Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

20 July 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:	17 July 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	125,435	62.9944 GBP	62.7000 GBP
0.25 ordinary shares	SALES	78,215	62.9500 GBP	62.7000 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	reducing a short position	60	62.7500 GBP
0.25 ordinary shares	CFD	reducing a short position	76	62.7875 GBP
0.25 ordinary shares	CFD	increasing a short position	2,199	62.7877 GBP
0.25 ordinary shares	CFD	increasing a short position	119	62.7894 GBP
0.25 ordinary shares	CFD	increasing a short position	523	62.7955 GBP
0.25 ordinary shares	CFD	reducing a short position	263	62.7961 GBP
0.25 ordinary shares	CFD	increasing a short position	100	62.8000 GBP
0.25 ordinary shares	CFD	increasing a short position	1	62.8000 GBP
0.25 ordinary shares	CFD	increasing a short position	1	62.8019 GBP
0.25 ordinary shares	CFD	increasing a short position	254	62.8067 GBP
0.25 ordinary shares	CFD	increasing a short position	6,800	62.8100 GBP
0.25 ordinary shares	CFD	increasing a short position	1,318	62.8114 GBP
0.25 ordinary shares	CFD	increasing a short position	3,379	62.8125 GBP
0.25 ordinary shares	CFD	increasing a short position	2,238	62.8128 GBP
0.25 ordinary shares	CFD	increasing a short position	500	62.8128 GBP
0.25 ordinary shares	CFD	increasing a short position	200	62.8128 GBP
0.25 ordinary shares	CFD	increasing a short position	768	62.8128 GBP
0.25 ordinary shares	CFD	increasing a short position	1,000	62.8128 GBP
0.25 ordinary shares	CFD	increasing a short position	100	62.8128 GBP
0.25 ordinary shares	CFD	reducing a long position	136	62.8157 GBP
0.25 ordinary shares	CFD	reducing a long position	14	62.8157 GBP
0.25 ordinary shares	CFD	reducing a long position	5	62.8177 GBP
0.25 ordinary shares	CFD	reducing a short position	2	62.8250 GBP
0.25 ordinary shares	CFD	reducing a short position	4,911	62.8288 GBP
0.25 ordinary shares	CFD	increasing a long position	166	62.8374 GBP
0.25 ordinary shares	CFD	increasing a long position	82	62.8402 GBP
0.25 ordinary shares	CFD	reducing a long position	899	62.8426 GBP
0.25 ordinary shares	CFD	reducing a long position	495	62.8476 GBP
0.25 ordinary shares	CFD	increasing a short position	1,065	62.8481 GBP
0.25 ordinary shares	CFD	reducing a short position	455	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	3,888	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	4,446	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	276	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	8,347	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	193	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	216	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	158	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	795	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	800	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	2,690	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	106	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	769	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	9	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	305	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	207	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	21	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	32	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	115	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	107	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	4,010	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	8,347	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	117	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	66	62.8501 GBP
0.25 ordinary shares	CFD	increasing a short position	1,418	62.8506 GBP
0.25 ordinary shares	CFD	reducing a short position	660	62.8525 GBP
0.25 ordinary shares	CFD	increasing a short position	1,677	62.8538 GBP
0.25 ordinary shares	CFD	reducing a short position	17	62.8553 GBP
0.25 ordinary shares	CFD	increasing a long position	1,187	62.8573 GBP
0.25 ordinary shares	CFD	increasing a long position	734	62.8612 GBP
0.25 ordinary shares	CFD	increasing a short position	4,133	62.8640 GBP
0.25 ordinary shares	CFD	reducing a long position	50	62.8665 GBP
0.25 ordinary shares	CFD	reducing a long position	318	62.8677 GBP
0.25 ordinary shares	CFD	reducing a long position	45	62.8710 GBP
0.25 ordinary shares	CFD	reducing a long position	225	62.8710 GBP
0.25 ordinary shares	CFD	increasing a short position	852	62.8712 GBP
0.25 ordinary shares	CFD	reducing a long position	64	62.8714 GBP
0.25 ordinary shares	CFD	reducing a long position	2	62.8714 GBP
0.25 ordinary shares	CFD	reducing a long position	7	62.8728 GBP
0.25 ordinary shares	CFD	increasing a long position	2,137	62.8732 GBP
0.25 ordinary shares	CFD	increasing a short position	151	62.8799 GBP
0.25 ordinary shares	CFD	reducing a short position	301	62.8806 GBP
0.25 ordinary shares	CFD	reducing a long position	1	62.8810 GBP
0.25 ordinary shares	CFD	reducing a long position	689	62.8851 GBP
0.25 ordinary shares	CFD	reducing a long position	280	62.8851 GBP
0.25 ordinary shares	CFD	increasing a long position	2,689	62.8908 GBP
0.25 ordinary shares	CFD	reducing a short position	61	62.9500 GBP
0.25 ordinary shares	CFD	increasing a short position	1,800	62.9944 GBP
0.25 ordinary shares	CFD	increasing a short position	800	62.9944 GBP
0.25 ordinary shares	CFD	increasing a short position	7,837	62.9944 GBP
0.25 ordinary shares	CFD	increasing a short position	300	62.9944 GBP
0.25 ordinary shares	CFD	increasing a short position	2,590	62.9944 GBP
0.25 ordinary shares	CFD	increasing a short position	3,700	62.9944 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:	20 July 2026
Contact name:	Claire Gordon
Telephone number:	[phone]

Public disclosures under Rule 38 of the Rules must be made to a Regulatory Information Service.

 

END