t
Barclays PLC made a Rule 8.3 disclosure on 03 May 2023 concerning its positions and dealings in Dechra Pharmaceuticals PLC's 1p ordinary shares as of 27 April 2023. On 27 April 2023, Barclays PLC reported total interests of 1.74% (1,976,928 shares) and total short positions of 1.74% (1,976,447 shares) in Dechra Pharmaceuticals PLC. This disclosure included multiple purchases and sales of ordinary shares, and various cash-settled derivative transactions undertaken on the same date.
| Date | 4 May 2023 |
| Time | 07:00:02 |
| Category | Holding(s) in company |
| ID | 3420Y |
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FORM 8.3 |
Amendment to Purchase |
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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: |
27 April 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: |
772,061 |
0.68% |
1,267,368 |
1.11% |
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(2) |
Cash-settled derivatives: |
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1,204,867 |
1.06% |
709,079 |
0.62% |
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(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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1,976,928 |
1.74% |
1,976,447 |
1.74% |
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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 PERSON MAKING THE DISCLOSURE |
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(a) |
Purchases and sales |
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Class of relevant |
Purchase/sale |
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Number of |
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Price per unit |
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security |
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securities |
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1p ordinary |
Purchase |
4 |
37.1600 GBP |
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1p ordinary |
Purchase |
7 |
37.2162 GBP |
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1p ordinary |
Purchase |
19 |
37.1426 GBP |
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1p ordinary |
Purchase |
24 |
37.0200 GBP |
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1p ordinary |
Purchase |
29 |
37.0300 GBP |
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1p ordinary |
Purchase |
33 |
37.0100 GBP |
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1p ordinary |
Purchase |
76 |
36.9400 GBP |
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1p ordinary |
Purchase |
105 |
37.1000 GBP |
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1p ordinary |
Purchase |
122 |
37.0600 GBP |
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1p ordinary |
Purchase |
140 |
37.2200 GBP |
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1p ordinary |
Purchase |
181 |
37.0400 GBP |
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1p ordinary |
Purchase |
208 |
37.0390 GBP |
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1p ordinary |
Purchase |
253 |
37.0861 GBP |
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1p ordinary |
Purchase |
282 |
37.0692 GBP |
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1p ordinary |
Purchase |
285 |
37.0402 GBP |
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1p ordinary |
Purchase |
351 |
37.0442 GBP |
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1p ordinary |
Purchase |
364 |
37.1861 GBP |
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1p ordinary |
Purchase |
522 |
37.0000 GBP |
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1p ordinary |
Purchase |
524 |
37.0013 GBP |
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1p ordinary |
Purchase |
527 |
37.0011 GBP |
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1p ordinary |
Purchase |
532 |
37.1006 GBP |
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1p ordinary |
Purchase |
587 |
37.0500 GBP |
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1p ordinary |
Purchase |
621 |
37.0557 GBP |
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1p ordinary |
Purchase |
654 |
37.0003 GBP |
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1p ordinary |
Purchase |
672 |
37.1260 GBP |
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1p ordinary |
Purchase |
1,042 |
37.0344 GBP |
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1p ordinary |
Purchase |
1,429 |
37.0006 GBP |
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1p ordinary |
Purchase |
2,778 |
37.0350 GBP |
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1p ordinary |
Purchase |
3,969 |
37.0505 GBP |
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1p ordinary |
Purchase |
4,197 |
37.1981 GBP |
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1p ordinary |
Purchase |
4,594 |
37.0466 GBP |
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1p ordinary |
Purchase |
8,502 |
37.2000 GBP |
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1p ordinary |
Purchase |
9,378 |
37.0406 GBP |
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1p ordinary |
Purchase |
10,000 |
37.0259 GBP |
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1p ordinary |
Purchase |
16,299 |
37.0776 GBP |
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1p ordinary |
Purchase |
67,866 |
37.0588 GBP |
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1p ordinary |
Sale |
4 |
37.1600 GBP |
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1p ordinary |
Sale |
24 |
37.0200 GBP |
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1p ordinary |
Sale |
51 |
37.0592 GBP |
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1p ordinary |
Sale |
58 |
37.0203 GBP |
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1p ordinary |
Sale |
63 |
37.0296 GBP |
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1p ordinary |
Sale |
67 |
37.0500 GBP |
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1p ordinary |
Sale |
76 |
36.9400 GBP |
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1p ordinary |
Sale |
80 |
37.1400 GBP |
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1p ordinary |
Sale |
118 |
36.9800 GBP |
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1p ordinary |
Sale |
122 |
37.0600 GBP |
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1p ordinary |
Sale |
140 |
37.2211 GBP |
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1p ordinary |
Sale |
147 |
37.2200 GBP |
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1p ordinary |
Sale |
163 |
