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:

24 May 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:

766,262

0.67%

576,757

0.51%

(2)

Cash-settled derivatives:

and/or controlled:

560,256

0.49%

735,798

0.65%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,326,518

1.16%

1,312,555

1.15%

(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

22

31.1100 GBP

1p ordinary

Purchase

62

30.8211 GBP

1p ordinary

Purchase

66

31.6600 GBP

1p ordinary

Purchase

90

30.9800 GBP

1p ordinary

Purchase

119

31.1200 GBP

1p ordinary

Purchase

134

30.9900 GBP

1p ordinary

Purchase

135

31.1600 GBP

1p ordinary

Purchase

135

31.0990 GBP

1p ordinary

Purchase

139

30.9021 GBP

1p ordinary

Purchase

155

31.1322 GBP

1p ordinary

Purchase

200

31.9000 GBP

1p ordinary

Purchase

229

31.0795 GBP

1p ordinary

Purchase

247

31.0909 GBP

1p ordinary

Purchase

294

31.0422 GBP

1p ordinary

Purchase

296

30.8200 GBP

1p ordinary

Purchase

307

31.0775 GBP

1p ordinary

Purchase

309

31.0764 GBP

1p ordinary

Purchase

335

31.1000 GBP

1p ordinary

Purchase

481

30.9600 GBP

1p ordinary

Purchase

960

30.9400 GBP

1p ordinary

Purchase

1,271

31.1541 GBP

1p ordinary

Purchase

1,319

30.9875 GBP

1p ordinary

Purchase

5,425

30.9783 GBP

1p ordinary

Purchase

8,000

31.0987 GBP

1p ordinary

Purchase

15,723

31.8242 GBP

1p ordinary

Purchase

17,188

31.0202 GBP

1p ordinary

Purchase

21,696

32.0046 GBP

1p ordinary

Purchase

22,610

31.0200 GBP

1p ordinary

Purchase

40,342

31.0445 GBP

1p ordinary

Sale

22

31.9445 GBP

1p ordinary

Sale

33

30.9800 GBP

1p ordinary

Sale

38

31.8200 GBP

1p ordinary

Sale

66

31.6600 GBP

1p ordinary

Sale

128

31.8915 GBP

1p ordinary

Sale

135

31.1000 GBP

1p ordinary

Sale

135

31.1600 GBP

1p ordinary

Sale

163

30.9748 GBP

1p ordinary

Sale

175

31.1200 GBP

1p ordinary

Sale

188

30.9609 GBP

1p ordinary

Sale

227

31.6503 GBP

1p ordinary

Sale

251

31.9099 GBP

1p ordinary

Sale

296

30.8210 GBP

1p ordinary

Sale

326

30.9651 GBP

1p ordinary

Sale

474

31.8311 GBP

1p ordinary

Sale

530

30.9751 GBP

1p ordinary

Sale

583

31.0582 GBP

1p ordinary

Sale

614

31.9752 GBP

1p ordinary

Sale

648

31.0001 GBP

1p ordinary

Sale

714

31.8909 GBP

1p ordinary

Sale

714

30.9600 GBP

1p ordinary

Sale

721

31.8726 GBP

1p ordinary

Sale

723

31.6699 GBP

1p ordinary

Sale

736

31.7692 GBP

1p ordinary

Sale

884

31.4347 GBP

1p ordinary

Sale

1,118

31.9249 GBP

1p ordinary

Sale

1,208

31.9419 GBP

1p ordinary

Sale

1,220

31.6899 GBP

1p ordinary

Sale

1,428

31.0557 GBP

1p ordinary

Sale

1,906

31.0184 GBP

1p ordinary

Sale

2,403

31.8016 GBP

1p ordinary

Sale

2,808

31.0970 GBP

1p ordinary

Sale

3,000

31.0004 GBP

1p ordinary

Sale

4,247

31.3262 GBP

1p ordinary

Sale

11,277

31.3545 GBP

1p ordinary

Sale

20,502

31.1609 GBP

1p ordinary

Sale

22,379

31.0200 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

66

31.6600 GBP

1p ordinary

CFD

Long

163

30.9749 GBP

1p ordinary

SWAP

Long

500

31.4021 GBP

1p ordinary

SWAP

Long

700

30.9569 GBP

1p ordinary

SWAP

Long

865

31.7571 GBP

1p ordinary

CFD

Long

924

30.9758 GBP

1p ordinary

CFD

Long

1,105

31.0958 GBP

1p ordinary

SWAP

Long

3,000

31.0004 GBP

1p ordinary

CFD

Long

3,809

30.9884 GBP

1p ordinary

CFD

Long

6,268

31.0200 GBP

1p ordinary

SWAP

Long

14,142

31.3648 GBP

1p ordinary

SWAP

Short

33

30.8933 GBP

1p ordinary

SWAP

Short

62

30.8210 GBP

1p ordinary

SWAP

Short

120

31.3853 GBP

1p ordinary

SWAP

Short

200

31.6031 GBP

1p ordinary

SWAP

Short

347

31.3764 GBP

1p ordinary

SWAP

Short

1,000

30.9469 GBP

1p ordinary

SWAP

Short

1,017

31.3637 GBP

1p ordinary

SWAP

Short

2,224

31.3636 GBP

1p ordinary

CFD

Short

6,334

31.0200 GBP

1p ordinary

SWAP

Short

8,000

31.0987 GBP

1p ordinary

SWAP

Short

9,211

30.9560 GBP

1p ordinary

SWAP

Short

12,863

31.0284 GBP

1p ordinary

SWAP

Short

21,328

31.0162 GBP

1p ordinary

SWAP

Short

21,696

32.0046 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:

25 May 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213