253 GBP

1p ordinary

Purchase

186

38.2500 GBP

1p ordinary

Purchase

170

38.2451 GBP

1p ordinary

Purchase

3

38.2433 GBP

1p ordinary

Sale

6,142

38.2200 GBP

1p ordinary

Sale

5,823

38.2161 GBP

1p ordinary

Sale

2,158

38.2320 GBP

1p ordinary

Sale

1,901

38.2317 GBP

1p ordinary

Sale

1,138

38.2400 GBP

1p ordinary

Sale

951

38.2354 GBP

1p ordinary

Sale

618

38.2438 GBP

1p ordinary

Sale

559

38.2471 GBP

1p ordinary

Sale

28

38.2439 GBP

1p ordinary

Sale

17

38.2341 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

17

38.2344 GBP

1p ordinary

SWAP

Long

928

38.2353 GBP

1p ordinary

SWAP

Long

1,096

38.2267 GBP

1p ordinary

SWAP

Long

2,125

38.2200 GBP

1p ordinary

SWAP

Long

2,158

38.2320 GBP

1p ordinary

SWAP

Long

2,816

38.2254 GBP

1p ordinary

SWAP

Long

5,823

38.2161 GBP

1p ordinary

SWAP

Short

3

38.2438 GBP

1p ordinary

CFD

Short

328

38.2294 GBP

1p ordinary

SWAP

Short

529

38.2305 GBP

1p ordinary

SWAP

Short

646

38.2261 GBP

1p ordinary

SWAP

Short

2,862

38.2200 GBP

1p ordinary

CFD

Short

3,403

38.2276 GBP

1p ordinary

SWAP

Short

6,146

38.2350 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 Nov 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213