Rule 38.5_A - DCC Energy plc

DCC Energy

24/09/2026 10:45

RNS Number : 1743W
  
Morgan Stanley & Co. Int'l plc
  
24 September 2026
  
 



 
FORM 38.5(a) (EPT/RI)
 
IRISH TAKEOVER PANEL
 
DEALING DISCLOSURE UNDER RULE 38.5(a) OF THE IRISH

TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022

BY A CONNECTED EXEMPT PRINCIPAL TRADER WITH

RECOGNISED INTERMEDIARY STATUS AND DEALING IN

A 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 Energy 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:


23 September 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


Total

number of 
 securities


Highest 
 price per 
 unit paid/ 
 received


Lowest 
 price per 
 unit paid/ 
 received




0.25 ordinary shares


PURCHASES


55,082


64.4000 GBP


64.2990 GBP




0.25 ordinary shares


SALES


62,350


64.3750 GBP


64.3000 GBP




0.25 ordinary shares


SALES


117


85.2244 USD


85.2244 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 per

unit (Note 5)




0.25 ordinary shares


CFD


reducing a long position


680


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


2,685


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


2,685


64.3000 GBP




0.25 ordinary shares


CFD


increasing a long position


36


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


2,115


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


135


64.3000 GBP




0.25 ordinary shares


CFD


reducing a long position


268


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


4,904


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


763


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


1,163


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


2,181


64.3000 GBP




0.25 ordinary shares


CFD


reducing a long position


78


64.3032 GBP




0.25 ordinary shares


CFD


increasing a short position


156


64.3032 GBP




0.25 ordinary shares


CFD


increasing a short position


300


64.3051 GBP




0.25 ordinary shares


CFD


reducing a long position


716


64.3178 GBP




0.25 ordinary shares


CFD


increasing a short position


626


64.3201 GBP




0.25 ordinary shares


CFD


increasing a short position


13


64.3231 GBP




0.25 ordinary shares


CFD


reducing a short position


93


64.3250 GBP




0.25 ordinary shares


CFD


increasing a short position


19


64.3263 GBP




0.25 ordinary shares


CFD


reducing a short position


267


64.3264 GBP




0.25 ordinary shares


CFD


reducing a short position


115


64.3264 GBP




0.25 ordinary shares


CFD


reducing a short position


483


64.3264 GBP




0.25 ordinary shares


CFD


increasing a long position


166


64.3269 GBP




0.25 ordinary shares


CFD


increasing a short position


10


64.3280 GBP




0.25 ordinary shares


CFD


reducing a short position


228


64.3286 GBP




0.25 ordinary shares


CFD


reducing a short position


244


64.3286 GBP




0.25 ordinary shares


CFD


increasing a short position


2


64.3300 GBP




0.25 ordinary shares


CFD


reducing a long position


878


64.3327 GBP




0.25 ordinary shares


CFD


reducing a short position


23


64.3345 GBP




0.25 ordinary shares


CFD


reducing a short position


1,133


64.3351 GBP




0.25 ordinary shares


CFD


increasing a short position


110


64.3366 GBP




0.25 ordinary shares


CFD


increasing a short position


35


64.3396 GBP




0.25 ordinary shares


CFD


increasing a short position


342


64.3427 GBP




0.25 ordinary shares


CFD


reducing a short position


89


64.3440 GBP




0.25 ordinary shares


CFD


increasing a short position


10


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


8


64.3500 GBP




0.25 ordinary shares


CFD


reducing a long position


1,905


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


10


64.3510 GBP




0.25 ordinary shares


CFD


reducing a short position


136


64.3511 GBP




0.25 ordinary shares


CFD


increasing a short position


200


64.3514 GBP




0.25 ordinary shares


CFD


increasing a short position


761


64.3516 GBP




0.25 ordinary shares


CFD


increasing a short position


291


64.3625 GBP




0.25 ordinary shares


CFD


increasing a long position


984


64.3677 GBP




0.25 ordinary shares


CFD


increasing a short position


6


64.3750 GBP




0.25 ordinary shares


CFD


increasing a short position


14


64.3750 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.


Expiry

date


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 price

per 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:


24 September 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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