Form 8.5 (EPT/RI)- Dechra Pharmaceuticals PLC

RNS Number : 2755Y

Bank of America Merrill Lynch

03 May 2023

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:

Merrill Lynch International

(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 AB

(d)	Date dealing undertaken:

02/05/2023

(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	Purchase	127,361	37.33 GBP	37.06 GBP
1p ordinary	Sale	57,269	37.41 GBP	37.06 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	Swaps - Equity Swaps	Reducing a Short Position	10,000	37.261 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	5	37.276 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	795	37.276 GBP
1p ordinary	Swaps - Equity Swaps	Increasing a Long Position	1,316	37.095 GBP
1p ordinary	Swaps - Equity Swaps	Increasing a Long Position	5,465	37.17 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Long Position	1,100	37.257 GBP
1p ordinary	Swaps - Equity Swaps	Increasing a Short Position	100,000	37.126 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	9	37.105 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	339	37.105 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	537	37.225 GBP
1p ordinary	Swaps - Equity Swaps	Opening a Short Position	391	37.216 GBP
1p ordinary	Swaps - Equity Swaps	Closing a Long Position	107	37.094 GBP
1p ordinary	Swaps - Equity Swaps	Opening a Short Position	741	37.094 GBP
1p ordinary	Swaps - Equity Swaps	Opening a Long Position	107	37.136 GBP
1p ordinary	Swaps - Equity Swaps	Opening a Short Position	654	37.132 GBP
1p ordinary	Swaps - Equity Swaps	Reducing a Short Position	118	37.225 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:	03/05/2023
Contact name:	Frank Lui
Telephone number:	+44207 996 6418

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.

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END

FERFIFVAEAIVIIV

Date	3 May 2023
Time	10:40:00
Category	Holding(s) in company
ID	2755Y

Date	3 May 2023
Time	10:40:00
Category	Holding(s) in company
ID	2755Y

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Form 8.5 (EPT/RI)- Dechra Pharmaceuticals PLC