7th May 2026 10:19
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: | 06 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 | 78,610 | 58.1000 GBP | 57.5500 GBP |
0.25 ordinary shares | PURCHASES | 317 | 79.0772 USD | 78.6323 USD |
0.25 ordinary shares | SALES | 80,299 | 58.0026 GBP | 57.5500 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 | 3 | 57.6500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 6 | 57.6536 GBP |
0.25 ordinary shares | CFD | increasing a short position | 124 | 57.7179 GBP |
0.25 ordinary shares | CFD | increasing a short position | 187 | 57.7180 GBP |
0.25 ordinary shares | CFD | increasing a short position | 58 | 57.7267 GBP |
0.25 ordinary shares | CFD | increasing a short position | 112 | 57.7999 GBP |
0.25 ordinary shares | CFD | increasing a short position | 81 | 57.8000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 430 | 57.8679 GBP |
0.25 ordinary shares | CFD | increasing a short position | 5,250 | 57.8753 GBP |
0.25 ordinary shares | CFD | reducing a long position | 409 | 57.8859 GBP |
0.25 ordinary shares | CFD | increasing a long position | 584 | 57.8913 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,700 | 57.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 134 | 57.8964 GBP |
0.25 ordinary shares | CFD | reducing a short position | 241 | 57.8965 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1,250 | 57.8997 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,513 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 63 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 71 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 18 | 57.9000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 267 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1,783 | 57.9000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 275 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 45 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 39 | 57.9000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 377 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 14 | 57.9000 GBP |
0.25 ordinary shares | CFD | reducing a short position | 430 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 38 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1 | 57.9000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 34 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 55 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 8,529 | 57.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 31 | 57.9001 GBP |
0.25 ordinary shares | CFD | reducing a long position | 49 | 57.9002 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,852 | 57.9004 GBP |
0.25 ordinary shares | CFD | increasing a short position | 700 | 57.9015 GBP |
0.25 ordinary shares | CFD | reducing a short position | 276 | 57.9020 GBP |
0.25 ordinary shares | CFD | reducing a short position | 220 | 57.9047 GBP |
0.25 ordinary shares | CFD | reducing a short position | 614 | 57.9047 GBP |
0.25 ordinary shares | CFD | reducing a short position | 557 | 57.9047 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4,424 | 57.9066 GBP |
0.25 ordinary shares | CFD | increasing a short position | 685 | 57.9070 GBP |
0.25 ordinary shares | CFD | increasing a long position | 11,165 | 57.9074 GBP |
0.25 ordinary shares | CFD | reducing a short position | 300 | 57.9076 GBP |
0.25 ordinary shares | CFD | reducing a short position | 107 | 57.9081 GBP |
0.25 ordinary shares | CFD | increasing a long position | 950 | 57.9092 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,109 | 57.9128 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2 | 57.9128 GBP |
0.25 ordinary shares | CFD | reducing a long position | 811 | 57.9145 GBP |
0.25 ordinary shares | CFD | reducing a long position | 175 | 57.9145 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4,500 | 57.9148 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,395 | 57.9164 GBP |
0.25 ordinary shares | CFD | increasing a short position | 279 | 57.9192 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,431 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 314 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 388 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 593 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 262 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 522 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 863 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 353 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2,825 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 372 | 57.9241 GBP |
0.25 ordinary shares | CFD | reducing a short position | 260 | 57.9242 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,571 | 57.9245 GBP |
0.25 ordinary shares | CFD | reducing a short position | 267 | 57.9288 GBP |
0.25 ordinary shares | CFD | reducing a long position | 3,034 | 57.9322 GBP |
0.25 ordinary shares | CFD | reducing a short position | 12 | 57.9375 GBP |
0.25 ordinary shares | CFD | reducing a short position | 143 | 57.9465 GBP |
0.25 ordinary shares | CFD | increasing a long position | 100 | 57.9467 GBP |
0.25 ordinary shares | CFD | increasing a long position | 34 | 57.9500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4,396 | 57.9500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 4 | 57.9500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 8,529 | 57.9500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 52 | 57.9500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 37 | 57.9500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 260 | 57.9535 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1,091 | 57.9578 GBP |
0.25 ordinary shares | CFD | reducing a long position | 39 | 57.9583 GBP |
0.25 ordinary shares | CFD | reducing a long position | 2 | 57.9600 GBP |
0.25 ordinary shares | CFD | reducing a short position | 995 | 57.9746 GBP |
0.25 ordinary shares | CFD | reducing a short position | 26 | 57.9769 GBP |
0.25 ordinary shares | CFD | reducing a long position | 240 | 57.9815 GBP |
0.25 ordinary shares | CFD | increasing a short position | 2 | 57.9963 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1 | 58.0073 GBP |
0.25 ordinary shares | CFD | reducing a short position | 163 | 58.0086 GBP |
0.25 ordinary shares | CFD | increasing a short position | 576 | 58.0275 GBP |
0.25 ordinary shares | CFD | increasing a short position | 155 | 58.0275 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: | 07 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