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Dechra Pharmaceuticals PLC Director's Dealing 2017

Sep 19, 2017

4797_dirs_2017-09-19_2670bb3c-84ac-40f7-bf05-7fc2be696a32.html

Director's Dealing

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RNS Number : 1712R

Dechra Pharmaceuticals PLC

19 September 2017

19 September 2017

Dechra® Pharmaceuticals PLC

(Dechra or the Company)

Notification and public disclosure of transactions by

persons discharging managerial responsibilities (PDMRs)

Dechra Pharmaceuticals PLC announces that on 19 September 2017, the following PDMRs exercised nil cost options over ordinary shares of 1p each in the Company. The options were granted to them on 15 September 2014 pursuant to the Dechra Pharmaceuticals PLC Long Term Incentive Plan (the LTIP). The exercise of the options was subject to the achievement of performance conditions which vested at 100% of the total award.

Name Capacity Options Exercised Total beneficial shareholding following this announcement Percentage of issued share capital
Ian Page Director 115,334 792,142 0.848%
Tony Griffin Director 29,937 94,257 0.101%

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of Dealing Form

1. Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")
a) Name Ian Page
2. Reason for the notification
a) Position/status Director/PDMR
b) Initial notification/

amendment
Initial Notification
3. Details of the Issuer
a) Name Dechra Pharmaceuticals PLC
b) LEI code N/A
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument

Identification code
Ordinary Shares of 1 pence each

ISIN: GB0009633180
b) Nature of the transaction Exercise of 115,334 options under the Company's Long Term Incentive Plan
c) Price(s) and volumes(s) Price(s)

£Nil Cost
Volume(s)

115,334
d) Aggregated information

-   Aggregate volume

-   Price
N/A
e) Date of the transaction 2017.09.15
f) Place of the transaction Outside a trading venue
1. Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")
a) Name Tony Griffin
2. Reason for the notification
a) Position/status Director/PDMR
b) Initial notification/

amendment
Initial Notification
3. Details of the Issuer
a) Name Dechra Pharmaceuticals PLC
b) LEI code N/A
4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument

Identification code
Ordinary Shares of 1 pence each

ISIN: GB009633180
b) Nature of the transaction Exercise of 29,937 options under the Company's Long Term Incentive Plan
c) Price(s) and volumes(s) Price(s)

£nil
Volume(s)

29,937
d) Aggregated information

-   Aggregate volume

-   Price
N/A
e) Date of the transaction 2017.09.15
f) Place of the transaction Outside a trading venue

For further information, please contact:

Melanie Hall, Company Secretary                         

Telephone number: 01606 814730

About Dechra

Dechra is an international specialist veterinary pharmaceuticals and related products business.  Our expertise is in the development, manufacture, and sales and marketing of high quality products exclusively for veterinarians worldwide. Dechra's business is unique as the majority of its products are used to treat medical conditions for which there is no other effective solution or have a clinical or dosing advantage over competitor products.  For more information please visit: www.dechra.com

Trademarks

Dechra and the Dechra "D" logo are registered trademarks of Dechra Pharmaceuticals PLC.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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