5th Jun 2023 10:04
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: | 02 June 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 | 2,098,384 | 36.7000 GBP | 36.3000 GBP |
1p ordinary | PURCHASES | 2,647,522 | 36.8552 GBP | 36.3187 GBP |
1p ordinary | PURCHASES | 768 | 45.2812 USD | 45.2812 USD |
(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 | 2,000 | 36.2697 GBP |
1p ordinary | CFD | increasing a long position | 16 | 36.3200 GBP |
1p ordinary | CFD | increasing a long position | 2,083 | 36.3200 GBP |
1p ordinary | CFD | increasing a long position | 21,157 | 36.4306 GBP |
1p ordinary | CFD | increasing a long position | 698 | 36.4570 GBP |
1p ordinary | CFD | increasing a long position | 50,000 | 36.4669 GBP |
1p ordinary | CFD | increasing a long position | 1,766 | 36.4688 GBP |
1p ordinary | CFD | increasing a long position | 284 | 36.4767 GBP |
1p ordinary | CFD | increasing a long position | 1 | 36.4800 GBP |
1p ordinary | CFD | increasing a long position | 293 | 36.4855 GBP |
1p ordinary | CFD | increasing a long position | 37,556 | 36.4898 GBP |
1p ordinary | CFD | increasing a long position | 36,500 | 36.5002 GBP |
1p ordinary | CFD | increasing a long position | 980 | 36.5083 GBP |
1p ordinary | CFD | increasing a long position | 9,503 | 36.5106 GBP |
1p ordinary | CFD | increasing a long position | 303 | 36.5117 GBP |
1p ordinary | CFD | increasing a long position | 729 | 36.5280 GBP |
1p ordinary | CFD | increasing a long position | 102 | 36.5389 GBP |
1p ordinary | CFD | increasing a long position | 1,908 | 36.5402 GBP |
1p ordinary | CFD | increasing a long position | 378 | 36.5423 GBP |
1p ordinary | CFD | increasing a long position | 316 | 36.5480 GBP |
1p ordinary | CFD | increasing a long position | 852 | 36.5541 GBP |
1p ordinary | CFD | increasing a long position | 103 | 36.5541 GBP |
1p ordinary | CFD | increasing a short position | 99 | 36.3200 GBP |
1p ordinary | CFD | increasing a short position | 248 | 36.3200 GBP |
1p ordinary | CFD | increasing a short position | 24 | 36.3200 GBP |
1p ordinary | CFD | increasing a short position | 10,493 | 36.3200 GBP |
1p ordinary | CFD | increasing a short position | 238 | 36.3200 GBP |
1p ordinary | CFD | increasing a short position | 30,000 | 36.3567 GBP |
1p ordinary | CFD | increasing a short position | 68 | 36.3745 GBP |
1p ordinary | CFD | increasing a short position | 9,339 | 36.3745 GBP |
1p ordinary | CFD | increasing a short position | 106 | 36.3745 GBP |
1p ordinary | CFD | increasing a short position | 1,500 | 36.3745 GBP |
1p ordinary | CFD | increasing a short position | 565 | 36.3745 GBP |
1p ordinary | CFD | increasing a short position | 894 | 36.3745 GBP |
1p ordinary | CFD | increasing a short position | 300 | 36.3784 GBP |
1p ordinary | CFD | increasing a short position | 50,000 | 36.3855 GBP |
1p ordinary | CFD | increasing a short position | 5,600 | 36.3924 GBP |
1p ordinary | CFD | increasing a short position | 65,000 | 36.4000 GBP |
1p ordinary | CFD | increasing a short position | 19,000 | 36.4200 GBP |
1p ordinary | CFD | increasing a short position | 31 | 36.4352 GBP |
1p ordinary | CFD | increasing a short position | 100,000 | 36.4600 GBP |
1p ordinary | CFD | increasing a short position | 50,000 | 36.4655 GBP |
1p ordinary | CFD | increasing a short position | 2,496 | 36.4815 GBP |
1p ordinary | CFD | increasing a short position | 1,662 | 36.4815 GBP |
1p ordinary | CFD | increasing a short position | 2,470 | 36.4815 GBP |
1p ordinary | CFD | increasing a short position | 10,378 | 36.4819 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 36.4850 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 36.4944 GBP |
1p ordinary | CFD | increasing a short position | 68,589 | 36.4952 GBP |
1p ordinary | CFD | increasing a short position | 499 | 36.4955 GBP |
1p ordinary | CFD | increasing a short position | 494 | 36.4955 GBP |
1p ordinary | CFD | increasing a short position | 332 | 36.4955 GBP |