37.0373 GBP |
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1p ordinary |
Sale |
170 |
37.1300 GBP |
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1p ordinary |
Sale |
171 |
37.0514 GBP |
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1p ordinary |
Sale |
203 |
37.0400 GBP |
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1p ordinary |
Sale |
220 |
37.0125 GBP |
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1p ordinary |
Sale |
227 |
37.1173 GBP |
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1p ordinary |
Sale |
252 |
37.0109 GBP |
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1p ordinary |
Sale |
312 |
37.0928 GBP |
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1p ordinary |
Sale |
352 |
37.0366 GBP |
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1p ordinary |
Sale |
457 |
37.1180 GBP |
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1p ordinary |
Sale |
526 |
37.0863 GBP |
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1p ordinary |
Sale |
563 |
37.0860 GBP |
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1p ordinary |
Sale |
671 |
37.0000 GBP |
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1p ordinary |
Sale |
708 |
37.1351 GBP |
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1p ordinary |
Sale |
789 |
37.0758 GBP |
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1p ordinary |
Sale |
899 |
37.0430 GBP |
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1p ordinary |
Sale |
921 |
37.0356 GBP |
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1p ordinary |
Sale |
1,137 |
37.0436 GBP |
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1p ordinary |
Sale |
1,302 |
37.0482 GBP |
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1p ordinary |
Sale |
1,388 |
37.0227 GBP |
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1p ordinary |
Sale |
2,000 |
37.1000 GBP |
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1p ordinary |
Sale |
2,270 |
37.0845 GBP |
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1p ordinary |
Sale |
2,887 |
37.0998 GBP |
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1p ordinary |
Sale |
2,951 |
37.0871 GBP |
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1p ordinary |
Sale |
3,480 |
37.1139 GBP |
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1p ordinary |
Sale |
4,495 |
37.0854 GBP |
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1p ordinary |
Sale |
12,637 |
37.2000 GBP |
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1p ordinary |
Sale |
29,048 |
37.1854 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
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Product |
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Nature of dealing |
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Number of |
Price per |
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relevant |
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description |
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reference |
unit |
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security |
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securities |
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1p ordinary |
SWAP |
Long |
95 |
37.1167 GBP |
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1p ordinary |
SWAP |
Long |
132 |
37.1177 GBP |
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1p ordinary |
SWAP |
Long |
312 |
37.0928 GBP |
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1p ordinary |
SWAP |
Long |
812 |
37.1379 GBP |
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1p ordinary |
SWAP |
Long |
2,330 |
37.1010 GBP |
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1p ordinary |
SWAP |
Long |
2,668 |
37.1066 GBP |
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1p ordinary |
CFD |
Long |
3,905 |
37.2000 GBP |
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1p ordinary |
SWAP |
Long |
7,213 |
37.1108 GBP |
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1p ordinary |
SWAP |
Long |
9,011 |
37.1970 GBP |
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1p ordinary |
SWAP |
Long |
16,652 |
37.2000 GBP |
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1p ordinary |
SWAP |
Short |
1 |
37.0800 GBP |
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1p ordinary |
SWAP |
Short |
17 |
37.0000 GBP |
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1p ordinary |
SWAP |
Short |
19 |
37.1426 GBP |
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1p ordinary |
CFD |
Short |
253 |
37.0861 GBP |
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1p ordinary |
CFD |
Short |
339 |
37.2050 GBP |
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1p ordinary |
CFD |
Short |
364 |
37.1861 GBP |
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1p ordinary |
CFD |
Short |
398 |
37.0385 GBP |
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1p ordinary |
SWAP |
Short |
441 |
37.0836 GBP |
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1p ordinary |
SWAP |
Short |
558 |
37.0811 GBP |
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1p ordinary |
CFD |
Short |
1,109 |
37.0971 GBP |
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1p ordinary |
CFD |
Short |
1,390 |
37.2000 GBP |
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1p ordinary |
SWAP |
Short |
1,512 |
37.0837 GBP |
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1p ordinary |
CFD |
Short |
2,778 |
37.0350 GBP |
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1p ordinary |
SWAP |
Short |
4,844 |
37.2000 GBP |
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1p ordinary |
SWAP |
Short |
5,000 |
37.0029 GBP |
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1p ordinary |
SWAP |
Short |
5,445 |
37.0274 GBP |
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1p ordinary |
SWAP |
Short |
10,000 |
37.0259 GBP |
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1p ordinary |
SWAP |
Short |
12,405 |
37.0346 GBP |
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1p ordinary |
SWAP |
Short |
28,670 |
37.0872 GBP |
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1p ordinary |
SWAP |
Short |
29,341 |
37.0383 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 |
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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 person 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: |
3 May 2023 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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