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:

02 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:

858,977

0.75%

694,706

0.61%

(2)

Cash-settled derivatives:

and/or controlled:

619,017

0.54%

763,005

0.67%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,477,994

1.30%

1,457,711

1.28%

(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

Purchase

26,010

36.5500 GBP

1p ordinary

Purchase

5

36.4440 GBP

1p ordinary

Purchase

87,384

36.5682 GBP

1p ordinary

Sale

154,818

36.4750 GBP

1p ordinary

Sale

405

36.5339 GBP

1p ordinary

Purchase

69

36.3163 GBP

1p ordinary

Sale

28,524

36.3443 GBP

1p ordinary

Sale

121

36.4000 GBP

1p ordinary

Sale

420

36.5389 GBP

1p ordinary

Purchase

1,020

36.5200 GBP

1p ordinary

Purchase

32,000

36.5028 GBP

1p ordinary

Purchase

12,412

36.5224 GBP

1p ordinary

Purchase

6,958

36.4331 GBP

1p ordinary

Sale

1,417

36.4694 GBP

1p ordinary

Sale

4,939

36.5200 GBP

1p ordinary

Sale

546

36.5004 GBP

1p ordinary

Purchase

21,438

36.5255 GBP

1p ordinary

Purchase

8,617

36.4677 GBP

1p ordinary

Sale

21,840

36.5376 GBP

1p ordinary

Purchase

27,623

36.3200 GBP

1p ordinary

Sale

98,766

36.4859 GBP

1p ordinary

Sale

2,733

36.5608 GBP

1p ordinary

Sale

1,382

36.5361 GBP

1p ordinary

Purchase

50,000

36.3273 GBP

1p ordinary

Sale

8,230

36.4934 GBP

1p ordinary

Sale

289

36.4957 GBP

1p ordinary

Sale

152

36.4871 GBP

1p ordinary

Sale

5,918

36.5224 GBP

1p ordinary

Purchase

35,043

36.5228 GBP

1p ordinary

Purchase

100

36.5600 GBP

1p ordinary

Sale

145

36.5436 GBP

1p ordinary

Sale

51,930

36.5236 GBP

1p ordinary

Sale

4,346

36.5501 GBP

1p ordinary

Sale

736

36.5051 GBP

1p ordinary

Purchase

28,524

36.3443 GBP

1p ordinary

Purchase

16,382

36.4900 GBP

1p ordinary

Sale

4,878

36.5206 GBP

1p ordinary

Purchase

176,984

36.4415 GBP

1p ordinary

Purchase

6,885

36.4416 GBP

1p ordinary

Purchase

145

36.5400 GBP

1p ordinary

Sale

2,464

36.5090 GBP

1p ordinary

Sale

9,000

36.4039 GBP

1p ordinary

Purchase

9,221

36.3154 GBP

1p ordinary

Sale

5,205

36.5451 GBP

1p ordinary

Sale

2,722

36.3200 GBP

1p ordinary

Sale

600

36.5500 GBP

1p ordinary

Purchase

45,000

36.4959 GBP

1p ordinary

Sale

68,748

36.4200 GBP

1p ordinary

Sale

8,427

36.5507 GBP

1p ordinary

Sale

214

36.4400 GBP

1p ordinary

Sale

36,094

36.5542 GBP

1p ordinary

Purchase

1,238

36.5000 GBP

1p ordinary

Sale

159

36.6000 GBP

1p ordinary

Sale

2,502

36.5100 GBP

1p ordinary

Purchase

28,341

36.5802 GBP

1p ordinary

Sale

20,609

36.3256 GBP

1p ordinary

Sale

100

36.5600 GBP

1p ordinary

Purchase

6,470

36.4903 GBP

1p ordinary

Purchase

11,183

36.3837 GBP

1p ordinary

Sale

9,507

36.5046 GBP

1p ordinary

Sale

25,939

36.5086 GBP

1p ordinary

Sale

4,873

36.5117 GBP

1p ordinary

Purchase

