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FORM 38.5(b) |
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IRISH TAKEOVER PANEL |
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OPENING POSITION DISCLOSURE/DEALING DISCLOSURE |
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UNDER RULE 38.5(b) OF THE IRISH TAKEOVER |
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PANEL ACT, 1997, TAKEOVER RULES, 2022 BY A CONNECTED |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED |
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INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY |
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STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose relevant securities this form relates: |
DCC ENERGY PLC |
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(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. |
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(d) |
Date position held/dealing undertaken: |
22 JUL 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? |
NO |
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2. |
INTERESTS AND SHORT POSITIONS |
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Interests and short positions in the relevant securities of the offeror |
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or offeree to which the disclosure relates following the dealing (if any) (Note 2) |
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Class of relevant security: |
€0.25OrdinaryShares |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
1,173,276 |
1.37% |
555,078 |
0.65% |
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(2) Cash-settled derivatives: |
276,249 |
0.32% |
1,013,176 |
1.19% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
1,449,525 |
1.70% |
1,568,254 |
1.84% |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER (Note 4) |
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(a) |
Purchase and sales |
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Class of relevant Security |
Purchase/sale |
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
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€0.25OrdinaryShares |
Purchase |
2 |
62.7500 GBP |
62.7500 GBP |
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|
€0.25OrdinaryShares |
Purchase |
15 |
62.8500 GBP |
62.8500 GBP |
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|
€0.25OrdinaryShares |
Purchase |
19 |
62.9547 GBP |
62.9547 GBP |
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|
€0.25OrdinaryShares |
Purchase |
40 |
62.9262 GBP |
62.9262 GBP |
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|
€0.25OrdinaryShares |
Purchase |
61 |
62.9250 GBP |
62.9250 GBP |
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|
€0.25OrdinaryShares |
Purchase |
76 |
63.1000 GBP |
63.1000 GBP |
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|
€0.25OrdinaryShares |
Purchase |
126 |
62.9873 GBP |
62.9873 GBP |
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|
€0.25OrdinaryShares |
Purchase |
136 |
62.9625 GBP |
62.9625 GBP |
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|
€0.25OrdinaryShares |
Purchase |
142 |
62.9728 GBP |
62.9728 GBP |
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|
€0.25OrdinaryShares |
Purchase |
150 |
62.9470 GBP |
62.9470 GBP |
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|
€0.25OrdinaryShares |
Purchase |
204 |
62.9333 GBP |
62.9333 GBP |
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|
€0.25OrdinaryShares |
Purchase |
227 |
62.9376 GBP |
62.9376 GBP |
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|
€0.25OrdinaryShares |
Purchase |
254 |
62.9236 GBP |
62.9236 GBP |
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|
€0.25OrdinaryShares |
Purchase |
329 |
62.9124 GBP |
62.9124 GBP |
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|
€0.25OrdinaryShares |
Purchase |
360 |
62.9712 GBP |
62.9712 GBP |
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|
€0.25OrdinaryShares |
Purchase |
360 |
62.9673 GBP |
62.9673 GBP |
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|
€0.25OrdinaryShares |
Purchase |
386 |
62.9000 GBP |
62.9000 GBP |
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|
€0.25OrdinaryShares |
Purchase |
492 |
62.9374 GBP |
62.9374 GBP |
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|
€0.25OrdinaryShares |
Purchase |
666 |
63.0000 GBP |
63.0000 GBP |
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|
€0.25OrdinaryShares |
Purchase |
698 |
62.9167 GBP |
62.9167 GBP |
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|
€0.25OrdinaryShares |
Purchase |
913 |
63.0104 GBP |
63.0104 GBP |
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|
€0.25OrdinaryShares |
Purchase |
918 |
62.9185 GBP |
62.9185 GBP |
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|
€0.25OrdinaryShares |
Purchase |
996 |
62.9331 GBP |
62.9331 GBP |
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€0.25OrdinaryShares |
Purchase |
1,182 |
62.9675 GBP |
62.9675 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,182 |
62.9684 GBP |
62.9684 GBP |
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€0.25OrdinaryShares |
Purchase |
1,392 |
62.9977 GBP |
62.9977 GBP |
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€0.25OrdinaryShares |
Purchase |
1,435 |
63.0440 GBP |
63.0440 GBP |
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€0.25OrdinaryShares |
Purchase |
1,527 |
62.9751 GBP |
62.9751 GBP |
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€0.25OrdinaryShares |
Purchase |
1,715 |
62.9756 GBP |
62.9756 GBP |
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€0.25OrdinaryShares |
Purchase |
2,354 |
62.8728 GBP |
62.8728 GBP |
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€0.25OrdinaryShares |
Purchase |
2,461 |
62.9257 GBP |
62.9257 GBP |
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€0.25OrdinaryShares |
Purchase |
2,548 |
62.9361 GBP |
62.9361 GBP |
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€0.25OrdinaryShares |
Purchase |
2,691 |
63.0811 GBP |
63.0811 GBP |
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€0.25OrdinaryShares |
Purchase |
2,774 |
62.9344 GBP |
62.9344 GBP |
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€0.25OrdinaryShares |
Purchase |
3,554 |
62.9045 GBP |
62.9045 GBP |
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€0.25OrdinaryShares |
Purchase |
7,346 |
62.9544 GBP |
62.9544 GBP |
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€0.25OrdinaryShares |
Purchase |
8,050 |
62.9183 GBP |
62.9183 GBP |
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€0.25OrdinaryShares |
Purchase |
10,220 |
62.9387 GBP |
62.9387 GBP |
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€0.25OrdinaryShares |
Purchase |
12,312 |
62.9735 GBP |
62.9735 GBP |
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€0.25OrdinaryShares |
Purchase |
15,902 |
62.9695 GBP |
62.9695 GBP |
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€0.25OrdinaryShares |
Purchase |
90,580 |
62.9500 GBP |
62.9500 GBP |
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€0.25OrdinaryShares |
Sale |
1 |
63.0400 GBP |
63.0400 GBP |
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€0.25OrdinaryShares |
Sale |
2 |
62.7500 GBP |
62.7500 GBP |
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€0.25OrdinaryShares |
Sale |
19 |
62.8750 GBP |
