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 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:

07 Sep 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:

6,373,952

5.60%

1,860,597

1.63%

(2) Cash-settled derivatives:

1,840,293

1.62%

6,297,852

5.53%

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

0

0.00%

0

0.00%

TOTAL: 

8,214,245

7.22%

8,158,449

7.16%

(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

300,468

38.1200 GBP

1p ordinary

Purchase

42,859

38.0790 GBP

1p ordinary

Purchase

41,248

38.0530 GBP

1p ordinary

Purchase

13,941

38.0957 GBP

1p ordinary

Purchase

10,655

38.1247 GBP

1p ordinary

Purchase

8,572

38.0478 GBP

1p ordinary

Purchase

5,632

38.0781 GBP

1p ordinary

Purchase

5,406

38.0603 GBP

1p ordinary

Purchase

4,236

38.0870 GBP

1p ordinary

Purchase

2,827

38.0557 GBP

1p ordinary

Purchase

2,463

38.0840 GBP

1p ordinary

Purchase

2,387

38.0555 GBP

1p ordinary

Purchase

2,243

38.0545 GBP

1p ordinary

Purchase

2,116

38.0683 GBP

1p ordinary

Purchase

1,307

38.0828 GBP

1p ordinary

Purchase

1,271

38.1666 GBP

1p ordinary

Purchase

1,232

38.0800 GBP

1p ordinary

Purchase

1,211

38.0816 GBP

1p ordinary

Purchase

1,099

38.1118 GBP

1p ordinary

Purchase

457

38.0626 GBP

1p ordinary

Purchase

421

38.0900 GBP

1p ordinary

Purchase

418

38.0740 GBP

1p ordinary

Purchase

407

38.0785 GBP

1p ordinary

Purchase

239

38.0749 GBP

1p ordinary

Purchase

196

38.0891 GBP

1p ordinary

Purchase

179

38.0700 GBP

1p ordinary

Purchase

179

38.1000 GBP

1p ordinary

Purchase

13

38.0838 GBP

1p ordinary

Sale

493,942

38.0609 GBP

1p ordinary

Sale

37,151

38.0409 GBP

1p ordinary

Sale

17,753

38.0724 GBP

1p ordinary

Sale

13,451

38.1049 GBP

1p ordinary

Sale

11,325

38.0124 GBP

1p ordinary

Sale

8,000

38.0781 GBP

1p ordinary

Sale

6,050

38.0778 GBP

1p ordinary

Sale

3,736

38.0645 GBP

1p ordinary

Sale

2,755

38.1012 GBP

1p ordinary

Sale

1,764

38.0773 GBP

1p ordinary

Sale

1,545

38.0753 GBP

1p ordinary

Sale

1,409

38.0600 GBP

1p ordinary

Sale

1,397

38.0639 GBP

1p ordinary

Sale

1,000

38.0573 GBP

1p ordinary

Sale

182

38.1200 GBP

1p ordinary

Sale

28

38.0800 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

Long

28

38.0800 GBP

1p ordinary

SWAP

Long

42

38.1200 GBP

1p ordinary

SWAP

Long

124

38.0600 GBP

1p ordinary

SWAP

Long

1,000

38.0573 GBP

1p ordinary

SWAP

Long

1,255

38.0834 GBP

1p ordinary

SWAP

Long

1,397

38.0639 GBP

1p ordinary

SWAP

Long

1,500

38.1161 GBP

1p ordinary

SWAP

Long

1,764

38.0773 GBP

1p ordinary

SWAP

Long

2,041

38.1142 GBP

1p ordinary

SWAP

Long

3,736

38.0645 GBP

1p ordinary

SWAP

Long

4,544

38.0944 GBP

1p ordinary

SWAP

Long

8,000

38.0781 GBP

1p ordinary

SWAP

Long

9,696

38.0972 GBP

1p ordinary

CFD

Long

11,325

38.0123 GBP

1p ordinary

SWAP

Long

17,753

38.0724 GBP

1p ordinary

SWAP

Long

37,151

38.0409 GBP

1p ordinary

SWAP

Short

13

38.0838 GBP

1p ordinary

SWAP

Short

190

38.0900 GBP

1p ordinary

SWAP

Short

407

38.0785 GBP

1p ordinary

SWAP

Short

457

38.0626 GBP

1p ordinary

SWAP

Short

897

38.1029 GBP

1p ordinary

SWAP

Short

1,307

38.0828 GBP

1p ordinary

SWAP

Short

3,513

38.0691 GBP

1p ordinary

SWAP

Short

5,365

38.0741 GBP

1p ordinary

SWAP

Short

5,406

38.0603 GBP

1p ordinary

SWAP

Short

10,655

38.1247 GBP

1p ordinary

SWAP

Short

21,014

38.0966 GBP

1p ordinary

SWAP

Short

25,000

38.0430 GBP

1p ordinary

SWAP

Short

25,000

38.0630 GBP

1p ordinary

SWAP

Short

42,859

38.0790 GBP

1p ordinary

SWAP

Short

300,000

38.1200 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 Sep 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213