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:

14 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:

731,747

0.64%

1,191,263

1.05%

(2)

Cash-settled derivatives:

and/or controlled:

1,148,506

1.01%

665,971

0.58%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,880,253

1.65%

1,857,234

1.63%

(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

1,025

36.2318 GBP

1p ordinary

Sale

4,107

36.2393 GBP

1p ordinary

Sale

11,894

36.2189 GBP

1p ordinary

Purchase

488

36.2683 GBP

1p ordinary

Sale

985

36.2204 GBP

1p ordinary

Purchase

2,349

36.3004 GBP

1p ordinary

Sale

1,473

36.2522 GBP

1p ordinary

Purchase

66,887

36.2600 GBP

1p ordinary

Sale

325

36.2400 GBP

1p ordinary

Sale

225

36.2278 GBP

1p ordinary

Sale

534

36.2866 GBP

1p ordinary

Sale

840

36.2214 GBP

1p ordinary

Purchase

39

36.3000 GBP

1p ordinary

Purchase

11,394

36.2614 GBP

1p ordinary

Sale

682

36.2579 GBP

1p ordinary

Purchase

8,438

36.2595 GBP

1p ordinary

Sale

858

36.2200 GBP

1p ordinary

Purchase

35

36.2200 GBP

1p ordinary

Purchase

275

36.2800 GBP

1p ordinary

Sale

320

36.2000 GBP

1p ordinary

Sale

91

36.2592 GBP

1p ordinary

Purchase

683

36.2072 GBP

1p ordinary

Sale

39

36.3000 GBP

1p ordinary

Sale

201

36.2585 GBP

1p ordinary

Purchase

1,438

36.2400 GBP

1p ordinary

Purchase

2,327

36.2692 GBP

1p ordinary

Sale

9,932

36.2600 GBP

1p ordinary

Sale

93

36.2816 GBP

1p ordinary

Sale

480

36.2800 GBP

1p ordinary

Sale

16,623

36.2536 GBP

1p ordinary

Sale

6,817

36.2488 GBP

1p ordinary

Purchase

69

36.2139 GBP

1p ordinary

Purchase

36

36.2186 GBP

1p ordinary

Purchase

5,000

36.2644 GBP

1p ordinary

Purchase

1

36.2300 GBP

1p ordinary

Sale

1,028

36.2551 GBP

1p ordinary

Purchase

320

36.2000 GBP

1p ordinary

Purchase

4,312

36.2581 GBP

1p ordinary

Purchase

23,734

36.2240 GBP

1p ordinary

Sale

3,259

36.2212 GBP

1p ordinary

Purchase

210

36.1800 GBP

1p ordinary

Purchase

1,280

36.2425 GBP

1p ordinary

Sale

210

36.1800 GBP

1p ordinary

Sale

412

36.2419 GBP

1p ordinary

Sale

1,672

36.2422 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

SWAP

Long

2

36.2800 GBP

1p ordinary

SWAP

Long

91

36.2592 GBP

1p ordinary

SWAP

Long

93

36.2816 GBP

1p ordinary

SWAP

Long

201

36.2585 GBP

1p ordinary

SWAP

Long

956

36.2600 GBP

1p ordinary

CFD

Long

1,657

36.2831 GBP

1p ordinary

CFD

Long

6,518

36.2600 GBP

1p ordinary

SWAP

Long

7,425

36.2366 GBP

1p ordinary

SWAP

Long

13,381

36.2555 GBP

1p ordinary

SWAP

Short

6

36.2600 GBP

1p ordinary

SWAP

Short

7

36.2714 GBP

1p ordinary

SWAP

Short

18

36.2664 GBP

1p ordinary

SWAP

Short

68

36.2502 GBP

1p ordinary

SWAP

Short

132

36.2457 GBP

1p ordinary

CFD

Short

683

36.2072 GBP

1p ordinary

SWAP

Short

935

36.2665 GBP

1p ordinary

SWAP

Short

1,000

36.2396 GBP

1p ordinary

SWAP

Short

2,132

36.2666 GBP

1p ordinary

CFD

Short

2,349

36.3004 GBP

1p ordinary

SWAP

Short

2,876

36.2669 GBP

1p ordinary

SWAP

Short

4,000

36.2706 GBP

1p ordinary

SWAP

Short

8,585

36.2576 GBP

1p ordinary

CFD

Short

63,902

36.2600 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:

15 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213