62.8750 GBP |
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€0.25OrdinaryShares |
Sale |
20 |
63.0050 GBP |
63.0050 GBP |
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€0.25OrdinaryShares |
Sale |
31 |
62.8709 GBP |
62.8709 GBP |
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€0.25OrdinaryShares |
Sale |
51 |
63.0009 GBP |
63.0009 GBP |
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€0.25OrdinaryShares |
Sale |
90 |
62.9600 GBP |
62.9600 GBP |
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€0.25OrdinaryShares |
Sale |
112 |
62.8500 GBP |
62.8500 GBP |
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|
€0.25OrdinaryShares |
Sale |
147 |
62.9010 GBP |
62.9010 GBP |
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€0.25OrdinaryShares |
Sale |
176 |
62.9488 GBP |
62.9488 GBP |
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€0.25OrdinaryShares |
Sale |
192 |
62.9018 GBP |
62.9018 GBP |
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€0.25OrdinaryShares |
Sale |
240 |
62.9000 GBP |
62.9000 GBP |
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€0.25OrdinaryShares |
Sale |
298 |
63.1000 GBP |
63.1000 GBP |
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€0.25OrdinaryShares |
Sale |
368 |
62.8889 GBP |
62.8889 GBP |
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€0.25OrdinaryShares |
Sale |
421 |
63.0964 GBP |
63.0964 GBP |
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€0.25OrdinaryShares |
Sale |
768 |
62.9203 GBP |
62.9203 GBP |
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€0.25OrdinaryShares |
Sale |
827 |
62.9003 GBP |
62.9003 GBP |
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€0.25OrdinaryShares |
Sale |
845 |
62.9661 GBP |
62.9661 GBP |
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€0.25OrdinaryShares |
Sale |
908 |
62.9077 GBP |
62.9077 GBP |
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€0.25OrdinaryShares |
Sale |
1,173 |
62.9472 GBP |
62.9472 GBP |
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€0.25OrdinaryShares |
Sale |
2,545 |
62.9173 GBP |
62.9173 GBP |
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€0.25OrdinaryShares |
Sale |
3,628 |
62.8995 GBP |
62.8995 GBP |
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€0.25OrdinaryShares |
Sale |
5,947 |
62.9490 GBP |
62.9490 GBP |
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€0.25OrdinaryShares |
Sale |
8,290 |
62.9417 GBP |
62.9417 GBP |
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€0.25OrdinaryShares |
Sale |
35,235 |
63.0500 GBP |
63.0500 GBP |
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€0.25OrdinaryShares |
Sale |
47,415 |
62.9500 GBP |
62.9500 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of relevant security |
Product description |
Nature of dealing |
Number of reference securities |
Price per unit |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Long |
3,554 |
62.9045 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
139 |
62.9376 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Long |
3,628 |
62.8995 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
195 |
62.9652 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
110 |
62.9626 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
81 |
62.9993 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
46 |
62.9612 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
3,237 |
62.9500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Long |
19 |
62.9548 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
40,735 |
62.9500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
1,229 |
62.9500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Long |
743 |
62.9531 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
272 |
62.9352 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Increasing Long |
112 |
62.945 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Decreasing Short |
907 |
63.0778 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Decreasing Long |
231 |
62.8923 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Closing Long |
152 |
62.9444 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Increasing Short |
9,165 |
63.0023 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Closing Short |
908 |
62.9077 GBP |
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鈧�.25OrdinaryShares: |
CFD |
Opening Short |
3,746 |
62.9500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
6,563 |
62.9468 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
1,006 |
62.9268 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Closing Short |
1 |
63.0450 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
39 |
62.9376 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
49 |
62.9376 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Closing Long |
185 |
62.9463 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Closing Long |
1,804 |
62.9464 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Closing Long |
1,746 |
62.9463 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Long |
41 |
62.9463 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Closing Long |
7,346 |
62.9544 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
1,173 |
62.9472 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Long |
1,774 |
62.9500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
721 |
62.9737 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
339 |
62.9597 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
440 |
62.9520 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
913 |
63.0104 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
4,824 |
62.9500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
39 |
62.9923 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
19,672 |
63.0500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
91 |
62.9357 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
2,548 |
62.9361 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
1,656 |
62.9304 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
1,527 |
62.9751 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
2,484 |
63.0500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
10,220 |
62.9387 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
15,563 |
63.0500 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
996 |
62.9331 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
2,550 |
62.9265 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Increasing Short |
12,312 |
62.9735 GBP |
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鈧�.25OrdinaryShares: |
SWAP |
Decreasing Short |
827 |
62.9003 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant security |
Product description |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant security |
Nature of Dealings |
Details |
Price per unit (if applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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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: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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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. |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 38.5(b) attached? |
NO |
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Date of disclosure: |
23 Jul 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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