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:

25 Oct 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:

7,717,978

6.78%

2,016,907

1.77%

(2)

Cash-settled derivatives:

and/or controlled:

1,344,132

1.18%

7,622,700

6.69%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

9,062,110

7.96%

9,639,607

8.46%

(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

15,495

37.6315 GBP

1p ordinary

Purchase

12,137

37.5863 GBP

1p ordinary

Purchase

7,937

37.5332 GBP

1p ordinary

Purchase

4,552

37.5046 GBP

1p ordinary

Purchase

4,437

37.5448 GBP

1p ordinary

Purchase

4,351

37.6352 GBP

1p ordinary

Purchase

4,124

37.5369 GBP

1p ordinary

Purchase

4,107

37.5372 GBP

1p ordinary

Purchase

2,448

37.5625 GBP

1p ordinary

Purchase

2,303

37.6214 GBP

1p ordinary

Purchase

2,088

37.5800 GBP

1p ordinary

Purchase

1,621

37.5805 GBP

1p ordinary

Purchase

1,258

37.6000 GBP

1p ordinary

Purchase

1,159

37.6075 GBP

1p ordinary

Purchase

1,106

37.6316 GBP

1p ordinary

Purchase

1,079

37.5490 GBP

1p ordinary

Purchase

991

37.6342 GBP

1p ordinary

Purchase

940

37.5946 GBP

1p ordinary

Purchase

914

37.6319 GBP

1p ordinary

Purchase

469

37.6011 GBP

1p ordinary

Purchase

442

37.6147 GBP

1p ordinary

Purchase

412

37.6200 GBP

1p ordinary

Purchase

292

37.7900 GBP

1p ordinary

Purchase

200

37.4000 GBP

1p ordinary

Purchase

136

37.7400 GBP

1p ordinary

Sale

20,937

37.5581 GBP

1p ordinary

Sale

11,140

37.5800 GBP

1p ordinary

Sale

5,403

37.5343 GBP

1p ordinary

Sale

5,355

37.5544 GBP

1p ordinary

Sale

2,141

37.6181 GBP

1p ordinary

Sale

1,165

37.5927 GBP

1p ordinary

Sale

1,019

37.6000 GBP

1p ordinary

Sale

980

37.5131 GBP

1p ordinary

Sale

963

37.5643 GBP

1p ordinary

Sale

953

37.6331 GBP

1p ordinary

Sale

729

37.5767 GBP

1p ordinary

Sale

141

37.6200 GBP

1p ordinary

Sale

119

37.5400 GBP

1p ordinary

Sale

108

37.7162 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

108

37.7162 GBP

1p ordinary

SWAP

Long

119

37.5400 GBP

1p ordinary

SWAP

Long

953

37.6331 GBP

1p ordinary

CFD

Long

1,500

37.5966 GBP

1p ordinary

SWAP

Long

2,141

37.6181 GBP

1p ordinary

SWAP

Long

3,153

37.5214 GBP

1p ordinary

CFD

Long

5,403

37.5343 GBP

1p ordinary

SWAP

Long

6,945

37.5535 GBP

1p ordinary

CFD

Long

10,038

37.5800 GBP

1p ordinary

SWAP

Long

11,771

37.5762 GBP

1p ordinary

SWAP

Short

136

37.7400 GBP

1p ordinary

SWAP

Short

164

37.5829 GBP

1p ordinary

SWAP

Short

293

37.6072 GBP

1p ordinary

SWAP

Short

442

37.6148 GBP

1p ordinary

CFD

Short

1,159

37.6075 GBP

1p ordinary

SWAP

Short

1,621

37.5805 GBP

1p ordinary

SWAP

Short

1,637

37.6281 GBP

1p ordinary

SWAP

Short

4,351

37.6352 GBP

1p ordinary

SWAP

Short

4,530

37.5678 GBP

1p ordinary

SWAP

Short

4,552

37.5046 GBP

1p ordinary

SWAP

Short

9,392

37.6081 GBP

1p ordinary

SWAP

Short

10,000

37.4905 GBP

1p ordinary

SWAP

Short

10,000

37.6030 GBP

1p ordinary

SWAP

Short

15,495

37.6315 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:

26 Oct 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213