1,500

36.5518 GBP

1p ordinary

Sale

2,636

36.5300 GBP

1p ordinary

Sale

1,866

36.5400 GBP

1p ordinary

Purchase

24

36.5516 GBP

1p ordinary

Sale

44,079

36.4974 GBP

1p ordinary

Sale

624

36.5456 GBP

1p ordinary

Purchase

440

36.4200 GBP

1p ordinary

Sale

386

36.4885 GBP

1p ordinary

Purchase

171,504

36.4084 GBP

1p ordinary

Purchase

25,000

36.5325 GBP

1p ordinary

Purchase

39,098

36.4876 GBP

1p ordinary

Sale

1,124

36.5332 GBP

1p ordinary

Purchase

42,912

36.5502 GBP

1p ordinary

Sale

525

36.5358 GBP

1p ordinary

Purchase

10,000

36.5415 GBP

1p ordinary

Purchase

6,922

36.5378 GBP

1p ordinary

Sale

1,968

36.5460 GBP

1p ordinary

Purchase

5,284

36.5314 GBP

1p ordinary

Sale

2,700

36.5036 GBP

1p ordinary

Purchase

121

36.4000 GBP

1p ordinary

Purchase

4,116

36.4322 GBP

1p ordinary

Sale

1,397

36.4033 GBP

1p ordinary

Purchase

2,418

36.4400 GBP

1p ordinary

Sale

7,381

36.5433 GBP

1p ordinary

Sale

257

36.5681 GBP

1p ordinary

Sale

100,000

36.3273 GBP

1p ordinary

Sale

2,040

36.5030 GBP

1p ordinary

Sale

1,037

36.5359 GBP

1p ordinary

Sale

409

36.4008 GBP

1p ordinary

Purchase

13,378

36.4555 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

1p ordinary

CFD

Long

1

36.3200 GBP

1p ordinary

CFD

Long

250

36.3967 GBP

1p ordinary

CFD

Long

405

36.5339 GBP

1p ordinary

CFD

Long

420

36.5389 GBP

1p ordinary

CFD

Long

649

36.5789 GBP

1p ordinary

CFD

Long

1,301

36.4836 GBP

1p ordinary

CFD

Long

1,583

36.5051 GBP

1p ordinary

SWAP

Long

2,250

36.5007 GBP

1p ordinary

SWAP

Long

2,336

36.5661 GBP

1p ordinary

SWAP

Long

2,337

36.5662 GBP

1p ordinary

CFD

Long

4,000

36.4024 GBP

1p ordinary

SWAP

Long

4,793

36.4848 GBP

1p ordinary

SWAP

Long

9,000

36.4039 GBP

1p ordinary

SWAP

Long

51,698

36.4778 GBP

1p ordinary

SWAP

Long

74,249

36.4731 GBP

1p ordinary

SWAP

Long

100,486

36.4941 GBP

1p ordinary

SWAP

Short

5

36.4439 GBP

1p ordinary

SWAP

Short

91

36.4770 GBP

1p ordinary

SWAP

Short

293

36.4982 GBP

1p ordinary

SWAP

Short

527

36.5160 GBP

1p ordinary

SWAP

Short

643

36.4985 GBP

1p ordinary

SWAP

Short

1,200

36.4036 GBP

1p ordinary

SWAP

Short

4,116

36.4322 GBP

1p ordinary

SWAP

Short

11,183

36.3837 GBP

1p ordinary

SWAP

Short

12,129

36.3661 GBP

1p ordinary

SWAP

Short

15,000

36.5078 GBP

1p ordinary

CFD

Short

21,662

36.3200 GBP

1p ordinary

SWAP

Short

24,218

36.3200 GBP

1p ordinary

SWAP

Short

28,341

36.5802 GBP

1p ordinary

CFD

Short

28,524

36.3443 GBP

1p ordinary

SWAP

Short

32,000

36.5028 GBP

1p ordinary

CFD

Short

56,758

36.4513 GBP

1p ordinary

SWAP

Short

87,384

36.5682 GBP

1p ordinary

SWAP

Short

133,707

36.5214 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:

05 Jun 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213