26th May 2023 11:14
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | Morgan Stanley & Co. International plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Dechra Pharmaceuticals plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | EQT (EQT X EUR SCSp and EQT X USD SCSp) |
(d) Date dealing undertaken: | 25 May 2023 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
1p ordinary | SALES | 235,821 | 32.0200 GBP | 31.0800 GBP |
1p ordinary | PURCHASES | 190,661 | 32.0600 GBP | 31.0600 GBP |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
1p ordinary | CFD | increasing a long position | 745 | 31.2678 GBP |
1p ordinary | CFD | increasing a long position | 265 | 31.3000 GBP |
1p ordinary | CFD | increasing a long position | 274 | 31.3068 GBP |
1p ordinary | CFD | increasing a long position | 263 | 31.3600 GBP |
1p ordinary | CFD | increasing a long position | 732 | 31.4629 GBP |
1p ordinary | CFD | increasing a long position | 1,000 | 31.5384 GBP |
1p ordinary | CFD | increasing a long position | 684 | 31.5923 GBP |
1p ordinary | CFD | increasing a long position | 6,976 | 31.7466 GBP |
1p ordinary | CFD | increasing a long position | 11 | 31.8400 GBP |
1p ordinary | CFD | increasing a long position | 587 | 31.9297 GBP |
1p ordinary | CFD | increasing a short position | 2,974 | 31.3010 GBP |
1p ordinary | CFD | increasing a short position | 22,335 | 31.4216 GBP |
1p ordinary | CFD | increasing a short position | 2,665 | 31.4216 GBP |
1p ordinary | CFD | increasing a short position | 1,000 | 31.4600 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 31.4952 GBP |
1p ordinary | CFD | increasing a short position | 379 | 31.5566 GBP |
1p ordinary | CFD | increasing a short position | 25,000 | 31.5802 GBP |
1p ordinary | CFD | increasing a short position | 5 | 31.6700 GBP |
1p ordinary | CFD | increasing a short position | 3 | 31.8133 GBP |
1p ordinary | CFD | increasing a short position | 665 | 31.8400 GBP |
1p ordinary | CFD | increasing a short position | 540 | 31.8400 GBP |
1p ordinary | CFD | increasing a short position | 408 | 31.8492 GBP |
1p ordinary | CFD | increasing a short position | 3,420 | 31.8492 GBP |
1p ordinary | CFD | increasing a short position | 1,066 | 31.8540 GBP |
1p ordinary | CFD | increasing a short position | 8,934 | 31.8540 GBP |
1p ordinary | CFD | reducing a long position | 274 | 31.3019 GBP |
1p ordinary | CFD | reducing a long position | 7 | 31.3600 GBP |
1p ordinary | CFD | reducing a long position | 732 | 31.4686 GBP |
1p ordinary | CFD | reducing a long position | 3,409 | 31.5453 GBP |
1p ordinary | CFD | reducing a long position | 263 | 31.5566 GBP |
1p ordinary | CFD | reducing a long position | 1 | 31.9800 GBP |
1p ordinary | CFD | reducing a short position | 446 | 31.2113 GBP |
1p ordinary | CFD | reducing a short position | 6,115 | 31.2377 GBP |
1p ordinary | CFD | reducing a short position | 1,247 | 31.2452 GBP |
1p ordinary | CFD | reducing a short position | 154 | 31.2452 GBP |
1p ordinary | CFD | reducing a short position | 1,777 | 31.2464 GBP |
1p ordinary | CFD | reducing a short position | 1,250 | 31.3729 GBP |
1p ordinary | CFD | reducing a short position | 2,467 | 31.4129 GBP |
1p ordinary | CFD | reducing a short position | 804 | 31.4592 GBP |
1p ordinary | CFD | reducing a short position | 1,000 | 31.5000 GBP |
1p ordinary | CFD | reducing a short position | 54 | 31.5395 GBP |
1p ordinary | CFD | reducing a short position | 892 | 31.6060 GBP |
1p ordinary | CFD | reducing a short position | 186 | 31.6178 GBP |
1p ordinary | CFD | reducing a short position | 243 | 31.6183 GBP |
1p ordinary | CFD | reducing a short position | 582 | 31.6320 GBP |
1p ordinary | CFD | reducing a short position | 98 | 31.6574 GBP |
1p ordinary | CFD | reducing a short position | 30,582 | 31.6906 GBP |
1p ordinary | CFD | reducing a short position | 695 | 31.7226 GBP |
1p ordinary | CFD | reducing a short position | 886 | 31.8324 GBP |
1p ordinary | CFD | reducing a short position | 1,794 | 31.8324 GBP |
1p ordinary | CFD | reducing a short position | 1,320 | 31.8324 GBP |
1p ordinary | CFD | reducing a short position | 379 | 31.8400 GBP |
1p ordinary | CFD | reducing a short position | 5,159 | 31.8400 GBP |
1p ordinary | CFD | reducing a short position | 768 | 31.8400 GBP |
1p ordinary | CFD | reducing a short position | 2,557 | 31.8400 GBP |
1p ordinary | CFD | reducing a short position | 10,000 | 31.8416 GBP |
1p ordinary | CFD | reducing a short position | 1,078 | 31.8441 GBP |
1p ordinary | CFD | reducing a short position | 355 | 31.8695 GBP |
1p ordinary | CFD | reducing a short position | 4,740 | 31.8697 GBP |
1p ordinary | CFD | reducing a short position | 15,816 | 31.8702 GBP |
1p ordinary | CFD | reducing a short position | 2,974 | 31.8763 GBP |
1p ordinary | CFD | reducing a short position | 10,000 | 31.9534 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
N/A | N/A | N/A | N/A |
3. OTHER INFORMATION
(a) Indemnity and other dealing 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: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
NONE
|
| Date of disclosure: | 26 May 2023 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
DPH.L