20th May 2026 15:39
AMENDMENT(2(a))
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: | 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 | DCC Plc |
(c) Name of the party to the offer with which exempt principal trader is connected: (Note 1) | Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P |
(d) Date dealing undertaken: | 18 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.
(a) Purchases and sales
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 | PURCHASES | 63,448 | 59.8013 GBP | 58.6040 GBP |
0.25 ordinary shares | SALES | 61,390 | 59.8500 GBP | 58.6000 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 (Note 4) | Price perunit (Note 5) |
0.25 ordinary shares | CFD | reducing a short position | 130 | 58.6695 GBP |
0.25 ordinary shares | CFD | reducing a short position | 190 | 58.7838 GBP |
0.25 ordinary shares | CFD | reducing a short position | 124 | 58.8255 GBP |
0.25 ordinary shares | CFD | increasing a long position | 285 | 58.8328 GBP |
0.25 ordinary shares | CFD | increasing a long position | 100 | 58.8459 GBP |
0.25 ordinary shares | CFD | reducing a short position | 225 | 58.8535 GBP |
0.25 ordinary shares | CFD | reducing a short position | 530 | 58.8972 GBP |
0.25 ordinary shares | CFD | reducing a long position | 593 | 58.9183 GBP |
0.25 ordinary shares | CFD | reducing a short position | 72 | 58.9465 GBP |
0.25 ordinary shares | CFD | reducing a short position | 5 | 58.9500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 28 | 58.9625 GBP |
0.25 ordinary shares | CFD | reducing a short position | 52 | 58.9933 GBP |
0.25 ordinary shares | CFD | increasing a short position | 560 | 59.0045 GBP |
0.25 ordinary shares | CFD | increasing a short position | 155 | 59.0045 GBP |
0.25 ordinary shares | CFD | reducing a short position | 297 | 59.0850 GBP |
0.25 ordinary shares | CFD | increasing a short position | 137 | 59.1164 GBP |
0.25 ordinary shares | CFD | reducing a long position | 2 | 59.1500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 564 | 59.1818 GBP |
0.25 ordinary shares | CFD | increasing a long position | 369 | 59.2008 GBP |
0.25 ordinary shares | CFD | reducing a short position | 97 | 59.2330 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,664 | 59.2435 GBP |
0.25 ordinary shares | CFD | increasing a long position | 330 | 59.2477 GBP |
0.25 ordinary shares | CFD | reducing a long position | 760 | 59.2541 GBP |
0.25 ordinary shares | CFD | reducing a long position | 57 | 59.2807 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,264 | 59.2884 GBP |
0.25 ordinary shares | CFD | reducing a short position | 250 | 59.2982 GBP |
0.25 ordinary shares | CFD | reducing a short position | 5 | 59.3000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 42 | 59.3032 GBP |
0.25 ordinary shares | CFD | increasing a long position | 51 | 59.3032 GBP |
0.25 ordinary shares | CFD | increasing a long position | 182 | 59.3032 GBP |
0.25 ordinary shares | CFD | increasing a long position | 258 | 59.3032 GBP |
0.25 ordinary shares | CFD | increasing a long position | 40 | 59.3032 GBP |
0.25 ordinary shares | CFD | increasing a long position | 17 | 59.3038 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,632 | 59.3380 GBP |
0.25 ordinary shares | CFD | increasing a long position | 101 | 59.3403 GBP |
0.25 ordinary shares | CFD | reducing a long position | 34 | 59.3500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 104 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 454 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 171 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 835 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 234 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 241 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 800 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 452 | 59.3512 GBP |
0.25 ordinary shares | CFD | increasing a short position | 74 | 59.3512 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4,637 | 59.3542 GBP |
0.25 ordinary shares | CFD | reducing a short position | 3,060 | 59.3542 GBP |
0.25 ordinary shares | CFD | reducing a short position | 104 | 59.3592 GBP |
0.25 ordinary shares | CFD | increasing a short position | 4,950 | 59.3737 GBP |
0.25 ordinary shares | CFD | reducing a short position | 107 | 59.3998 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,501 | 59.4000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 22 | 59.4000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,373 | 59.4355 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2,783 | 59.4479 GBP |
0.25 ordinary shares | CFD | reducing a long position | 15 | 59.4500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,844 | 59.4642 GBP |
0.25 ordinary shares | CFD | reducing a short position | 551 | 59.4665 GBP |
0.25 ordinary shares | CFD | reducing a short position | 448 | 59.4817 GBP |
0.25 ordinary shares | CFD | increasing a short position | 12 | 59.4908 GBP |
0.25 ordinary shares | CFD | increasing a long position | 22 | 59.4909 GBP |
0.25 ordinary shares | CFD | increasing a long position | 210 | 59.4909 GBP |
0.25 ordinary shares | CFD | increasing a long position | 230 | 59.4909 GBP |
0.25 ordinary shares | CFD | increasing a long position | 83 | 59.4909 GBP |
0.25 ordinary shares | CFD | increasing a long position | 16 | 59.4913 GBP |
0.25 ordinary shares | CFD | increasing a long position | 8 | 59.4913 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,000 | 59.4956 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2,255 | 59.4964 GBP |
0.25 ordinary shares | CFD | increasing a long position | 3 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 640 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 66 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,410 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 8,708 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 147 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,852 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a short position | 7 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 219 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 8,708 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 39 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 145 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 90 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 5,217 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 228 | 59.5010 GBP |
0.25 ordinary shares | CFD | increasing a long position | 102 | 59.5074 GBP |
0.25 ordinary shares | CFD | reducing a short position | 613 | 59.5124 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 |
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 priceper unit (Note 5) |
N/A | N/A | N/A | N/A | N/A |
(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) |
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
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: | 20 May 2026 |
Contact name: | Claire Gordon |
Telephone number: | +44 141 245-8893 |
Public disclosures under Rule 38 of the Rules must be made to a Regulatory Information Service.
Related Shares:
DCC