Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

14 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:	13 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	43,744	58.0750 GBP	57.5970 GBP
0.25 ordinary shares	PURCHASES	3,482	78.3789 USD	78.3789 USD
0.25 ordinary shares	SALES	43,660	58.0709 GBP	57.5483 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 long position	48	57.5483 GBP
0.25 ordinary shares	CFD	increasing a long position	11	57.5500 GBP
0.25 ordinary shares	CFD	reducing a long position	1	57.6017 GBP
0.25 ordinary shares	CFD	reducing a short position	84	57.6027 GBP
0.25 ordinary shares	CFD	increasing a short position	104	57.6250 GBP
0.25 ordinary shares	CFD	reducing a short position	29	57.6672 GBP
0.25 ordinary shares	CFD	reducing a long position	137	57.7000 GBP
0.25 ordinary shares	CFD	reducing a long position	23	57.7209 GBP
0.25 ordinary shares	CFD	reducing a short position	35	57.7386 GBP
0.25 ordinary shares	CFD	reducing a short position	98	57.7450 GBP
0.25 ordinary shares	CFD	increasing a short position	250	57.7471 GBP
0.25 ordinary shares	CFD	increasing a short position	880	57.7541 GBP
0.25 ordinary shares	CFD	increasing a short position	580	57.7541 GBP
0.25 ordinary shares	CFD	reducing a long position	48	57.7573 GBP
0.25 ordinary shares	CFD	reducing a short position	1	57.7700 GBP
0.25 ordinary shares	CFD	reducing a short position	64	57.8148 GBP
0.25 ordinary shares	CFD	reducing a short position	6	57.8250 GBP
0.25 ordinary shares	CFD	reducing a long position	2	57.8267 GBP
0.25 ordinary shares	CFD	increasing a long position	198	57.8449 GBP
0.25 ordinary shares	CFD	reducing a short position	8	57.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,969	57.8571 GBP
0.25 ordinary shares	CFD	increasing a short position	79	57.8806 GBP
0.25 ordinary shares	CFD	reducing a short position	5	57.8860 GBP
0.25 ordinary shares	CFD	reducing a short position	3,191	57.8893 GBP
0.25 ordinary shares	CFD	increasing a long position	30	57.8936 GBP
0.25 ordinary shares	CFD	increasing a long position	296	57.8936 GBP
0.25 ordinary shares	CFD	increasing a long position	17	57.8936 GBP
0.25 ordinary shares	CFD	increasing a long position	50	57.8938 GBP
0.25 ordinary shares	CFD	increasing a short position	3,008	57.8971 GBP
0.25 ordinary shares	CFD	reducing a short position	765	57.8972 GBP
0.25 ordinary shares	CFD	reducing a short position	13	57.9000 GBP
0.25 ordinary shares	CFD	increasing a long position	8	57.9175 GBP
0.25 ordinary shares	CFD	reducing a long position	3,482	57.9413 GBP
0.25 ordinary shares	CFD	reducing a short position	5	57.9498 GBP
0.25 ordinary shares	CFD	increasing a long position	426	57.9498 GBP
0.25 ordinary shares	CFD	reducing a short position	1	57.9500 GBP
0.25 ordinary shares	CFD	reducing a long position	42	57.9517 GBP
0.25 ordinary shares	CFD	increasing a short position	105	57.9610 GBP
0.25 ordinary shares	CFD	reducing a short position	117	57.9707 GBP
0.25 ordinary shares	CFD	increasing a long position	5	57.9750 GBP
0.25 ordinary shares	CFD	reducing a long position	508	57.9772 GBP
0.25 ordinary shares	CFD	reducing a short position	45	57.9822 GBP
0.25 ordinary shares	CFD	reducing a short position	72	57.9832 GBP
0.25 ordinary shares	CFD	reducing a short position	200	57.9854 GBP
0.25 ordinary shares	CFD	reducing a long position	37	57.9911 GBP
0.25 ordinary shares	CFD	increasing a long position	15	57.9913 GBP
0.25 ordinary shares	CFD	reducing a long position	101	57.9918 GBP
0.25 ordinary shares	CFD	increasing a short position	45	57.9929 GBP
0.25 ordinary shares	CFD	reducing a short position	84	57.9929 GBP
0.25 ordinary shares	CFD	reducing a short position	32	57.9929 GBP
0.25 ordinary shares	CFD	reducing a short position	93	57.9929 GBP
0.25 ordinary shares	CFD	increasing a long position	16	57.9938 GBP
0.25 ordinary shares	CFD	reducing a short position	1,693	57.9951 GBP
0.25 ordinary shares	CFD	reducing a long position	97	57.9956 GBP
0.25 ordinary shares	CFD	reducing a short position	180	57.9962 GBP
0.25 ordinary shares	CFD	reducing a short position	468	57.9965 GBP
0.25 ordinary shares	CFD	increasing a short position	43	57.9975 GBP
0.25 ordinary shares	CFD	increasing a short position	122	57.9975 GBP
0.25 ordinary shares	CFD	increasing a short position	110	57.9975 GBP
0.25 ordinary shares	CFD	increasing a short position	30	58.0000 GBP
0.25 ordinary shares	CFD	increasing a long position	480	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	7,501	58.0000 GBP
0.25 ordinary shares	CFD	increasing a long position	1,880	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	51	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	399	58.0000 GBP
0.25 ordinary shares	CFD	increasing a short position	1,860	58.0000 GBP
0.25 ordinary shares	CFD	increasing a long position	1	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	274	58.0000 GBP
0.25 ordinary shares	CFD	increasing a short position	1,638	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	24	58.0000 GBP
0.25 ordinary shares	CFD	increasing a short position	1,576	58.0000 GBP
0.25 ordinary shares	CFD	reducing a short position	70	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	175	58.0000 GBP
0.25 ordinary shares	CFD	increasing a long position	7,501	58.0000 GBP
0.25 ordinary shares	CFD	reducing a short position	60	58.0000 GBP
0.25 ordinary shares	CFD	reducing a short position	46	58.0000 GBP
0.25 ordinary shares	CFD	increasing a short position	282	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	33	58.0000 GBP
0.25 ordinary shares	CFD	increasing a long position	51	58.0000 GBP
0.25 ordinary shares	CFD	reducing a long position	14	58.0007 GBP
0.25 ordinary shares	CFD	reducing a long position	367	58.0009 GBP
0.25 ordinary shares	CFD	reducing a long position	31	58.0013 GBP
0.25 ordinary shares	CFD	reducing a long position	20	58.0075 GBP
0.25 ordinary shares	CFD	reducing a long position	26	58.0085 GBP
0.25 ordinary shares	CFD	reducing a long position	15	58.0500 GBP
0.25 ordinary shares	CFD	reducing a short position	11	58.0709 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:	14 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