REG - DCC PLC - Acquisition of Shares under Tender Offer and TVR

DCCAnnouncement

19/12/2025 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251219:nRSS3294Ma&default-theme=true

RNS Number : 3294M  DCC PLC  19 December 2025

19 December 2025
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT
Acquisition of Ordinary Shares under Tender Offer and Total Voting Rights

Further to the announcement of the results of the Tender Offer earlier today,
DCC plc ("DCC" or "the Company") confirms that, under the terms of the Option
Agreement, it has today acquired on-market on the London Stock Exchange from
Davy 11,605,415 Ordinary Shares in the Company, at a price of £51.70 per
Ordinary Share (the "Strike Price"), representing a total cost of
approximately £600 million.

The Ordinary Shares acquired by the Company are today being cancelled. The
Ordinary Shares were originally purchased by Davy pursuant to the Tender Offer
at the Strike Price.

Following the cancellation of 11,605,415 Ordinary Shares, and in accordance
with the FCA's Disclosure Guidance and Transparency Rules, the Company's total
number of Ordinary Shares with voting rights is 85,423,097. The total issued
share capital is 87,609,229 Ordinary Shares of €0.25 each, of which
2,186,132 are held as treasury shares and therefore do not carry voting
rights.

The figure of 85,423,097 should be used by shareholders as the denominator for
the calculation by which they should determine if they are required to notify
their interest in, or a change to their interest in, the share capital of DCC
under the FCA's Disclosure Guidance and Transparency Rules.

Capitalised words and expressions in this announcement shall, unless the
context provides otherwise, have the same meanings as in the shareholder
circular published by the Company on 17 November 2025 (the "Circular").

 
 
 

 

Contact information
 Investor enquiries:
 Conor Murphy, Chief Financial Officer                           Tel: +353 1 2799 400
 Darragh Byrne, Company Secretary                                Email: investorrelations@dcc.ie
 Rossa White, Head of Group Investor Relations & Comms.
 Media enquiries:
 Sodali & Co (Eavan Gannon/Pete Lambie)                          Tel: +44 20 7250 1446
                                 Email: DCCGroup@sodali.com

Davy is acting as financial adviser and broker to DCC in connection with the
Tender Offer. William Fry LLP is acting as legal adviser to DCC.

About DCC plc
Invested in Energy

DCC is a customer-focused energy business, specialising in the sales,
marketing, and distribution of secure, cleaner and competitive energy
solutions to commercial, industrial, domestic, and transport customers.
Headquartered in Dublin, DCC's ordinary shares (ISIN: IE0002424939) are listed
on the London Stock Exchange (TIDM: DCC) and the Company is a constituent of
the FTSE 100. In our financial year ended 31 March 2025, DCC generated
revenues of £16.1 billion and adjusted operating profit of £609.7 million on
continuing operations. DCC has an excellent record, delivering compound annual
growth of 13% in continuing adjusted operating profit and unbroken dividend
growth of 13% while maintaining high returns on capital employed over 31 years
as a public company.

Follow us on LinkedIn
(https://www.linkedin.com/company/dcc-plc/?viewAsMember=true) .

www.dcc.ie (http://www.dcc.ie)

 
 
 
 
 

 

Important Notices

 

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer, to purchase or repurchase securities in any
jurisdiction or constitute a recommendation or advice in respect of any
securities or other financial instruments or any other matter. DCC
shareholders are advised to read carefully the Circular. Any response to the
Tender Offer should be made only on the basis of the information in the
Circular.

 

Davy, which is regulated in Ireland by the Central Bank of Ireland, is acting
exclusively for DCC and no one else in connection with the matters described
in this announcement. Davy will not regard any other person (whether or not a
recipient of this announcement) as its customer or be responsible to any other
person for providing the protections to customers of Davy nor for providing
advice in relation to the transactions and arrangements described in this
announcement. Davy is not making any representation or warranty, express or
implied, as to the contents of this announcement. Davy has not approved the
contents of, or any part of, this announcement and no liability whatsoever is
accepted by Davy for the accuracy of any information or opinions contained in
this announcement or for the omission of any information from this
announcement.

 

Forward-looking Statements

 

This announcement contains certain forward-looking statements with respect to
the financial condition, results of operations and business of the Group and
certain plans and objectives of the Board, that are subject to risk factors
associated with, amongst other things, the economic and business circumstances
occurring from time to time in the countries, sectors and business segments in
which the Group operates. These forward-looking statements can be identified
by the fact that they do not relate only to historical or current facts.
Forward looking statements often use words such as "anticipate", "target",
"expect", "estimate", "intend", "plan", "goal", "believe", "will", "may",
"should", "would", "could" (or the negative thereof) or other words of similar
meaning. These statements are based on assumptions and assessments made by the
Board in light of its experience and perception of historical trends, current
conditions, expected future developments and other factors it believes
appropriate. By their nature, forward-looking statements involve risk and
uncertainty, and the factors described in the context of such forward-looking
statements in this announcement could cause actual results or developments to
differ materially from those expressed in or implied by such forward-looking
statements.

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TENLKLFFELLEFBL



            Copyright 2019 Regulatory News Service, all rights reserved