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 Nov 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:

7,477,953

6.57%

1,009,833

0.89%

(2)

Cash-settled derivatives:

and/or controlled:

1,005,069

0.88%

7,429,404

6.52%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

8,483,022

7.45%

8,439,237

7.41%

(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

20,184

38.2460 GBP

1p ordinary

Purchase

9,805

38.2400 GBP

1p ordinary

Purchase

658

38.2518 GBP

1p ordinary

Purchase

477

38.2600 GBP

1p ordinary

Purchase

454

38.2561 GBP

1p ordinary

Purchase

382

38.2562 GBP

1p ordinary

Purchase

255

38.2438 GBP

1p ordinary

Purchase

115

38.2588 GBP

1p ordinary

Purchase

99

38.2500 GBP

1p ordinary

Purchase

68

38.2380 GBP

1p ordinary

Purchase

57

38.2384 GBP

1p ordinary

Sale

19,473

38.2318 GBP

1p ordinary

Sale

15,788

38.2540 GBP

1p ordinary

Sale

12,657

38.2400 GBP

1p ordinary

Sale

4,939

38.2419 GBP

1p ordinary

Sale

4,594

38.2290 GBP

1p ordinary

Sale

2,106

38.2583 GBP

1p ordinary

Sale

1,469

38.2547 GBP

1p ordinary

Sale

1,385

38.2239 GBP

1p ordinary

Sale

1,023

38.2200 GBP

1p ordinary

Sale

576

38.2600 GBP

1p ordinary

Sale

354

38.2537 GBP

1p ordinary

Sale

325

38.2556 GBP

1p ordinary

Sale

239

38.2507 GBP

1p ordinary

Sale

219

38.2544 GBP

1p ordinary

Sale

148

38.2500 GBP

1p ordinary

Sale

2

38.2361 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

38.2361 GBP

1p ordinary

SWAP

Long

535

38.2200 GBP

1p ordinary

SWAP

Long

1,465

38.2335 GBP

1p ordinary

SWAP

Long

1,782

38.2169 GBP

1p ordinary

SWAP

Long

2,107

38.2385 GBP

1p ordinary

CFD

Long

2,110

38.2400 GBP

1p ordinary

SWAP

Long

3,546

38.2552 GBP

1p ordinary

SWAP

Long

3,651

38.2400 GBP

1p ordinary

SWAP

Long

6,469

38.2287 GBP

1p ordinary

SWAP

Long

15,736

38.2327 GBP

1p ordinary

SWAP

Long

15,788

38.2540 GBP

1p ordinary

SWAP

Short

255

38.2438 GBP

1p ordinary

SWAP

Short

454

38.2561 GBP

1p ordinary

SWAP

Short

658

38.2518 GBP

1p ordinary

SWAP

Short

2,053

38.2397 GBP

1p ordinary

SWAP

Short

2,211

38.2400 GBP

1p ordinary

CFD

Short

3,340

38.2400 GBP

1p ordinary

SWAP

Short

15,929

38.2477 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 Nov 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213