Form 8.3 - Dechra Pharmaceuticals plc

Societe Generale SA
21 December 2023
 

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:

SOCIETE GENERALE SA

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor, and beneficiaries must be named.


(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

     Use a separate form for each offeror/offeree

Dechra Pharmaceuticals plc

(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:

     For an opening position disclosure, state the latest practicable date prior to the disclosure

20/12/2023

(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

     If it is a cash offer or possible cash offer, state "N/A"

NO

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(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:

6,816,839

5.98

80,848

0.07

(2)  Cash-settled derivatives:

 

0

0.00

*5,094,675

4.47

(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0.00

0

0.00

 

       TOTAL:

6,816,839

5.98

5,175,523

4.54

 

*The change in the holding of 458,795 shares is due to a derivative which is referenced to a basket of securities becoming disclosable for the purpose of the code.

 

 

 

All interests and all short positions should be disclosed.

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

 

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(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

Purchase/sale

 

Number of securities

Price per unit

GBP

1p ordinary

Purchase

220

38.4

1p ordinary

Purchase

44

38.48

1p ordinary

Purchase

15

38.48

1p ordinary

Purchase

440

38.4

1p ordinary

Purchase

44

38.48

1p ordinary

Purchase

8

38.48

1p ordinary

Purchase

88

38.48

1p ordinary

Purchase

440

38.4

1p ordinary

Purchase

29

38.48

1p ordinary

Purchase

440

38.4

1p ordinary

Purchase

36

38.48

1p ordinary

Purchase

68

38.44

1p ordinary

Purchase

72

38.46

1p ordinary

Purchase

76

38.46

1p ordinary

Purchase

163

38.46

1p ordinary

Purchase

620

38.46

1p ordinary

Purchase

97

38.44

1p ordinary

Purchase

204

38.44

1p ordinary

Purchase

131

38.44

1p ordinary

Purchase

173

38.44

1p ordinary

Purchase

207

38.44

1p ordinary

Purchase

152

38.42

1p ordinary

Purchase

152

38.44

1p ordinary

Purchase

152

38.44

1p ordinary

Purchase

398

38.4

1p ordinary

Purchase

1,326

38.44

1p ordinary

Purchase

419

38.42

1p ordinary

Sale

220

38.4

1p ordinary

Sale

48

38.42

1p ordinary

Sale

152

38.42

1p ordinary

Sale

209

38.42

1p ordinary

Sale

411

38.42

1p ordinary

Sale

175

38.44

1p ordinary

Sale

204

38.42

1p ordinary

Sale

500

38.44

1p ordinary

Sale

81

38.44

1p ordinary

Sale

130

38.42

1p ordinary

Sale

200

38.42

1p ordinary

Sale

1

38.4

1p ordinary

Sale

31

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

44

38.4

1p ordinary

Sale

75

38.4

1p ordinary

Sale

89

38.4

1p ordinary

Sale

89

38.4

1p ordinary

Sale

89

38.4

1p ordinary

Sale

220

38.4

1p ordinary

Sale

375

38.4

1p ordinary

Sale

388

38.4

1p ordinary

Sale

403

38.4

1p ordinary

Sale

419

38.4

1p ordinary

Sale

440

38.4

1p ordinary

Sale

440

38.4

1p ordinary

Sale

440

38.4

1p ordinary

Sale

514

38.4

1p ordinary

Sale

542

38.4

1p ordinary

Sale

1,157

38.4

1p ordinary

Sale

1,434

38.4

1p ordinary

Sale

1,644

38.4

1p ordinary

Sale

1,644

38.4

1p ordinary

Sale

2,405

38.4

1p ordinary

Sale

3,270

38.4

1p ordinary

Sale

3,944

38.4

1p ordinary

Sale

2

38.44

1p ordinary

Sale

2

38.44

1p ordinary

Sale

3

38.44

1p ordinary

Sale

3

38.44

1p ordinary

Sale

3

38.44

1p ordinary

Sale

3

38.44

1p ordinary

Sale

4

38.44

1p ordinary

Sale

5

38.44

1p ordinary

Sale

5

38.44

1p ordinary

Sale

6

38.44

1p ordinary

Sale

6

38.44

1p ordinary

Sale

7

38.44

1p ordinary

Sale

7

38.44

1p ordinary

Sale

8

38.44

1p ordinary

Sale

9

38.44

1p ordinary

Sale

9

38.44

1p ordinary

Sale

13

38.42

1p ordinary

Sale

13

38.44

1p ordinary

Sale

13

38.44

1p ordinary

Sale

15

38.44

1p ordinary

Sale

16

38.42

1p ordinary

Sale

18

38.44

1p ordinary

Sale

18

38.44

1p ordinary

Sale

19

38.44

1p ordinary

Sale

19

38.44

1p ordinary

Sale

20

38.44

1p ordinary

Sale

20

38.44

1p ordinary

Sale

20

38.44

1p ordinary

Sale

22

38.44

1p ordinary

Sale

22

38.44

1p ordinary

Sale

22

38.44

1p ordinary

Sale

22

38.44

1p ordinary

Sale

23

38.42

1p ordinary

Sale

23

38.44

1p ordinary

Sale

23

38.44

1p ordinary

Sale

26

38.44

1p ordinary

Sale

26

38.44

1p ordinary

Sale

26

38.44

1p ordinary

Sale

27

38.42

1p ordinary

Sale

27

38.44

1p ordinary

Sale

27

38.44

1p ordinary

Sale

31

38.44

1p ordinary

Sale

31

38.44

1p ordinary

Sale

36

38.44

1p ordinary

Sale

38

38.44

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.42

1p ordinary

Sale

39

38.44

1p ordinary

Sale

39

38.44

1p ordinary

Sale

39

38.44

1p ordinary

Sale

39

38.44

1p ordinary

Sale

39

38.44

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.42

1p ordinary

Sale

40

38.44

1p ordinary

Sale

40

38.44

1p ordinary

Sale

40

38.44

1p ordinary

Sale

43

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

44

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

45

38.44

1p ordinary

Sale

77

38.42

1p ordinary

Sale

130

38.42

 

(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

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

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

(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)

 

 

4.         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 person 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 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 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

 

(c)        Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

NO

 

 

Date of disclosure:

21/12/2023


Contact name:

Paul Jenkins


Telephone number:

+44 20 7676 6969


 

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 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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