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Barclays PLC submitted a Form 8.3 Public Opening Position Disclosure/Dealing Disclosure related to Dechra Pharmaceuticals PLC on 21 April 2023. The disclosure detailed Barclays' interests and dealings in Dechra's 1p ordinary shares undertaken on 20 April 2023. Following these dealings, Barclays PLC held total interests of 2,088,292 shares (1.83%) and total short positions of 2,100,456 shares (1.84%) in Dechra Pharmaceuticals PLC.
| Date | 21 Apr 2023 |
| Time | 13:12:26 |
| Category | Holding(s) in company |
| ID | 0985X |
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FORM 8.3 |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY |
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A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR |
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MORE |
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Rule 8.3 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
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Barclays PLC. |
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(b) |
Owner or controller of interest and short |
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positions disclosed, if different from 1(a): |
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(c) |
Name of offeror/offeree in relation to whose |
DECHRA PHARMACEUTICALS PLC |
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relevant securities this form relates: |
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(d) |
If an exempt fund manager connected with an |
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offeror/offeree, state this and specify identity of |
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offeror/offeree: |
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(e) |
Date position held/dealing undertaken: |
20 Apr 2023 |
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(f) |
In addition to the company in 1(c) above, is the discloser making |
NO |
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disclosures in respect of any other party to the offer? |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing(if any) |
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Class of relevant security: |
1p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) |
Relevant securities owned |
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and/or controlled: |
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710,860 |
0.62% |
1,433,952 |
1.26% |
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(2) |
Cash-settled derivatives: |
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and/or controlled: |
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1,377,432 |
1.21% |
666,504 |
0.59% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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2,088,292 |
1.83% |
2,100,456 |
1.84% |
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(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
Number of |
Price per unit |
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security |
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securities |
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1p ordinary |
Purchase |
6 |
37.6800 GBP |
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1p ordinary |
Purchase |
75 |
37.5400 GBP |
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1p ordinary |
Purchase |
75 |
37.6000 GBP |
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1p ordinary |
Purchase |
84 |
37.6200 GBP |
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1p ordinary |
Purchase |
116 |
37.6267 GBP |
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1p ordinary |
Purchase |
141 |
37.6228 GBP |
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1p ordinary |
Purchase |
159 |
37.5894 GBP |
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1p ordinary |
Purchase |
195 |
37.6525 GBP |
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1p ordinary |
Purchase |
212 |
37.6400 GBP |
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1p ordinary |
Purchase |
271 |
37.6185 GBP |
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1p ordinary |
Purchase |
304 |
37.6827 GBP |
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1p ordinary |
Purchase |
345 |
37.6262 GBP |
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1p ordinary |
Purchase |
798 |
37.6314 GBP |
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1p ordinary |
Purchase |
904 |
37.5800 GBP |
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1p ordinary |
Purchase |
1,250 |
37.6297 GBP |
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1p ordinary |
Purchase |
1,684 |
37.6279 GBP |
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1p ordinary |
Purchase |
2,100 |
37.5700 GBP |
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1p ordinary |
Purchase |
2,618 |
37.6282 GBP |
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1p ordinary |
Purchase |
4,483 |
37.6545 GBP |
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1p ordinary |
Purchase |
4,860 |
37.6554 GBP |
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1p ordinary |
Purchase |
6,310 |
37.6329 GBP |
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1p ordinary |
Purchase |
6,913 |
37.6601 GBP |
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1p ordinary |
Purchase |
10,674 |
37.4959 GBP |
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1p ordinary |
Purchase |
11,210 |
37.6524 GBP |
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1p ordinary |
Purchase |
11,285 |
37.6600 GBP |
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1p ordinary |
Purchase |
12,758 |
37.5187 GBP |
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1p ordinary |
Purchase |
26,183 |
37.6331 GBP |
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1p ordinary |
Purchase |
42,714 |
37.6438 GBP |
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1p ordinary |
Purchase |
50,000 |
37.7188 GBP |
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1p ordinary |
Sale |
2 |
37.6637 GBP |
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1p ordinary |
Sale |
51 |
37.6364 GBP |
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1p ordinary |
Sale |
61 |
37.6363 GBP |
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1p ordinary |
Sale |
75 |
37.5400 GBP |
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1p ordinary |
Sale |
81 |
37.5800 GBP |
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1p ordinary |
Sale |
83 |
37.6159 GBP |
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1p ordinary |
Sale |
105 |
37.6508 GBP |
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1p ordinary |
Sale |
107 |
37.6166 GBP |
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1p ordinary |
Sale |
123 |
37.6499 GBP |
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1p ordinary |
Sale |
141 |
37.6356 GBP |
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1p ordinary |
Sale |
153 |
37.6803 GBP |
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1p ordinary |
Sale |
154 |
37.6594 GBP |
