Form 8.3 -DECHRA PHARMACEUTICALS PLC Amendment

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:

10 Aug 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:

3,290,970

2.89%

1,683,685

1.48%

(2) Cash-settled derivatives:

1,664,747

1.46%

3,256,826

2.86%

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

0

0.00%

0

0.00%

TOTAL: 

4,955,717

4.35%

4,940,511

4.34%

(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

10,157

37.9781 GBP

1p ordinary

Purchase

41,105

37.9515 GBP

1p ordinary

Sale

5,309

37.9179 GBP

1p ordinary

Sale

455

37.9238 GBP

1p ordinary

Purchase

67,924

37.9512 GBP

1p ordinary

Sale

9,887

37.9097 GBP

1p ordinary

Sale

4,000

37.9171 GBP

1p ordinary

Purchase

5,167

37.9389 GBP

1p ordinary

Purchase

3,456

37.9366 GBP

1p ordinary

Sale

2,680

37.9762 GBP

1p ordinary

Sale

388

37.8940 GBP

1p ordinary

Purchase

22,363

37.9200 GBP

1p ordinary

Sale

359

37.9400 GBP

1p ordinary

Purchase

16,000

37.9773 GBP

1p ordinary

Sale

40,881

37.9010 GBP

1p ordinary

Purchase

6,000

37.9296 GBP

1p ordinary

Purchase

3,369

37.9227 GBP

1p ordinary

Sale

577

37.9348 GBP

1p ordinary

Sale

28,367

37.9800 GBP

1p ordinary

Purchase

504

37.9075 GBP

1p ordinary

Sale

12,672

37.9749 GBP

1p ordinary

Purchase

10,780

37.9800 GBP

1p ordinary

Purchase

11,826

37.9331 GBP

1p ordinary

Purchase

1,334

37.9282 GBP

1p ordinary

Sale

36,946

37.9448 GBP

1p ordinary

Sale

1,770

37.9200 GBP

1p ordinary

Purchase

225

37.9100 GBP

1p ordinary

Sale

319

37.9197 GBP

1p ordinary

Sale

562

37.9301 GBP

1p ordinary

Sale

638

37.9211 GBP

1p ordinary

Sale

3,652

37.8980 GBP

1p ordinary

Purchase

335

37.9400 GBP

1p ordinary

Sale

212

37.9300 GBP

1p ordinary

Sale

39,119

37.8934 GBP

1p ordinary

Purchase

52,373

37.9281 GBP

1p ordinary

Sale

72,726

37.9260 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

CFD

Long

70

37.9414 GBP

1p ordinary

SWAP

Long

807

37.9400 GBP

1p ordinary

SWAP

Long

1,095

37.9574 GBP

1p ordinary

SWAP

Long

1,335

37.9568 GBP

1p ordinary

SWAP

Long

1,891

37.9181 GBP

1p ordinary

SWAP

Long

2,680

37.9762 GBP

1p ordinary

SWAP

Long

4,000

37.9171 GBP

1p ordinary

CFD

Long

5,562

37.9800 GBP

1p ordinary

SWAP

Long

16,521

37.9800 GBP

1p ordinary

SWAP

Long

17,928

37.9199 GBP

1p ordinary

SWAP

Long

21,059

37.9081 GBP

1p ordinary

SWAP

Long

39,119

37.8934 GBP

1p ordinary

SWAP

Long

40,881

37.9010 GBP

1p ordinary

SWAP

Short

150

37.9400 GBP

1p ordinary

CFD

Short

252

37.9051 GBP

1p ordinary

CFD

Short

504

37.9075 GBP

1p ordinary

SWAP

Short

916

37.9230 GBP

1p ordinary

SWAP

Short

2,575

37.9237 GBP

1p ordinary

CFD

Short

5,167

37.9389 GBP

1p ordinary

CFD

Short

5,692

37.9800 GBP

1p ordinary

SWAP

Short

6,000

37.9296 GBP

1p ordinary

SWAP

Short

11,742

37.9800 GBP

1p ordinary

SWAP

Short

28,057

37.9308 GBP

1p ordinary

SWAP

Short

41,105

37.9515 GBP

1p ordinary

SWAP

Short

42,518

37.9501 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:

16 Aug 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213