Rule 38.5_A - DCC Energy plc

DCC Energy

25/09/2026 08:39

RNS Number : 3404W
  
Morgan Stanley & Co. Int'l plc
  
25 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:


24 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


106,173


64.4000 GBP


64.2961 GBP




0.25 ordinary shares


SALES


150,433


64.4045 GBP


64.2750 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 per

unit (Note 5)




0.25 ordinary shares


CFD


increasing a short position


77


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


331


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


396


64.3000 GBP




0.25 ordinary shares


CFD


increasing a short position


368


64.3045 GBP




0.25 ordinary shares


CFD


increasing a short position


323


64.3161 GBP




0.25 ordinary shares


CFD


reducing a short position


554


64.3222 GBP




0.25 ordinary shares


CFD


reducing a short position


12


64.3233 GBP




0.25 ordinary shares


CFD


reducing a short position


35


64.3253 GBP




0.25 ordinary shares


CFD


increasing a long position


57


64.3295 GBP




0.25 ordinary shares


CFD


increasing a short position


7,120


64.3403 GBP




0.25 ordinary shares


CFD


reducing a short position


347


64.3412 GBP




0.25 ordinary shares


CFD


reducing a short position


1,237


64.3457 GBP




0.25 ordinary shares


CFD


reducing a short position


619


64.3466 GBP




0.25 ordinary shares


CFD


reducing a short position


252


64.3470 GBP




0.25 ordinary shares


CFD


reducing a short position


236


64.3470 GBP




0.25 ordinary shares


CFD


increasing a short position


607


64.3487 GBP




0.25 ordinary shares


CFD


increasing a long position


299


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


26


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


396


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


1


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


16


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


121


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


182


64.3563 GBP




0.25 ordinary shares


CFD


reducing a short position


136


64.3563 GBP




0.25 ordinary shares


CFD


increasing a short position


498


64.3597 GBP




0.25 ordinary shares


CFD


reducing a long position


1,399


64.3652 GBP




0.25 ordinary shares


CFD


increasing a short position


1,691


64.3653 GBP




0.25 ordinary shares


CFD


increasing a short position


550


64.3700 GBP




0.25 ordinary shares


CFD


reducing a short position


280


64.3793 GBP




0.25 ordinary shares


CFD


reducing a short position


120


64.3793 GBP




0.25 ordinary shares


CFD


reducing a short position


504


64.3793 GBP




0.25 ordinary shares


CFD


increasing a short position


6,500


64.3798 GBP




0.25 ordinary shares


CFD


increasing a short position


117


64.3876 GBP




0.25 ordinary shares


CFD


increasing a short position


1,346


64.3900 GBP




0.25 ordinary shares


CFD


increasing a short position


8,607


64.3929 GBP




0.25 ordinary shares


CFD


increasing a short position


71


64.3993 GBP




0.25 ordinary shares


CFD


increasing a short position


41


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


58


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


155


64.4000 GBP




0.25 ordinary shares


CFD


reducing a short position


15,727


64.4000 GBP




0.25 ordinary shares


CFD


reducing a short position


2,750


64.4000 GBP




0.25 ordinary shares


CFD


increasing a long position


37


64.4000 GBP




0.25 ordinary shares


CFD


reducing a short position


917


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


15


64.4000 GBP




0.25 ordinary shares


CFD


reducing a short position


218


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


2,750


64.4000 GBP




0.25 ordinary shares


CFD


reducing a long position


299


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


32


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


7


64.4014 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:


25 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.




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 or visit 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.
 
  END
 
 
ITPPPURWBUPQUMA