Form 8.5 (EPT/RI)-Dechra Pharmaceuticals plc

Morgan Stanley & Co. Int'l plc
03 January 2024
 

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:

Morgan Stanley & Co. International plc

(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 (EQT X EUR SCSp and EQT X USD SCSp)

(d) Date dealing undertaken:

02 January 2024

(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

SALES

274,563

38.5827 GBP

38.5121 GBP

1p ordinary

PURCHASES

111,986

38.6279 GBP

38.5561 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

CFD

increasing a long position

22

38.5168 GBP

1p ordinary

CFD

increasing a long position

6

38.5168 GBP

1p ordinary

CFD

increasing a long position

685

38.5168 GBP

1p ordinary

CFD

increasing a long position

51

38.5168 GBP

1p ordinary

CFD

increasing a long position

756

38.5600 GBP

1p ordinary

CFD

increasing a long position

672

38.5600 GBP

1p ordinary

CFD

increasing a long position

996

38.5626 GBP

1p ordinary

CFD

increasing a long position

2,476

38.5770 GBP

1p ordinary

CFD

increasing a long position

2,206

38.5800 GBP

1p ordinary

CFD

increasing a long position

209

38.5800 GBP

1p ordinary

CFD

increasing a long position

131

38.5811 GBP

1p ordinary

CFD

increasing a short position

2,476

38.5600 GBP

1p ordinary

CFD

increasing a short position

996

38.5600 GBP

1p ordinary

CFD

increasing a short position

1

38.5600 GBP

1p ordinary

CFD

increasing a short position

264

38.5613 GBP

1p ordinary

CFD

increasing a short position

86

38.5692 GBP

1p ordinary

CFD

increasing a short position

874

38.5712 GBP

1p ordinary

CFD

increasing a short position

333

38.5799 GBP

1p ordinary

CFD

increasing a short position

6

38.5800 GBP

1p ordinary

CFD

increasing a short position

65

38.5932 GBP

1p ordinary

CFD

increasing a short position

174

38.5932 GBP

1p ordinary

CFD

increasing a long position

300

38.5600 GBP

1p ordinary

CFD

increasing a long position

1,437

38.5600 GBP

1p ordinary

CFD

increasing a long position

7,262

38.5656 GBP

1p ordinary

CFD

increasing a long position

46,108

38.5735 GBP

1p ordinary

CFD

increasing a long position

25,000

38.5800 GBP

1p ordinary

CFD

increasing a short position

230

38.6279 GBP

1p ordinary

CFD

increasing a short position

2,943

38.6279 GBP

1p ordinary

CFD

increasing a short position

3,797

38.6279 GBP

1p ordinary

CFD

reducing a long position

198

38.5692 GBP

1p ordinary

CFD

reducing a short position

38,082

38.5121 GBP

1p ordinary

CFD

reducing a short position

11,161

38.5121 GBP

1p ordinary

CFD

reducing a short position

17

38.5600 GBP

1p ordinary

CFD

reducing a short position

3,785

38.5600 GBP

1p ordinary

CFD

reducing a short position

38,469

38.5800 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 January 2024

Contact name:

Craig Horsley

Telephone number:

+44 141 245-7736

 

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings