Form 8.3 -DECHRA PHARMACEUTICALS PLC Amendment

FORM 8.3 Amendment to Purchase

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:

22 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:

5,358,455

4.71%

2,307,272

2.03%

(2) Cash-settled derivatives:

2,292,154

2.01%

5,014,464

4.40%

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

0

0.00%

0

0.00%

TOTAL: 

7,650,609

6.72%

7,321,736

6.43%

(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

84,240

37.9989 GBP

1p ordinary

Sale

1,748

37.9900 GBP

1p ordinary

Sale

27,990

37.9912 GBP

1p ordinary

Sale

751

37.9953 GBP

1p ordinary

Purchase

4,628

38.0106 GBP

1p ordinary

Purchase

2,876

38.0200 GBP

1p ordinary

Sale

316

38.0200 GBP

1p ordinary

Sale

1,637

38.0031 GBP

1p ordinary

Sale

1,564

37.9950 GBP

1p ordinary

Sale

485

38.0038 GBP

1p ordinary

Sale

7,000

37.9973 GBP

1p ordinary

Purchase

7,979

38.0138 GBP

1p ordinary

Sale

19

38.0036 GBP

1p ordinary

Purchase

5,577

38.0076 GBP

1p ordinary

Sale

13,850

37.9833 GBP

1p ordinary

Purchase

6,381

37.9956 GBP

1p ordinary

Purchase

1,064

37.9914 GBP

1p ordinary

Purchase

4,000

38.0134 GBP

1p ordinary

Sale

4,793

37.9897 GBP

1p ordinary

Purchase

42,120

38.0114 GBP

1p ordinary

Purchase

191,314

38.0000 GBP

1p ordinary

Purchase

5,447

37.9961 GBP

1p ordinary

Purchase

2,388

37.9953 GBP

1p ordinary

Sale

1,688

38.0000 GBP

1p ordinary

Sale

20,600

37.9982 GBP

1p ordinary

Purchase

300,143

38.0190 GBP

1p ordinary

Sale

2,500

38.0165 GBP

1p ordinary

Purchase

7,000

37.9999 GBP

1p ordinary

Purchase

18,948

38.0122 GBP

1p ordinary

Sale

698

37.9947 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

910

37.9948 GBP

1p ordinary

SWAP

Long

2,500

38.0165 GBP

1p ordinary

SWAP

Long

7,000

37.9973 GBP

1p ordinary

SWAP

Long

10,687

37.9811 GBP

1p ordinary

SWAP

Long

15,793

37.9855 GBP

1p ordinary

SWAP

Long

19,243

37.9950 GBP

1p ordinary

SWAP

Short

2,120

38.0038 GBP

1p ordinary

SWAP

Short

4,000

38.0134 GBP

1p ordinary

CFD

Short

5,577

38.0076 GBP

1p ordinary

SWAP

Short

7,000

37.9999 GBP

1p ordinary

SWAP

Short

31,515

38.0142 GBP

1p ordinary

SWAP

Short

155,063

38.0190 GBP

1p ordinary

SWAP

Short

178,482

38.0000 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:

28 Aug 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213