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1p ordinary |
Sale |
184 |
37.6463 GBP |
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1p ordinary |
Sale |
191 |
37.6449 GBP |
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1p ordinary |
Sale |
212 |
37.6333 GBP |
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1p ordinary |
Sale |
245 |
37.6462 GBP |
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1p ordinary |
Sale |
279 |
37.6517 GBP |
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1p ordinary |
Sale |
282 |
37.6000 GBP |
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1p ordinary |
Sale |
312 |
37.6376 GBP |
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1p ordinary |
Sale |
344 |
37.6300 GBP |
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1p ordinary |
Sale |
370 |
37.6564 GBP |
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1p ordinary |
Sale |
392 |
37.6037 GBP |
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1p ordinary |
Sale |
459 |
37.6326 GBP |
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1p ordinary |
Sale |
501 |
37.6633 GBP |
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1p ordinary |
Sale |
733 |
37.6756 GBP |
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1p ordinary |
Sale |
831 |
37.6106 GBP |
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1p ordinary |
Sale |
840 |
37.5925 GBP |
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1p ordinary |
Sale |
882 |
37.6090 GBP |
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1p ordinary |
Sale |
920 |
37.6481 GBP |
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1p ordinary |
Sale |
1,045 |
37.6367 GBP |
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1p ordinary |
Sale |
2,717 |
37.5813 GBP |
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1p ordinary |
Sale |
3,102 |
37.6530 GBP |
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1p ordinary |
Sale |
3,996 |
37.6189 GBP |
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1p ordinary |
Sale |
4,138 |
37.6400 GBP |
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1p ordinary |
Sale |
4,141 |
37.6262 GBP |
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1p ordinary |
Sale |
7,099 |
37.6618 GBP |
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1p ordinary |
Sale |
7,802 |
37.6202 GBP |
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1p ordinary |
Sale |
8,730 |
37.6602 GBP |
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1p ordinary |
Sale |
9,136 |
37.6600 GBP |
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1p ordinary |
Sale |
58,335 |
37.6347 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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1p ordinary |
CFD |
Long |
75 |
37.5400 GBP |
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1p ordinary |
CFD |
Long |
100 |
37.6800 GBP |
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1p ordinary |
CFD |
Long |
191 |
37.6449 GBP |
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1p ordinary |
SWAP |
Long |
374 |
37.5970 GBP |
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1p ordinary |
SWAP |
Long |
1,586 |
37.6455 GBP |
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1p ordinary |
SWAP |
Long |
2,800 |
37.6600 GBP |
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1p ordinary |
SWAP |
Long |
4,141 |
37.6262 GBP |
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1p ordinary |
CFD |
Long |
6,911 |
37.6600 GBP |
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1p ordinary |
SWAP |
Long |
7,902 |
37.6012 GBP |
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1p ordinary |
SWAP |
Long |
30,784 |
37.6418 GBP |
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1p ordinary |
SWAP |
Long |
30,955 |
37.6308 GBP |
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1p ordinary |
SWAP |
Short |
6 |
37.6800 GBP |
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1p ordinary |
SWAP |
Short |
7 |
37.7000 GBP |
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1p ordinary |
SWAP |
Short |
97 |
37.6263 GBP |
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1p ordinary |
SWAP |
Short |
123 |
37.6410 GBP |
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1p ordinary |
SWAP |
Short |
141 |
37.6228 GBP |
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1p ordinary |
CFD |
Short |
345 |
37.6262 GBP |
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1p ordinary |
CFD |
Short |
361 |
37.6597 GBP |
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1p ordinary |
SWAP |
Short |
386 |
37.6602 GBP |
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1p ordinary |
CFD |
Short |
621 |
37.6650 GBP |
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1p ordinary |
SWAP |
Short |
787 |
37.6372 GBP |
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1p ordinary |
CFD |
Short |
1,063 |
37.6600 GBP |
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1p ordinary |
SWAP |
Short |
1,260 |
37.6489 GBP |
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1p ordinary |
SWAP |
Short |
2,834 |
37.6600 GBP |
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1p ordinary |
SWAP |
Short |
4,386 |
37.6551 GBP |
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1p ordinary |
SWAP |
Short |
4,505 |
37.6176 GBP |
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1p ordinary |
CFD |
Short |
4,860 |
37.6554 GBP |
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1p ordinary |
SWAP |
Short |
6,558 |
37.6554 GBP |
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1p ordinary |
SWAP |
Short |
10,674 |
37.4959 GBP |
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1p ordinary |
SWAP |
Short |
12,758 |
37.5187 GBP |
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1p ordinary |
SWAP |
Short |
20,399 |
37.6323 GBP |
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1p ordinary |
SWAP |
Short |
42,205 |
37.6437 GBP |
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1p ordinary |
SWAP |
Short |
50,000 |
37.7188 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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of |
description |
purchasing, |
of |
price |
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date |
money |
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relevant |
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selling, |
securities |
per unit |
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paid/ |
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security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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security |
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securities |
unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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security |
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applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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the person making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
21 Apr 2023 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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