1p ordinary | CFD | increasing a short position | 200,000 | 36.4998 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 36.5005 GBP |
1p ordinary | CFD | increasing a short position | 228,482 | 36.5200 GBP |
1p ordinary | CFD | increasing a short position | 22,130 | 36.5200 GBP |
1p ordinary | CFD | increasing a short position | 13,933 | 36.5200 GBP |
1p ordinary | CFD | increasing a short position | 620 | 36.5255 GBP |
1p ordinary | CFD | increasing a short position | 922 | 36.5256 GBP |
1p ordinary | CFD | increasing a short position | 931 | 36.5256 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 36.5275 GBP |
1p ordinary | CFD | increasing a short position | 57,116 | 36.5293 GBP |
1p ordinary | CFD | increasing a short position | 1,568 | 36.5400 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 36.5422 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 36.5455 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 36.5483 GBP |
1p ordinary | CFD | increasing a short position | 2,234 | 36.5518 GBP |
1p ordinary | CFD | increasing a short position | 3,752 | 36.5518 GBP |
1p ordinary | CFD | increasing a short position | 1,408 | 36.5518 GBP |
1p ordinary | CFD | increasing a short position | 170 | 36.5518 GBP |
1p ordinary | CFD | increasing a short position | 23,349 | 36.5518 GBP |
1p ordinary | CFD | increasing a short position | 266 | 36.5518 GBP |
1p ordinary | CFD | increasing a short position | 15,914 | 36.5522 GBP |
1p ordinary | CFD | increasing a short position | 14,080 | 36.5522 GBP |
1p ordinary | CFD | increasing a short position | 41,200 | 36.5522 GBP |
1p ordinary | CFD | increasing a short position | 3,806 | 36.5522 GBP |
1p ordinary | CFD | increasing a short position | 20,000 | 36.5544 GBP |
1p ordinary | CFD | increasing a short position | 4,750 | 36.5582 GBP |
1p ordinary | CFD | increasing a short position | 7,500 | 36.5583 GBP |
1p ordinary | CFD | increasing a short position | 1 | 36.5600 GBP |
1p ordinary | CFD | increasing a short position | 13,000 | 36.5631 GBP |
1p ordinary | CFD | increasing a short position | 3,454 | 36.5656 GBP |
1p ordinary | CFD | increasing a short position | 3,418 | 36.5656 GBP |
1p ordinary | CFD | increasing a short position | 2,299 | 36.5656 GBP |
1p ordinary | CFD | increasing a short position | 13,756 | 36.5703 GBP |
1p ordinary | CFD | increasing a short position | 85,608 | 36.5703 GBP |
1p ordinary | CFD | increasing a short position | 978 | 36.5703 GBP |
1p ordinary | CFD | increasing a short position | 624 | 36.5703 GBP |
1p ordinary | CFD | increasing a short position | 14,092 | 36.5703 GBP |
1p ordinary | CFD | increasing a short position | 8,872 | 36.5703 GBP |
1p ordinary | CFD | increasing a short position | 11,500 | 36.5765 GBP |
1p ordinary | CFD | increasing a short position | 2,234 | 36.5948 GBP |
1p ordinary | CFD | increasing a short position | 266 | 36.5948 GBP |
1p ordinary | CFD | increasing a short position | 23,347 | 36.5948 GBP |
1p ordinary | CFD | increasing a short position | 170 | 36.5948 GBP |
1p ordinary | CFD | increasing a short position | 1,409 | 36.5948 GBP |
1p ordinary | CFD | increasing a short position | 3,752 | 36.5948 GBP |
1p ordinary | CFD | increasing a short position | 1,432 | 36.5967 GBP |
1p ordinary | CFD | increasing a short position | 1,418 | 36.5967 GBP |
1p ordinary | CFD | increasing a short position | 954 | 36.5967 GBP |
1p ordinary | CFD | increasing a short position | 40,000 | 36.6716 GBP |
1p ordinary | CFD | increasing a short position | 400 | 36.6816 GBP |
1p ordinary | CFD | increasing a short position | 256 | 36.6816 GBP |
1p ordinary | CFD | increasing a short position | 5,628 | 36.6816 GBP |
1p ordinary | CFD | increasing a short position | 35,023 | 36.6816 GBP |
1p ordinary | CFD | increasing a short position | 3,350 | 36.6816 GBP |
1p ordinary | CFD | increasing a short position | 2,109 | 36.6816 GBP |
1p ordinary | CFD | increasing a short position | 11,674 | 36.8552 GBP |
1p ordinary | CFD | increasing a short position | 1,876 | 36.8552 GBP |
