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1 Jun 2026 08:56
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: | 29 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 | 72,215 | 60.0860 GBP | 58.7500 GBP |
0.25 ordinary shares | SALES | 102,172 | 60.0575 GBP | 58.6000 GBP |
0.25 ordinary shares | SALES | 1,537 | 80.6479 USD | 80.6479 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 | increasing a short position | 6 | 58.7500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 63 | 58.7500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 6 | 58.7737 GBP |
0.25 ordinary shares | CFD | increasing a short position | 234 | 58.8016 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1 | 58.8999 GBP |
0.25 ordinary shares | CFD | increasing a short position | 13 | 58.9253 GBP |
0.25 ordinary shares | CFD | increasing a short position | 559 | 58.9312 GBP |
0.25 ordinary shares | CFD | increasing a short position | 35 | 58.9386 GBP |
0.25 ordinary shares | CFD | reducing a long position | 131 | 58.9500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 19 | 58.9537 GBP |
0.25 ordinary shares | CFD | reducing a long position | 126 | 58.9754 GBP |
0.25 ordinary shares | CFD | increasing a short position | 232 | 58.9754 GBP |
0.25 ordinary shares | CFD | reducing a long position | 464 | 58.9850 GBP |
0.25 ordinary shares | CFD | reducing a long position | 727 | 58.9987 GBP |
0.25 ordinary shares | CFD | reducing a short position | 20,000 | 59.0122 GBP |
0.25 ordinary shares | CFD | increasing a short position | 50 | 59.0286 GBP |
0.25 ordinary shares | CFD | increasing a short position | 338 | 59.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 27 | 59.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 31 | 59.1252 GBP |
0.25 ordinary shares | CFD | reducing a long position | 383 | 59.1423 GBP |
0.25 ordinary shares | CFD | increasing a short position | 11 | 59.1536 GBP |
0.25 ordinary shares | CFD | increasing a short position | 372 | 59.1556 GBP |
0.25 ordinary shares | CFD | increasing a long position | 21 | 59.1568 GBP |
0.25 ordinary shares | CFD | reducing a short position | 10,000 | 59.1593 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,968 | 59.2003 GBP |
0.25 ordinary shares | CFD | increasing a long position | 2,320 | 59.3769 GBP |
0.25 ordinary shares | CFD | reducing a short position | 5,586 | 59.3769 GBP |
0.25 ordinary shares | CFD | increasing a short position | 4,122 | 59.3953 GBP |
0.25 ordinary shares | CFD | increasing a short position | 18 | 59.4089 GBP |
0.25 ordinary shares | CFD | reducing a long position | 79 | 59.4195 GBP |
0.25 ordinary shares | CFD | increasing a short position | 500 | 59.5000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 11 | 59.5000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 516 | 59.5082 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,959 | 59.5082 GBP |
0.25 ordinary shares | CFD | increasing a short position | 2,163 | 59.5529 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1 | 59.5600 GBP |
0.25 ordinary shares | CFD | increasing a long position | 52 | 59.5793 GBP |
0.25 ordinary shares | CFD | increasing a long position | 3,294 | 59.5832 GBP |
0.25 ordinary shares | CFD | increasing a short position | 363 | 59.5852 GBP |
0.25 ordinary shares | CFD | reducing a short position | 53 | 59.6000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 257 | 59.6000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 2,659 | 59.6500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 43 | 59.6500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 80 | 59.6500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 2,229 | 59.6869 GBP |
0.25 ordinary shares | CFD | reducing a long position | 639 | 59.6869 GBP |
0.25 ordinary shares | CFD | increasing a long position | 2,868 | 59.6869 GBP |
0.25 ordinary shares | CFD | reducing a long position | 103 | 59.6898 GBP |
0.25 ordinary shares | CFD | reducing a short position | 99 | 59.7500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 641 | 59.7876 GBP |
0.25 ordinary shares | CFD | increasing a long position | 194 | 59.8277 GBP |
0.25 ordinary shares | CFD | increasing a long position | 223 | 59.8377 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1,537 | 59.8389 GBP |
0.25 ordinary shares | CFD | increasing a short position | 410 | 59.8566 GBP |
0.25 ordinary shares | CFD | reducing a long position | 300 | 59.8627 GBP |
0.25 ordinary shares | CFD | increasing a short position | 512 | 59.9136 GBP |
0.25 ordinary shares | CFD | reducing a long position | 730 | 59.9136 GBP |
0.25 ordinary shares | CFD | increasing a long position | 678 | 59.9249 GBP |
0.25 ordinary shares | CFD | increasing a long position | 411 | 59.9249 GBP |
0.25 ordinary shares | CFD | increasing a long position | 163 | 59.9249 GBP |
0.25 ordinary shares | CFD | reducing a long position | 16 | 59.9500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 910 | 59.9758 GBP |
0.25 ordinary shares | CFD | reducing a long position | 22 | 59.9818 GBP |
0.25 ordinary shares | CFD | increasing a long position | 2,188 | 60.0020 GBP |
0.25 ordinary shares | CFD | increasing a short position | 2,295 | 60.0318 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,969 | 60.0363 GBP |
0.25 ordinary shares | CFD | increasing a long position | 167 | 60.0494 GBP |
0.25 ordinary shares | CFD | increasing a long position | 65 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 453 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 500 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 28 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 144 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 37 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 245 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 5 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 3 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 88 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 23 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 9 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 2,659 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 497 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,932 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 539 | 60.0500 GBP |
0.25 ordinary shares | CFD | reducing a short position | 181 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 8,330 | 60.0500 GBP |
0.25 ordinary shares | CFD | increasing a long position | 1 | 60.0520 GBP |
0.25 ordinary shares | CFD | increasing a short position | 3,660 | 60.0536 GBP |
0.25 ordinary shares | CFD | increasing a short position | 2,708 | 60.0590 GBP |
0.25 ordinary shares | CFD | reducing a long position | 530 | 60.0590 GBP |
0.25 ordinary shares | CFD | increasing a short position | 747 | 60.0860 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: | 01 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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