Rule 38.5_A - DCC Energy plc

DCC Energy

28/09/2026 08:02

RNS Number : 5372W
  
Morgan Stanley & Co. Int'l plc
  
28 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:


25 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


25,822


64.4000 GBP


63.4500 GBP




0.25 ordinary shares


PURCHASES


1


85.1499 USD


85.1499 USD




0.25 ordinary shares


SALES


32,343


64.4019 GBP


63.4500 GBP




0.25 ordinary shares


SALES


274


85.2194 USD


85.1583 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 short position


1,163


63.8950 GBP




0.25 ordinary shares


CFD


increasing a short position


634


64.2456 GBP




0.25 ordinary shares


CFD


reducing a short position


24


64.2997 GBP




0.25 ordinary shares


CFD


reducing a short position


81


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


4


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


5


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


11


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


29


64.3000 GBP




0.25 ordinary shares


CFD


reducing a short position


15


64.3250 GBP




0.25 ordinary shares


CFD


reducing a short position


37


64.3250 GBP




0.25 ordinary shares


CFD


reducing a short position


101


64.3250 GBP




0.25 ordinary shares


CFD


reducing a short position


208


64.3306 GBP




0.25 ordinary shares


CFD


reducing a short position


222


64.3306 GBP




0.25 ordinary shares


CFD


increasing a short position


49


64.3318 GBP




0.25 ordinary shares


CFD


increasing a short position


367


64.3330 GBP




0.25 ordinary shares


CFD


reducing a short position


55


64.3358 GBP




0.25 ordinary shares


CFD


reducing a short position


3,587


64.3364 GBP




0.25 ordinary shares


CFD


reducing a short position


379


64.3399 GBP




0.25 ordinary shares


CFD


reducing a short position


223


64.3467 GBP




0.25 ordinary shares


CFD


increasing a long position


87


64.3484 GBP




0.25 ordinary shares


CFD


reducing a short position


123


64.3496 GBP




0.25 ordinary shares


CFD


reducing a short position


284


64.3496 GBP




0.25 ordinary shares


CFD


reducing a short position


513


64.3496 GBP




0.25 ordinary shares


CFD


reducing a short position


34


64.3496 GBP




0.25 ordinary shares


CFD


reducing a short position


60


64.3499 GBP




0.25 ordinary shares


CFD


increasing a short position


226


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


63


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


1


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


4,821


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


642


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


334


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


4,821


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


1,680


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


349


64.3500 GBP




0.25 ordinary shares


CFD


reducing a long position


11


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


4


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


2


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


5


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


337


64.3500 GBP




0.25 ordinary shares


CFD


increasing a short position


242


64.3500 GBP




0.25 ordinary shares


CFD


increasing a long position


41


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


502


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


25


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


1


64.3500 GBP




0.25 ordinary shares


CFD


reducing a short position


5,480


64.3512 GBP




0.25 ordinary shares


CFD


increasing a short position


4,490


64.3517 GBP




0.25 ordinary shares


CFD


increasing a short position


558


64.3545 GBP




0.25 ordinary shares


CFD


reducing a short position


700


64.3564 GBP




0.25 ordinary shares


CFD


reducing a short position


628


64.3604 GBP




0.25 ordinary shares


CFD


reducing a short position


314


64.3605 GBP




0.25 ordinary shares


CFD


increasing a short position


49


64.3614 GBP




0.25 ordinary shares


CFD


increasing a short position


192


64.3647 GBP




0.25 ordinary shares


CFD


reducing a short position


8


64.3681 GBP




0.25 ordinary shares


CFD


reducing a short position


2,064


64.3702 GBP




0.25 ordinary shares


CFD


reducing a long position


64


64.3859 GBP




0.25 ordinary shares


CFD


reducing a short position


133


64.4000 GBP




0.25 ordinary shares


CFD


increasing a short position


1


64.4000 GBP




0.25 ordinary shares


CFD


reducing a short position


364


64.4000 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:


28 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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