Form 8.3 - Dechra Pharmaceuticals plc Amend

FORM 8.3 - Amendment to Sale

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:

02 Jan 2024

(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:

7,720,247

6.78%

950,015

0.83%

(2) Cash-settled derivatives:

651,469

0.57%

7,649,770

6.72%

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

0

0.00%

0

0.00%

TOTAL:

8,371,716

7.35%

8,599,785

7.55%

(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

84,828

38.5827 GBP

1p ordinary

Purchase

16,147

38.5648 GBP

1p ordinary

Purchase

15,476

38.5792 GBP

1p ordinary

Purchase

14,695

38.5677 GBP

1p ordinary

Purchase

11,873

38.5757 GBP

1p ordinary

Purchase

7,000

38.5718 GBP

1p ordinary

Purchase

6,886

38.5580 GBP

1p ordinary

Purchase

6,070

38.5848 GBP

1p ordinary

Purchase

4,172

38.5626 GBP

1p ordinary

Purchase

3,467

38.5765 GBP

1p ordinary

Purchase

2,268

38.5600 GBP

1p ordinary

Purchase

2,249

38.5800 GBP

1p ordinary

Purchase

2

38.5850 GBP

1p ordinary

Sale

390,000

38.5607 GBP

1p ordinary

Sale

120,284

38.5507 GBP

1p ordinary

Sale

100,000

38.5414 GBP

1p ordinary

Sale

36,754

38.5698 GBP

1p ordinary

Sale

15,160

38.5600 GBP

1p ordinary

Sale

9,671

38.5800 GBP

1p ordinary

Sale

7,878

38.5636 GBP

1p ordinary

Sale

1,734

38.5677 GBP

1p ordinary

Sale

4

38.5561 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

Closing Long

4,172

38.5626 GBP

1p ordinary

SWAP

Closing Long

84,828

38.5827 GBP

1p ordinary

SWAP

Decreasing Long

293

38.5600 GBP

1p ordinary

SWAP

Decreasing Long

17,047

38.5828 GBP

1p ordinary

SWAP

Decreasing Short

5

38.5561 GBP

1p ordinary

SWAP

Decreasing Short

5,847

38.5600 GBP

1p ordinary

SWAP

Decreasing Short

20,518

38.5685 GBP

1p ordinary

SWAP

Decreasing Short

26,167

38.5689 GBP

1p ordinary

SWAP

Decreasing Short

120,284

38.5507 GBP

1p ordinary

SWAP

Decreasing Short

193,981

38.5607 GBP

1p ordinary

SWAP

Decreasing Short

296,019

38.5541 GBP

1p ordinary

SWAP

Increasing Short

2

38.5838 GBP

1p ordinary

SWAP

Increasing Short

420

38.5600 GBP

1p ordinary

SWAP

Increasing Short

2,334

38.5638 GBP

1p ordinary

SWAP

Increasing Short

3,640

38.5800 GBP

1p ordinary

SWAP

Increasing Short

5,781

38.5750 GBP

1p ordinary

SWAP

Increasing Short

7,000

38.5718 GBP

1p ordinary

CFD

Increasing Short

14,695

38.5677 GBP

1p ordinary

SWAP

Increasing Short

16,147

38.5648 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:

08 Jan 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213