Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

11 May 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 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:	08 May 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	73,006	57.7250 GBP	57.0033 GBP
0.25 ordinary shares	SALES	74,735	57.8000 GBP	57.0259 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	3	57.0033 GBP
0.25 ordinary shares	CFD	increasing a short position	26	57.1331 GBP
0.25 ordinary shares	CFD	reducing a short position	1	57.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	57.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	24	57.2646 GBP
0.25 ordinary shares	CFD	increasing a short position	47	57.2821 GBP
0.25 ordinary shares	CFD	reducing a long position	23	57.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	6	57.3033 GBP
0.25 ordinary shares	CFD	increasing a short position	50	57.3176 GBP
0.25 ordinary shares	CFD	increasing a long position	56	57.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	49	57.3866 GBP
0.25 ordinary shares	CFD	increasing a short position	1,850	57.3866 GBP
0.25 ordinary shares	CFD	reducing a long position	18	57.3983 GBP
0.25 ordinary shares	CFD	increasing a short position	53	57.3983 GBP
0.25 ordinary shares	CFD	reducing a long position	48	57.3983 GBP
0.25 ordinary shares	CFD	reducing a long position	166	57.4087 GBP
0.25 ordinary shares	CFD	reducing a short position	2	57.4500 GBP
0.25 ordinary shares	CFD	reducing a short position	179	57.4714 GBP
0.25 ordinary shares	CFD	increasing a long position	35	57.4750 GBP
0.25 ordinary shares	CFD	increasing a long position	45	57.4884 GBP
0.25 ordinary shares	CFD	increasing a long position	90	57.4884 GBP
0.25 ordinary shares	CFD	reducing a short position	376	57.4896 GBP
0.25 ordinary shares	CFD	increasing a long position	235	57.4896 GBP
0.25 ordinary shares	CFD	increasing a short position	796	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	134	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	1,867	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	364	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	509	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	373	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	490	57.4902 GBP
0.25 ordinary shares	CFD	increasing a short position	254	57.4902 GBP
0.25 ordinary shares	CFD	increasing a long position	287	57.4904 GBP
0.25 ordinary shares	CFD	increasing a long position	14	57.4914 GBP
0.25 ordinary shares	CFD	increasing a long position	4	57.4925 GBP
0.25 ordinary shares	CFD	reducing a short position	20	57.4940 GBP
0.25 ordinary shares	CFD	increasing a short position	2,130	57.4958 GBP
0.25 ordinary shares	CFD	increasing a short position	3,228	57.4958 GBP
0.25 ordinary shares	CFD	increasing a long position	2,372	57.4989 GBP
0.25 ordinary shares	CFD	reducing a short position	595	57.4989 GBP
0.25 ordinary shares	CFD	reducing a short position	4	57.5000 GBP
0.25 ordinary shares	CFD	increasing a short position	1	57.5000 GBP
0.25 ordinary shares	CFD	increasing a long position	410	57.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	188	57.5000 GBP
0.25 ordinary shares	CFD	increasing a long position	11,243	57.5000 GBP
0.25 ordinary shares	CFD	reducing a short position	666	57.5000 GBP
0.25 ordinary shares	CFD	increasing a short position	791	57.5000 GBP
0.25 ordinary shares	CFD	increasing a short position	20	57.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	11,243	57.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	286	57.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	276	57.5000 GBP
0.25 ordinary shares	CFD	reducing a short position	12	57.5000 GBP
0.25 ordinary shares	CFD	increasing a short position	95	57.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	108	57.5001 GBP
0.25 ordinary shares	CFD	increasing a short position	4,103	57.5035 GBP
0.25 ordinary shares	CFD	increasing a short position	1,147	57.5062 GBP
0.25 ordinary shares	CFD	increasing a long position	1,110	57.5076 GBP
0.25 ordinary shares	CFD	increasing a short position	3,971	57.5086 GBP
0.25 ordinary shares	CFD	reducing a short position	100	57.5233 GBP
0.25 ordinary shares	CFD	reducing a short position	2,789	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	367	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	384	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	852	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	515	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	349	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	310	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	585	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	258	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	1,413	57.5236 GBP
0.25 ordinary shares	CFD	reducing a short position	347	57.5273 GBP
0.25 ordinary shares	CFD	reducing a short position	54	57.5310 GBP
0.25 ordinary shares	CFD	increasing a short position	426	57.5357 GBP
0.25 ordinary shares	CFD	reducing a short position	123	57.5397 GBP
0.25 ordinary shares	CFD	increasing a short position	1,355	57.5446 GBP
0.25 ordinary shares	CFD	increasing a long position	1,140	57.5453 GBP
0.25 ordinary shares	CFD	increasing a short position	350	57.5480 GBP
0.25 ordinary shares	CFD	increasing a long position	754	57.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	2	57.5500 GBP
0.25 ordinary shares	CFD	increasing a long position	25	57.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	412	57.5606 GBP
0.25 ordinary shares	CFD	reducing a short position	24	57.5750 GBP
0.25 ordinary shares	CFD	increasing a short position	400	57.6000 GBP
0.25 ordinary shares	CFD	reducing a short position	639	57.6006 GBP
0.25 ordinary shares	CFD	reducing a short position	13	57.6115 GBP
0.25 ordinary shares	CFD	increasing a short position	225	57.6130 GBP
0.25 ordinary shares	CFD	reducing a short position	14	57.6286 GBP
0.25 ordinary shares	CFD	reducing a short position	1,394	57.6337 GBP
0.25 ordinary shares	CFD	reducing a short position	6	57.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,850	57.6508 GBP
0.25 ordinary shares	CFD	increasing a long position	41	57.6508 GBP
0.25 ordinary shares	CFD	reducing a short position	5	57.6544 GBP
0.25 ordinary shares	CFD	increasing a short position	12	57.6825 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:	11 May 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