24th May 2023 10:18
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: | 23 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 | PURCHASES | 276,150 | 32.5000 GBP | 31.4863 GBP |
1p ordinary | SALES | 238,951 | 32.5000 GBP | 31.4706 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 | 6,000 | 31.6526 GBP |
1p ordinary | CFD | increasing a long position | 16 | 31.7000 GBP |
1p ordinary | CFD | increasing a long position | 7,644 | 31.7725 GBP |
1p ordinary | CFD | increasing a long position | 803 | 31.8794 GBP |
1p ordinary | CFD | increasing a long position | 279 | 32.0600 GBP |
1p ordinary | CFD | increasing a short position | 5,000 | 31.5754 GBP |
1p ordinary | CFD | increasing a short position | 21 | 31.5886 GBP |
1p ordinary | CFD | increasing a short position | 233 | 31.6722 GBP |
1p ordinary | CFD | increasing a short position | 19,046 | 31.7000 GBP |
1p ordinary | CFD | increasing a short position | 4 | 31.7245 GBP |
1p ordinary | CFD | increasing a short position | 377 | 31.7260 GBP |
1p ordinary | CFD | increasing a short position | 11,600 | 31.7791 GBP |
1p ordinary | CFD | increasing a short position | 1,700 | 31.8004 GBP |
1p ordinary | CFD | increasing a short position | 1,106 | 31.8004 GBP |
1p ordinary | CFD | increasing a short position | 1,326 | 31.8050 GBP |
1p ordinary | CFD | increasing a short position | 51 | 31.8475 GBP |
1p ordinary | CFD | increasing a short position | 10,000 | 31.9000 GBP |
1p ordinary | CFD | increasing a short position | 1,626 | 31.9121 GBP |
1p ordinary | CFD | increasing a short position | 3,624 | 31.9121 GBP |
1p ordinary | CFD | increasing a short position | 1,540 | 31.9121 GBP |
1p ordinary | CFD | increasing a short position | 1,880 | 31.9185 GBP |
1p ordinary | CFD | increasing a short position | 4,330 | 31.9185 GBP |
1p ordinary | CFD | increasing a short position | 1,378 | 31.9373 GBP |
1p ordinary | CFD | increasing a short position | 199 | 31.9418 GBP |
1p ordinary | CFD | increasing a short position | 882 | 31.9549 GBP |
1p ordinary | CFD | increasing a short position | 87 | 32.0129 GBP |
1p ordinary | CFD | increasing a short position | 326 | 32.0129 GBP |
1p ordinary | CFD | increasing a short position | 28,999 | 32.0129 GBP |
1p ordinary | CFD | increasing a short position | 134 | 32.0129 GBP |
1p ordinary | CFD | increasing a short position | 208 | 32.0129 GBP |
1p ordinary | CFD | increasing a short position | 4,620 | 32.0129 GBP |
1p ordinary | CFD | increasing a short position | 7,738 | 32.0352 GBP |
1p ordinary | CFD | increasing a short position | 10,720 | 32.0352 GBP |
1p ordinary | CFD | increasing a short position | 8,542 | 32.0352 GBP |
1p ordinary | CFD | increasing a short position | 210 | 32.4076 GBP |
1p ordinary | CFD | reducing a long position | 666 | 31.5400 GBP |
1p ordinary | CFD | reducing a long position | 16 | 31.5400 GBP |
1p ordinary | CFD | reducing a long position | 4 | 31.6200 GBP |
1p ordinary | CFD | reducing a long position | 846 | 31.6532 GBP |
1p ordinary | CFD | reducing a long position | 211 | 31.6619 GBP |
1p ordinary | CFD | reducing a long position | 145 | 31.7000 GBP |
1p ordinary | CFD | reducing a long position | 5 | 31.7245 GBP |
1p ordinary | CFD | reducing a long position | 14 | 31.7764 GBP |
1p ordinary | CFD | reducing a short position | 6,000 | 31.4706 GBP |
1p ordinary | CFD | reducing a short position | 5,000 | 31.4907 GBP |
1p ordinary | CFD | reducing a short position | 14,500 | 31.6248 GBP |
1p ordinary | CFD | reducing a short position | 559 | 31.6297 GBP |
1p ordinary | CFD | reducing a short position | 208 | 31.6491 GBP |
1p ordinary | CFD | reducing a short position | 372 | 31.6705 GBP |
1p ordinary | CFD | reducing a short position | 2,056 | 31.6879 GBP |
1p ordinary | CFD | reducing a short position | 21 | 31.6895 GBP |
1p ordinary | CFD | reducing a short position | 3,000 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 199 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 2,026 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 2,437 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 513 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 18 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 176 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 7,063 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 141 | 31.7000 GBP |
1p ordinary | CFD | reducing a short position | 649 | 31.7300 GBP |
1p ordinary | CFD | reducing a short position | 7,993 | 31.8137 GBP |
1p ordinary | CFD | reducing a short position | 986 | 31.8137 GBP |
1p ordinary | CFD | reducing a short position | 992 | 31.8142 GBP |
1p ordinary | CFD | reducing a short position | 223 | 31.8445 GBP |
1p ordinary | CFD | reducing a short position | 217 | 31.8929 GBP |
1p ordinary | CFD | reducing a short position | 2,000 | 31.9082 GBP |
1p ordinary | CFD | reducing a short position | 1,000 | 31.9990 GBP |
1p ordinary | CFD | reducing a short position | 16,000 | 32.0800 GBP |
1p ordinary | CFD | reducing a short position | 882 | 32.1458 GBP |
1p ordinary | CFD | reducing a short position | 210 | 32.3505 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: | 24 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