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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: | 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: | 25 June 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 | 157,165 | 62.4500 GBP | 61.9500 GBP |
0.25 ordinary shares | SALES | 135,307 | 62.4500 GBP | 61.9500 GBP |
0.25 ordinary shares | SALES | 169 | 82.3718 USD | 82.3718 USD |
(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 | 4 | 62.1750 GBP |
0.25 ordinary shares | CFD | increasing a short position | 2,800 | 62.2176 GBP |
0.25 ordinary shares | CFD | reducing a short position | 39 | 62.2385 GBP |
0.25 ordinary shares | CFD | reducing a short position | 385 | 62.2601 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1,097 | 62.2601 GBP |
0.25 ordinary shares | CFD | reducing a long position | 107 | 62.2766 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,838 | 62.2914 GBP |
0.25 ordinary shares | CFD | increasing a short position | 385 | 62.2957 GBP |
0.25 ordinary shares | CFD | reducing a long position | 2,077 | 62.2957 GBP |
0.25 ordinary shares | CFD | reducing a long position | 195 | 62.3000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 198 | 62.3000 GBP |
0.25 ordinary shares | CFD | reducing a short position | 196 | 62.3041 GBP |
0.25 ordinary shares | CFD | increasing a short position | 161 | 62.3103 GBP |
0.25 ordinary shares | CFD | increasing a short position | 340 | 62.3108 GBP |
0.25 ordinary shares | CFD | reducing a short position | 46 | 62.3109 GBP |
0.25 ordinary shares | CFD | reducing a short position | 25 | 62.3120 GBP |
0.25 ordinary shares | CFD | reducing a long position | 12,930 | 62.3234 GBP |
0.25 ordinary shares | CFD | increasing a short position | 208 | 62.3262 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2,441 | 62.3273 GBP |
0.25 ordinary shares | CFD | reducing a short position | 20 | 62.3322 GBP |
0.25 ordinary shares | CFD | reducing a short position | 864 | 62.3322 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4 | 62.3322 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,034 | 62.3344 GBP |
0.25 ordinary shares | CFD | increasing a long position | 180 | 62.3346 GBP |
0.25 ordinary shares | CFD | reducing a long position | 58 | 62.3349 GBP |
0.25 ordinary shares | CFD | reducing a long position | 17 | 62.3349 GBP |
0.25 ordinary shares | CFD | reducing a long position | 198 | 62.3350 GBP |
0.25 ordinary shares | CFD | reducing a long position | 223 | 62.3350 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,152 | 62.3350 GBP |
0.25 ordinary shares | CFD | reducing a long position | 90 | 62.3350 GBP |
0.25 ordinary shares | CFD | reducing a long position | 68 | 62.3350 GBP |
0.25 ordinary shares | CFD | reducing a long position | 136 | 62.3350 GBP |
0.25 ordinary shares | CFD | reducing a long position | 43 | 62.3351 GBP |
0.25 ordinary shares | CFD | increasing a short position | 556 | 62.3353 GBP |
0.25 ordinary shares | CFD | reducing a long position | 21 | 62.3405 GBP |
0.25 ordinary shares | CFD | reducing a long position | 8,686 | 62.3429 GBP |
0.25 ordinary shares | CFD | reducing a short position | 518 | 62.3463 GBP |
0.25 ordinary shares | CFD | reducing a short position | 13 | 62.3494 GBP |
0.25 ordinary shares | CFD | reducing a short position | 104 | 62.3497 GBP |
0.25 ordinary shares | CFD | reducing a short position | 33 | 62.3500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 3 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 170 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 204 | 62.3500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 162 | 62.3500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 204 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 193 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 544 | 62.3500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1,230 | 62.3500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 13 | 62.3500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 518 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 287 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 12 | 62.3500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 123 | 62.3501 GBP |
0.25 ordinary shares | CFD | increasing a long position | 98 | 62.3508 GBP |
0.25 ordinary shares | CFD | increasing a long position | 406 | 62.3508 GBP |
0.25 ordinary shares | CFD | increasing a long position | 242 | 62.3508 GBP |
0.25 ordinary shares | CFD | reducing a short position | 727 | 62.3514 GBP |
0.25 ordinary shares | CFD | reducing a short position | 52 | 62.3514 GBP |
0.25 ordinary shares | CFD | reducing a short position | 759 | 62.3514 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,030 | 62.3522 GBP |
0.25 ordinary shares | CFD | increasing a short position | 786 | 62.3583 GBP |
0.25 ordinary shares | CFD | reducing a long position | 546 | 62.3594 GBP |
0.25 ordinary shares | CFD | reducing a long position | 755 | 62.3625 GBP |
0.25 ordinary shares | CFD | increasing a short position | 884 | 62.3655 GBP |
0.25 ordinary shares | CFD | reducing a short position | 304 | 62.3688 GBP |
0.25 ordinary shares | CFD | reducing a short position | 538 | 62.3688 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,097 | 62.3688 GBP |
0.25 ordinary shares | CFD | reducing a long position | 327 | 62.4012 GBP |
0.25 ordinary shares | CFD | reducing a short position | 6 | 62.4167 GBP |
0.25 ordinary shares | CFD | increasing a short position | 10,000 | 62.4343 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: | 26 June 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.
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