REG - DCC PLC - DCC Healthcare sale completes and capital return

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RNS Number : 6685Y  DCC PLC  10 September 2025

10 September 2025
Completion of sale of DCC Healthcare and return of £600 million of capital to shareholders
Completion of sale of DCC Healthcare

DCC plc ("DCC" or the "Group") is pleased to announce that it has completed
the sale of DCC's healthcare division ("DCC Healthcare"), following receipt of
customary regulatory approvals. Details of the transaction were contained in
DCC's stock exchange announcement of 22 April 2025.

The completion of the sale of DCC Healthcare is a material step in the Group's
strategy to simplify operations, maximise shareholder value and accelerate the
growth of its energy business, the Group's largest and highest returning
division.

Return of capital to shareholders

As announced on 13 May 2025, DCC intends to return £800 million from the sale
of DCC Healthcare to its shareholders.

DCC commenced this process in May with the launch of a £100 million on-market
share buyback programme. That programme is expected to complete in the coming
weeks.

DCC also intends to launch a £600 million tender offer shortly after its
interim results in November, with the expectation of completing the tender
offer in December.

The final £100 million will be returned to shareholders following receipt of
unconditional deferred consideration payable for DCC Healthcare in
approximately two years.

Donal Murphy, Chief Executive of DCC plc, commented:

"We are simplifying our business so that we can focus all our efforts on
growth opportunities in the energy sector, which offers the most compelling
opportunity for shareholders.

The completion of the sale of DCC Healthcare and the return of a further £600
million in proceeds to our shareholders later this year are two important
steps in this process.

DCC remains focused on delivering sustainable, long-term value for our
shareholders and other stakeholders."

 

 

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

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 is listed on the London Stock Exchange and is a
constituent of the FTSE 100. In our financial year ended 31 March 2025, DCC
generated revenues of £18.0 billion and adjusted operating profit
of £617.5 million. 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/)

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

 

Forward-looking statements

This announcement contains some forward-looking statements that represent
DCC's expectations for its business, based on current expectations about
future events, which by their nature involve risk and uncertainty. DCC
believes that its expectations and assumptions with respect to these
forward-looking statements are reasonable, however because they involve risk
and uncertainty as to future circumstances, which are in many cases beyond
DCC's control, actual results or performance may differ materially from those
expressed in or implied by such forward-looking statements.

 

 

 

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