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:

08 Jun 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:

1,165,298

1.02%

1,095,449

0.96%

(2)

Cash-settled derivatives:

and/or controlled:

1,013,739

0.89%

1,065,251

0.94%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

2,179,037

1.91%

2,160,700

1.90%

(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

Sale

272

36.2972 GBP

1p ordinary

Purchase

851

36.2449 GBP

1p ordinary

Sale

184

36.2700 GBP

1p ordinary

Sale

280

36.2450 GBP

1p ordinary

Sale

70

36.2500 GBP

1p ordinary

Purchase

1,552

36.2945 GBP

1p ordinary

Sale

181

36.2609 GBP

1p ordinary

Sale

1,771

36.2494 GBP

1p ordinary

Purchase

318

36.2600 GBP

1p ordinary

Sale

450

36.2900 GBP

1p ordinary

Sale

583

36.2921 GBP

1p ordinary

Sale

963

36.2712 GBP

1p ordinary

Sale

46,776

36.2910 GBP

1p ordinary

Sale

360

36.2949 GBP

1p ordinary

Purchase

17,563

36.3000 GBP

1p ordinary

Purchase

491

36.2898 GBP

1p ordinary

Purchase

20,366

36.2845 GBP

1p ordinary

Purchase

2,609

36.2400 GBP

1p ordinary

Sale

1,370

36.2662 GBP

1p ordinary

Sale

8,571

36.3018 GBP

1p ordinary

Sale

125,640

36.3000 GBP

1p ordinary

Sale

7,786

36.2539 GBP

1p ordinary

Sale

312

36.2800 GBP

1p ordinary

Sale

257

36.2600 GBP

1p ordinary

Sale

22,000

36.2568 GBP

1p ordinary

Sale

1,461

36.2973 GBP

1p ordinary

Sale

26,683

36.2400 GBP

1p ordinary

Sale

98

36.2781 GBP

1p ordinary

Sale

562

36.2280 GBP

1p ordinary

Purchase

17

36.2963 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

76

36.2600 GBP

1p ordinary

SWAP

Long

276

36.2371 GBP

1p ordinary

CFD

Long

1,682

36.2871 GBP

1p ordinary

SWAP

Long

5,070

36.2707 GBP

1p ordinary

SWAP

Long

7,932

36.2347 GBP

1p ordinary

SWAP

Long

17,537

36.2985 GBP

1p ordinary

SWAP

Long

23,000

36.2400 GBP

1p ordinary

SWAP

Long

29,970

36.2881 GBP

1p ordinary

SWAP

Long

34,650

36.3000 GBP

1p ordinary

CFD

Long

82,832

36.3000 GBP

1p ordinary

SWAP

Short

11

36.2600 GBP

1p ordinary

SWAP

Short

147

36.2692 GBP

1p ordinary

SWAP

Short

161

36.2663 GBP

1p ordinary

SWAP

Short

181

36.2598 GBP

1p ordinary

SWAP

Short

1,081

36.2565 GBP

1p ordinary

SWAP

Short

2,970

36.2591 GBP

1p ordinary

CFD

Short

6,405

36.3000 GBP

1p ordinary

SWAP

Short

10,767

36.2867 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:

09 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213