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:

01 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:

945,489

0.83%

984,860

0.86%

(2)

Cash-settled derivatives:

and/or controlled:

959,947

0.84%

901,912

0.79%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,905,436

1.67%

1,886,772

1.66%

(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

17,028

33.7400 GBP

1p ordinary

Sale

3,276

34.6424 GBP

1p ordinary

Purchase

95

33.7981 GBP

1p ordinary

Purchase

249

34.3800 GBP

1p ordinary

Purchase

96

33.8000 GBP

1p ordinary

Purchase

2,912

34.0186 GBP

1p ordinary

Sale

157

34.2600 GBP

1p ordinary

Sale

1,208

33.8900 GBP

1p ordinary

Sale

421

34.0510 GBP

1p ordinary

Purchase

6,740

34.7108 GBP

1p ordinary

Sale

111

33.7433 GBP

1p ordinary

Purchase

269

34.8336 GBP

1p ordinary

Sale

80,853

34.0444 GBP

1p ordinary

Purchase

85

34.9900 GBP

1p ordinary

Sale

964

34.2543 GBP

1p ordinary

Sale

3,461

34.1298 GBP

1p ordinary

Sale

13,819

33.8466 GBP

1p ordinary

Sale

4,200

33.8848 GBP

1p ordinary

Sale

177

34.1500 GBP

1p ordinary

Sale

933

34.0808 GBP

1p ordinary

Purchase

616

34.9068 GBP

1p ordinary

Purchase

1,000

34.2861 GBP

1p ordinary

Sale

212

33.7000 GBP

1p ordinary

Sale

1,962

33.9698 GBP

1p ordinary

Sale

128

33.9800 GBP

1p ordinary

Sale

5,000

34.5794 GBP

1p ordinary

Sale

1,112

33.9466 GBP

1p ordinary

Purchase

656

34.5200 GBP

1p ordinary

Sale

2,391

34.1234 GBP

1p ordinary

Sale

216

33.9015 GBP

1p ordinary

Purchase

41

33.7800 GBP

1p ordinary

Purchase

54

34.8600 GBP

1p ordinary

Sale

2,500

34.9162 GBP

1p ordinary

Sale

7,194

33.5373 GBP

1p ordinary

Purchase

212

33.7000 GBP

1p ordinary

Purchase

19,656

33.7400 GBP

1p ordinary

Purchase

173

34.2400 GBP

1p ordinary

Sale

802

33.9662 GBP

1p ordinary

Purchase

4,883

33.7701 GBP

1p ordinary

Sale

254

34.0307 GBP

1p ordinary

Sale

2,981

33.9628 GBP

1p ordinary

Sale

428

34.3314 GBP

1p ordinary

Purchase

93

34.7800 GBP

1p ordinary

Purchase

180

33.6100 GBP

1p ordinary

Sale

578

33.9657 GBP

1p ordinary

Purchase

583

33.8281 GBP

1p ordinary

Purchase

20,000

33.9237 GBP

1p ordinary

Sale

500

34.4609 GBP

1p ordinary

Sale

981

34.5255 GBP

1p ordinary

Purchase

88

34.9400 GBP

1p ordinary

Sale

641

33.9000 GBP

1p ordinary

Sale

2,647

34.7000 GBP

1p ordinary

Sale

425

33.8055 GBP

1p ordinary

Sale

654

34.1128 GBP

1p ordinary

Sale

4,847

33.7835 GBP

1p ordinary

Sale

785

34.2057 GBP

1p ordinary

Purchase

125

35.0700 GBP

1p ordinary

Purchase

607

34.9601 GBP

1p ordinary

Purchase

966

34.0113 GBP

1p ordinary

Sale

173

34.2400 GBP

1p ordinary

Sale

500

33.8000 GBP

1p ordinary

Sale

17,351

34.2688 GBP

1p ordinary

Purchase

150

33.7788 GBP

1p ordinary

Sale

3,198

34.2975 GBP

1p ordinary

Purchase

95

34.9800 GBP

1p ordinary

Purchase

136

34.1461 GBP

1p ordinary

Purchase

12,810

33.9570 GBP

1p ordinary

Purchase

279

34.8679 GBP

1p ordinary

Purchase

13,000

33.9464 GBP

1p ordinary

Purchase

189

34.9000 GBP

1p ordinary

Sale

21,000

34.3328 GBP

1p ordinary

Sale

500

34.5200 GBP

1p ordinary

Sale

266

33.8278 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

276

33.8372 GBP

1p ordinary

SWAP

Long

500

34.4609 GBP

1p ordinary

SWAP

Long

680

34.2610 GBP

1p ordinary

CFD

Long

964

34.2543 GBP

1p ordinary

CFD

Long

1,157

34.4744 GBP

1p ordinary

SWAP

Long

1,450

34.0093 GBP

1p ordinary

CFD

Long

2,168

33.8771 GBP

1p ordinary

CFD

Long

2,256

34.2799 GBP

1p ordinary

SWAP

Long

5,000

34.5794 GBP

1p ordinary

SWAP

Long

7,194

33.5373 GBP

1p ordinary

CFD

Long

17,776

33.7400 GBP

1p ordinary

SWAP

Long

21,000

34.3328 GBP

1p ordinary

SWAP

Long

22,892

34.0177 GBP

1p ordinary

SWAP

Long

25,957

34.2832 GBP

1p ordinary

SWAP

Long

30,181

34.1570 GBP

1p ordinary

SWAP

Short

15

33.5400 GBP

1p ordinary

SWAP

Short

88

34.2513 GBP

1p ordinary

SWAP

Short

257

34.2661 GBP

1p ordinary

CFD

Short

782

33.7400 GBP

1p ordinary

SWAP

Short

945

34.1907 GBP

1p ordinary

SWAP

Short

1,000

34.3886 GBP

1p ordinary

SWAP

Short

1,000

34.2861 GBP

1p ordinary

CFD

Short

1,229

33.7185 GBP

1p ordinary

SWAP

Short

1,709

34.2680 GBP

1p ordinary

SWAP

Short

1,951

33.9241 GBP

1p ordinary

SWAP

Short

8,578

33.8533 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:

02 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213