Form 8.3 - DECHRA PHARMACEUTICALS PLC

RNS Number : 4371Z

Barclays PLC

11 January 2024

FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR
MORE
Rule 8.3 of the Takeover Code (the "Code")
1.				KEY INFORMATION
(a)	Full name of discloser:				Barclays PLC.
(b)	Owner or controller of interest and short
	positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose				DECHRA PHARMACEUTICALS PLC
	relevant securities this form relates:
(d)	If an exempt fund manager connected with an
	offeror/offeree, state this and specify identity of
	offeror/offeree:
(e)	Date position held/dealing undertaken:				10 Jan 2024
(f)	In addition to the company in 1(c) above, is the discloser making				NO
	disclosures in respect of any other party to the offer?
2.				POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing(if any)
Class of relevant security:				1p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1)	Relevant securities owned
	and/or controlled:			6,971,157	6.12%	589,739	0.52%
(2)	Cash-settled derivatives:
	and/or controlled:			588,441	0.52%	6,900,634	6.06%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%

	TOTAL:			7,559,598	6.64%	7,490,373	6.58%
(b)	Rights to subscribe for new securities (including directors and other executive
	options)
Class of relevant security in relation to
which subscription right exists
Details, including nature of the rights
concerned and relevant percentages:
3.				DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
1p ordinary		Purchase		35,364		38.6308 GBP
1p ordinary		Purchase		4,658		38.6238 GBP
1p ordinary		Purchase		3,939		38.6180 GBP
1p ordinary		Purchase		2,634		38.6200 GBP
1p ordinary		Purchase		1,210		38.6300 GBP
1p ordinary		Purchase		627		38.6362 GBP
1p ordinary		Purchase		320		38.6400 GBP
1p ordinary		Sale		50,000		38.6206 GBP
1p ordinary		Sale		5,781		38.6120 GBP
1p ordinary		Sale		5,269		38.6200 GBP
1p ordinary		Sale		4,886		38.6000 GBP
1p ordinary		Sale		858		38.6351 GBP
1p ordinary		Sale		552		38.6034 GBP
1p ordinary		Sale		12		38.6166 GBP

(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
1p ordinary		SWAP		Decreasing Long		36	38.6288 GBP
1p ordinary		SWAP		Decreasing Long		2,551	38.6200 GBP
1p ordinary		SWAP		Decreasing Long		6,491	38.6378 GBP
1p ordinary		SWAP		Decreasing Short		12	38.6169 GBP
1p ordinary		SWAP		Decreasing Short		312	38.6000 GBP
1p ordinary		SWAP		Decreasing Short		552	38.6034 GBP
1p ordinary		SWAP		Decreasing Short		858	38.6351 GBP
1p ordinary		CFD		Decreasing Short		1,080	38.6200 GBP
1p ordinary		SWAP		Decreasing Short		10,355	38.6067 GBP
1p ordinary		SWAP		Decreasing Short		50,000	38.6206 GBP
1p ordinary		SWAP		Increasing Short		15	38.6240 GBP
1p ordinary		SWAP		Increasing Short		4,659	38.6238 GBP
1p ordinary		SWAP		Increasing Short		13,417	38.6400 GBP
1p ordinary		SWAP		Increasing Short		13,607	38.6200 GBP
1p ordinary		SWAP		Opening Short		2,168	38.6298 GBP

(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates


(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						applicable)

4.				OTHER INFORMATION
(a)	Indemnity and other dealings 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:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between
the person 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 of future acquisition or disposal of any relevant securities to which
any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				11 Jan 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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