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 relevant securities this form relates:

DECHRA PHARMACEUTICALS PLC

(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:

18 Sep 2023

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

NO

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:

6,748,615

5.93%

1,231,241

1.08%

(2) Cash-settled derivatives:

1,213,516

1.07%

6,645,930

5.84%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

7,962,131

6.99%

7,877,171

6.92%

(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 PERSON MAKING THE DISCLOSURE

(a)

Purchase and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

1p ordinary

Purchase

25,000

38.1190 GBP

1p ordinary

Purchase

4,704

38.1858 GBP

1p ordinary

Purchase

1,852

38.1519 GBP

1p ordinary

Purchase

1,499

38.1026 GBP

1p ordinary

Purchase

1,477

38.0900 GBP

1p ordinary

Purchase

1,154

38.0974 GBP

1p ordinary

Purchase

947

38.1550 GBP

1p ordinary

Purchase

538

38.1126 GBP

1p ordinary

Purchase

526

38.1400 GBP

1p ordinary

Purchase

330

38.1003 GBP

1p ordinary

Purchase

314

38.1200 GBP

1p ordinary

Purchase

295

38.1932 GBP

1p ordinary

Purchase

284

38.1177 GBP

1p ordinary

Purchase

32

38.2200 GBP

1p ordinary

Purchase

7

38.1300 GBP

1p ordinary

Sale

301,227

38.1600 GBP

1p ordinary

Sale

21,499

38.1137 GBP

1p ordinary

Sale

14,930

38.1198 GBP

1p ordinary

Sale

2,988

38.1027 GBP

1p ordinary

Sale

2,230

38.1053 GBP

1p ordinary

Sale

1,257

38.0900 GBP

1p ordinary

Sale

1,053

38.1594 GBP

1p ordinary

Sale

507

38.1400 GBP

1p ordinary

Sale

173

38.1200 GBP

1p ordinary

Sale

111

38.1529 GBP

1p ordinary

Sale

86

38.1518 GBP

1p ordinary

Sale

72

38.1100 GBP

1p ordinary

Sale

22

38.1254 GBP

1p ordinary

Sale

16

38.1112 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

1p ordinary

SWAP

Long

16

38.1111 GBP

1p ordinary

SWAP

Long

22

38.1252 GBP

1p ordinary

SWAP

Long

111

38.1529 GBP

1p ordinary

SWAP

Long

599

38.1369 GBP

1p ordinary

SWAP

Long

1,053

38.1594 GBP

1p ordinary

SWAP

Long

1,806

38.0931 GBP

1p ordinary

SWAP

Long

6,302

38.1058 GBP

1p ordinary

SWAP

Long

12,040

38.1242 GBP

1p ordinary

SWAP

Long

21,499

38.1137 GBP

1p ordinary

SWAP

Long

301,227

38.1600 GBP

1p ordinary

SWAP

Short

1

38.1238 GBP

1p ordinary

SWAP

Short

46

38.1191 GBP

1p ordinary

SWAP

Short

223

38.1200 GBP

1p ordinary

SWAP

Short

1,241

38.1686 GBP

1p ordinary

SWAP

Short

1,499

38.1026 GBP

1p ordinary

SWAP

Short

1,963

38.1266 GBP

1p ordinary

SWAP

Short

2,710

38.1250 GBP

1p ordinary

SWAP

Short

4,735

38.1848 GBP

1p ordinary

SWAP

Short

25,000

38.1190 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

Option money paid/ received per unit

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if 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 person 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:

19 Sep 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213