21st May 2026 11:27
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FORM 38.5(a) (EPT/RI)
IRISH TAKEOVER PANEL
DEALING DISCLOSURE UNDER RULE 38.5(a) OF THE IRISHTAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022BY A CONNECTED EXEMPT PRINCIPAL TRADER WITHRECOGNISED INTERMEDIARY STATUS AND DEALING INA CLIENT-SERVING CAPACITY
1. KEY INFORMATION
(a) Name of exempt principal trader: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | DCC plc |
(c) Name of the party to the offer with which exempt principal trader is connected: (Note 1) | Corporate broker and financial adviser to DCC plc |
(d) Date dealing undertaken: | 20 May 2026 |
(e) In addition to the company in 1(b) above, is the exempt principal trader also making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" | N/A |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER (Note 2)
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.
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(a) Purchases and sales
Loan Return
Class of relevant security (Note 3) | Purchases/ sales | Totalnumber of securities | Highest price per unit paid/ received | Lowest price per unit paid/ received |
€0.25 ordinary shares | Purchase | 477,622 | 61.6000 GBP | 61.0000 GBP |
Sale Loan Return | 475,338 822,630 | 61.5000 GBP N/A | 61.0000 GBP N/A |
(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 (Note 4) | Price perunit (Note 5) |
€0.25 ordinary shares | Equity SWAP | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position | 15,347 4,214 130 1,164 145 430 153 1,097
4,866 18,274 912 15 5 1,357 368 178 1,225 690 214 979 4 1,887 1,359
850 39 83 480 302 48 948
295 1,182 1,105 6,073 66 2,948 1,411 2,944
1,748 117
1,748 | 61.2527 GBP 61.2801 GBP 61.1503 GBP 61.2528 GBP 61.2307 GBP 61.2593 GBP 61.1968 GBP 61.2173 GBP
61.4954 GBP 61.2500 GBP 61.2255 GBP 61.2274 GBP 61.2463 GBP 61.3355 GBP 61.2613 GBP 61.5482 GBP 61.1966 GBP 60.9985 GBP 61.2437 GBP 61.2738 GBP 61.3252 GBP 61.2297 GBP 61.2408 GBP
61.2600 GBP 61.3221 GBP 61.2149 GBP 61.1479 GBP 61.2420 GBP 61.1993 GBP 61.2482 GBP
61.2509 GBP 61.2536 GBP 61.3488 GBP 61.1821 GBP 61.1518 GBP 61.2391 GBP 61.2675 GBP 61.2561 GBP
61.2500 GBP 61.2997 GBP
61.3364 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 (Note 4) | Exercise price per unit | Type e.g. American, European etc. | Expirydate | Option money paid/ received per unit |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise priceper unit (Note 5) |
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(d) Other dealings (including transactions in respect of new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion, exercise | Details | Price per unit (if applicable) (Note 5) |
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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
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. |
None |
Date of disclosure: | 21 May 2026 |
Contact name: | Hetvi Shah |
Telephone number: | 44 2034 936359 |
Public disclosures under Rule 38 of the Rules must be made to a Regulatory Information Service.
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NOTES ON FORM 38.5(a)
1. See the definition of "connected principal trader" in Rule 2.2 of Part A of the Rules.
2. See the definition of "dealing" in Rule 2.1 of Part A of the Rules.
3. See the definition of "relevant securities" in Rule 2.1 of Part A of the Rules.
4. See Rule 2.5(d) of Part A of the Rules.
5. If the economic exposure to changes in the price of securities is limited, for example, by virtue of a stop loss arrangement relating to a spread bet, full details must be given.
6. If details included in a disclosure under Rule 38 are incorrect, they should be corrected as soon as practicable in a subsequent disclosure. Such disclosure should state clearly that it corrects details disclosed previously, identify the disclosure or disclosures being corrected, and provide sufficient detail for the reader to understand the nature of the corrections. In the case of any doubt, the Panel should be consulted.
For full details of disclosure requirements, see Rules 8 and 38 of the Rules. If in doubt, consult the Panel.
References in these notes to "the Rules" are to the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.
Related Shares:
DCC