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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: | 02 July 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 | 145,897 | 62.1044 GBP | 61.6500 GBP |
0.25 ordinary shares | SALES | 89,121 | 62.0355 GBP | 61.6000 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 | increasing a short position | 151 | 61.7000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 174 | 61.7282 GBP |
0.25 ordinary shares | CFD | increasing a short position | 285 | 61.7491 GBP |
0.25 ordinary shares | CFD | reducing a long position | 3 | 61.7653 GBP |
0.25 ordinary shares | CFD | increasing a long position | 684 | 61.7732 GBP |
0.25 ordinary shares | CFD | increasing a short position | 6,208 | 61.7950 GBP |
0.25 ordinary shares | CFD | reducing a long position | 300 | 61.7972 GBP |
0.25 ordinary shares | CFD | reducing a long position | 11 | 61.7992 GBP |
0.25 ordinary shares | CFD | increasing a short position | 385 | 61.8003 GBP |
0.25 ordinary shares | CFD | reducing a long position | 35 | 61.8084 GBP |
0.25 ordinary shares | CFD | reducing a long position | 974 | 61.8101 GBP |
0.25 ordinary shares | CFD | increasing a short position | 3,724 | 61.8124 GBP |
0.25 ordinary shares | CFD | reducing a long position | 233 | 61.8199 GBP |
0.25 ordinary shares | CFD | reducing a short position | 341 | 61.8249 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,084 | 61.8280 GBP |
0.25 ordinary shares | CFD | reducing a long position | 362 | 61.8280 GBP |
0.25 ordinary shares | CFD | increasing a short position | 115 | 61.8336 GBP |
0.25 ordinary shares | CFD | reducing a short position | 973 | 61.8348 GBP |
0.25 ordinary shares | CFD | reducing a long position | 43 | 61.8363 GBP |
0.25 ordinary shares | CFD | reducing a short position | 28 | 61.8366 GBP |
0.25 ordinary shares | CFD | reducing a long position | 678 | 61.8426 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,141 | 61.8426 GBP |
0.25 ordinary shares | CFD | reducing a long position | 272 | 61.8426 GBP |
0.25 ordinary shares | CFD | reducing a short position | 589 | 61.8437 GBP |
0.25 ordinary shares | CFD | reducing a short position | 6,677 | 61.8459 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,904 | 61.8494 GBP |
0.25 ordinary shares | CFD | reducing a short position | 69 | 61.8500 GBP |
0.25 ordinary shares | CFD | reducing a long position | 2,004 | 61.8501 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,033 | 61.8513 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,060 | 61.8574 GBP |
0.25 ordinary shares | CFD | reducing a short position | 144 | 61.8631 GBP |
0.25 ordinary shares | CFD | reducing a short position | 4,507 | 61.8631 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,037 | 61.8631 GBP |
0.25 ordinary shares | CFD | reducing a short position | 418 | 61.8631 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2,079 | 61.8631 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,470 | 61.8631 GBP |
0.25 ordinary shares | CFD | reducing a short position | 3,377 | 61.8660 GBP |
0.25 ordinary shares | CFD | reducing a short position | 6 | 61.8667 GBP |
0.25 ordinary shares | CFD | reducing a short position | 604 | 61.8850 GBP |
0.25 ordinary shares | CFD | reducing a short position | 304 | 61.8876 GBP |
0.25 ordinary shares | CFD | reducing a short position | 62 | 61.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 20 | 61.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 14 | 61.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 21 | 61.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 190 | 61.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 2,353 | 61.8950 GBP |
0.25 ordinary shares | CFD | reducing a short position | 1,188 | 61.8988 GBP |
0.25 ordinary shares | CFD | reducing a short position | 99 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 450 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 162 | 61.9000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,028 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 165 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 11,416 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 24 | 61.9000 GBP |
0.25 ordinary shares | CFD | reducing a short position | 11,416 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 6,560 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 25 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 110 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a short position | 8,332 | 61.9000 GBP |
0.25 ordinary shares | CFD | increasing a long position | 19 | 61.9000 GBP |
0.25 ordinary shares | CFD | reducing a long position | 117 | 61.9018 GBP |
0.25 ordinary shares | CFD | increasing a short position | 139 | 61.9024 GBP |
0.25 ordinary shares | CFD | reducing a long position | 690 | 61.9109 GBP |
0.25 ordinary shares | CFD | reducing a long position | 1,114 | 61.9109 GBP |
0.25 ordinary shares | CFD | reducing a long position | 46 | 61.9109 GBP |
0.25 ordinary shares | CFD | reducing a long position | 26 | 61.9109 GBP |
0.25 ordinary shares | CFD | reducing a long position | 44 | 61.9109 GBP |
0.25 ordinary shares | CFD | reducing a long position | 27 | 61.9111 GBP |
0.25 ordinary shares | CFD | increasing a short position | 185 | 61.9231 GBP |
0.25 ordinary shares | CFD | increasing a short position | 73 | 61.9233 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,243 | 61.9371 GBP |
0.25 ordinary shares | CFD | increasing a long position | 661 | 61.9458 GBP |
0.25 ordinary shares | CFD | increasing a short position | 132 | 61.9617 GBP |
0.25 ordinary shares | CFD | increasing a short position | 117 | 61.9829 GBP |
0.25 ordinary shares | CFD | reducing a long position | 275 | 61.9829 GBP |
0.25 ordinary shares | CFD | increasing a short position | 35,000 | 61.9872 GBP |
0.25 ordinary shares | CFD | reducing a short position | 288 | 61.9920 GBP |
0.25 ordinary shares | CFD | increasing a short position | 181 | 62.0246 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,330 | 62.0249 GBP |
0.25 ordinary shares | CFD | increasing a short position | 44 | 62.0318 GBP |
0.25 ordinary shares | CFD | increasing a short position | 141 | 62.0500 GBP |
0.25 ordinary shares | CFD | increasing a short position | 1,600 | 62.1044 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: | 03 July 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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