Form 8.3 - Dechra Pharmaceuticals plc

Barclays PLC
27 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:

 

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:

22 Dec 2023

(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:

 

 

8,251,180

7.24%

850,970

0.75%

(2)

Cash-settled derivatives:

 

 

 

 

 

and/or controlled:

 

 

847,673

0.74%

8,181,489

7.18%

(3)

Stock-settled derivatives (including options)

 

 

 

 

 

and agreements to purchase/sell:

 

 

0

0.00%

0

0.00%

 

 

 

 

 

 

 

 

 

TOTAL:

 

 

9,098,853

7.99%

9,032,459

7.93%

(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

1,708,730

38.4209  GBP

1p ordinary

Purchase

300,000

38.4715  GBP

1p ordinary

Purchase

14,254

38.5211  GBP

1p ordinary

Purchase

9,864

38.5043  GBP

1p ordinary

Purchase

9,633

38.5196  GBP

1p ordinary

Purchase

6,993

38.5400  GBP

1p ordinary

Purchase

5,640

38.5993  GBP

1p ordinary

Purchase

5,627

38.5593  GBP

1p ordinary

Purchase

4,362

38.5012  GBP

1p ordinary

Purchase

2,295

38.4851  GBP

1p ordinary

Purchase

2,242

38.5200  GBP

1p ordinary

Purchase

1,258

38.6000  GBP

1p ordinary

Purchase

382

38.4600  GBP

1p ordinary

Purchase

143

38.5272  GBP

1p ordinary

Purchase

4

38.5800  GBP

1p ordinary

Purchase

4

38.5600  GBP

1p ordinary

Sale

75,000

38.5607  GBP

1p ordinary

Sale

6,085

38.4200  GBP

1p ordinary

Sale

2,153

38.4955  GBP

1p ordinary

Sale

1,514

38.5200  GBP

1p ordinary

Sale

1,188

38.6000  GBP

1p ordinary

Sale

1,180

38.4979  GBP

1p ordinary

Sale

266

38.4400  GBP

1p ordinary

Sale

100

38.4600  GBP

1p ordinary

Sale

81

38.5000  GBP

1p ordinary

Sale

31

38.5219  GBP

1p ordinary

Sale

1

38.5161  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

Closing Short

940

38.4866  GBP

1p ordinary

SWAP

Decreasing Long

7,238

38.5100  GBP

1p ordinary

SWAP

Decreasing Short

1

38.5161  GBP

1p ordinary

SWAP

Decreasing Short

266

38.4400  GBP

1p ordinary

SWAP

Decreasing Short

730

38.4877  GBP

1p ordinary

SWAP

Decreasing Short

1,844

38.5013  GBP

1p ordinary

SWAP

Decreasing Short

6,085

38.4200  GBP

1p ordinary

SWAP

Decreasing Short

75,000

38.5607  GBP

1p ordinary

CFD

Increasing Short

183

38.5256  GBP

1p ordinary

SWAP

Increasing Short

382

38.4600  GBP

1p ordinary

SWAP

Increasing Short

595

38.4200  GBP

1p ordinary

SWAP

Increasing Short

605

38.5540  GBP

1p ordinary

CFD

Increasing Short

1,188

38.6000  GBP

1p ordinary

CFD

Increasing Short

5,627

38.5592  GBP

1p ordinary

CFD

Increasing Short

5,640

38.5992  GBP

1p ordinary

SWAP

Increasing Short

6,965

38.4776  GBP

1p ordinary

SWAP

Increasing Short

7,185

38.5433  GBP

1p ordinary

SWAP

Increasing Short

9,633

38.5196  GBP

1p ordinary

SWAP

Increasing Short

14,254

38.5211  GBP

1p ordinary

SWAP

Opening Short

17

38.5452  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:

27 Dec 2023

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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