1p ordinary | CFD | increasing a short position | 134 | 36.8552 GBP |
1p ordinary | CFD | increasing a short position | 1,118 | 36.8552 GBP |
1p ordinary | CFD | increasing a short position | 701 | 36.8552 GBP |
1p ordinary | CFD | increasing a short position | 86 | 36.8552 GBP |
1p ordinary | CFD | reducing a long position | 768 | 36.3200 GBP |
1p ordinary | CFD | reducing a long position | 23,106 | 36.3200 GBP |
1p ordinary | CFD | reducing a long position | 1,294 | 36.3411 GBP |
1p ordinary | CFD | reducing a long position | 2,498 | 36.5259 GBP |
1p ordinary | CFD | reducing a long position | 10,000 | 36.5508 GBP |
1p ordinary | CFD | reducing a short position | 96 | 36.3200 GBP |
1p ordinary | CFD | reducing a short position | 110 | 36.3200 GBP |
1p ordinary | CFD | reducing a short position | 328 | 36.3200 GBP |
1p ordinary | CFD | reducing a short position | 10,201 | 36.3200 GBP |
1p ordinary | CFD | reducing a short position | 91 | 36.3200 GBP |
1p ordinary | CFD | reducing a short position | 2 | 36.3650 GBP |
1p ordinary | CFD | reducing a short position | 212 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 67 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 7,729 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 2,805 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 540 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 27,285 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 692 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 39 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 83 | 36.4414 GBP |
1p ordinary | CFD | reducing a short position | 6,500 | 36.4592 GBP |
1p ordinary | CFD | reducing a short position | 1,270 | 36.4604 GBP |
1p ordinary | CFD | reducing a short position | 50,000 | 36.4652 GBP |
1p ordinary | CFD | reducing a short position | 155,850 | 36.4717 GBP |
1p ordinary | CFD | reducing a short position | 15,600 | 36.4722 GBP |
1p ordinary | CFD | reducing a short position | 100,000 | 36.4904 GBP |
1p ordinary | CFD | reducing a short position | 27,150 | 36.4910 GBP |
1p ordinary | CFD | reducing a short position | 57,116 | 36.4966 GBP |
1p ordinary | CFD | reducing a short position | 50,000 | 36.5035 GBP |
1p ordinary | CFD | reducing a short position | 1,392 | 36.5040 GBP |
1p ordinary | CFD | reducing a short position | 1,361 | 36.5040 GBP |
1p ordinary | CFD | reducing a short position | 1,200 | 36.5040 GBP |
1p ordinary | CFD | reducing a short position | 1,327 | 36.5040 GBP |
1p ordinary | CFD | reducing a short position | 68,589 | 36.5083 GBP |
1p ordinary | CFD | reducing a short position | 1,974 | 36.5139 GBP |
1p ordinary | CFD | reducing a short position | 50,000 | 36.5140 GBP |
1p ordinary | CFD | reducing a short position | 15,000 | 36.5187 GBP |
1p ordinary | CFD | reducing a short position | 8,760 | 36.5195 GBP |
1p ordinary | CFD | reducing a short position | 25,000 | 36.5234 GBP |
1p ordinary | CFD | reducing a short position | 1,568 | 36.5280 GBP |
1p ordinary | CFD | reducing a short position | 10,000 | 36.5296 GBP |
1p ordinary | CFD | reducing a short position | 317 | 36.5378 GBP |
1p ordinary | CFD | reducing a short position | 231 | 36.5378 GBP |
1p ordinary | CFD | reducing a short position | 161 | 36.5378 GBP |
1p ordinary | CFD | reducing a short position | 25,000 | 36.5400 GBP |
1p ordinary | CFD | reducing a short position | 248 | 36.5400 GBP |
1p ordinary | CFD | reducing a short position | 6,000 | 36.5400 GBP |
1p ordinary | CFD | reducing a short position | 100 | 36.5400 GBP |
1p ordinary | CFD | reducing a short position | 232 | 36.5426 GBP |
1p ordinary | CFD | reducing a short position | 19,940 | 36.5448 GBP |
1p ordinary | CFD | reducing a short position | 38,846 | 36.5448 GBP |
1p ordinary | CFD | reducing a short position | 20,174 | 36.5448 GBP |
1p ordinary | CFD | reducing a short position | 20,207 | 36.5448 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: | 05 June 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:
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