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:

28 Dec 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:

8,034,340

7.05%

802,067

0.70%

(2)

Cash-settled derivatives:

and/or controlled:

799,498

0.70%

7,964,565

6.99%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

8,833,838

7.76%

8,766,632

7.70%

(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

18,564

38.5775 GBP

1p ordinary

Purchase

11,586

38.5677 GBP

1p ordinary

Purchase

11,248

38.5648 GBP

1p ordinary

Purchase

9,454

38.5717 GBP

1p ordinary

Purchase

8,127

38.5780 GBP

1p ordinary

Purchase

6,664

38.5723 GBP

1p ordinary

Purchase

5,753

38.5662 GBP

1p ordinary

Purchase

811

38.5200 GBP

1p ordinary

Purchase

499

38.5800 GBP

1p ordinary

Purchase

466

38.5540 GBP

1p ordinary

Purchase

459

38.5600 GBP

1p ordinary

Purchase

156

38.5700 GBP

1p ordinary

Purchase

75

38.5593 GBP

1p ordinary

Purchase

17

38.5811 GBP

1p ordinary

Purchase

2

38.5850 GBP

1p ordinary

Sale

160,000

38.5214 GBP

1p ordinary

Sale

50,000

38.5507 GBP

1p ordinary

Sale

8,626

38.5800 GBP

1p ordinary

Sale

4,109

38.5579 GBP

1p ordinary

Sale

2,137

38.5567 GBP

1p ordinary

Sale

1,000

38.5600 GBP

1p ordinary

Sale

935

38.5469 GBP

1p ordinary

Sale

414

38.5516 GBP

1p ordinary

Sale

156

38.5700 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

Decreasing Long

2,698

38.5800 GBP

1p ordinary

SWAP

Decreasing Long

9,600

38.5714 GBP

1p ordinary

SWAP

Decreasing Short

414

38.5516 GBP

1p ordinary

SWAP

Decreasing Short

2,014

38.5787 GBP

1p ordinary

SWAP

Decreasing Short

6,167

38.5493 GBP

1p ordinary

SWAP

Decreasing Short

50,000

38.5507 GBP

1p ordinary

SWAP

Decreasing Short

160,000

38.5214 GBP

1p ordinary

SWAP

Increasing Short

2

38.5838 GBP

1p ordinary

SWAP

Increasing Short

17

38.5809 GBP

1p ordinary

SWAP

Increasing Short

459

38.5638 GBP

1p ordinary

SWAP

Increasing Short

466

38.5540 GBP

1p ordinary

CFD

Increasing Short

2,289

38.5228 GBP

1p ordinary

SWAP

Increasing Short

5,728

38.5800 GBP

1p ordinary

SWAP

Increasing Short

9,454

38.5717 GBP

1p ordinary

SWAP

Increasing Short

11,248

38.5648 GBP

1p ordinary

SWAP

Increasing Short

11,477

38.5796 GBP

1p ordinary

CFD

Increasing Short

11,586

38.5677 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:

29 Dec 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213