Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

15 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:	14 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	52,465	59.5500 GBP	58.2000 GBP
0.25 ordinary shares	SALES	55,329	59.5527 GBP	58.2853 GBP
0.25 ordinary shares	SALES	371	80.2728 USD	79.0867 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	212	58.2853 GBP
0.25 ordinary shares	CFD	reducing a long position	231	58.3045 GBP
0.25 ordinary shares	CFD	reducing a short position	19	58.4996 GBP
0.25 ordinary shares	CFD	reducing a short position	1	58.5000 GBP
0.25 ordinary shares	CFD	reducing a short position	1	58.5000 GBP
0.25 ordinary shares	CFD	increasing a short position	62	58.5223 GBP
0.25 ordinary shares	CFD	reducing a short position	212	58.5377 GBP
0.25 ordinary shares	CFD	reducing a long position	2	58.5500 GBP
0.25 ordinary shares	CFD	increasing a short position	619	58.5878 GBP
0.25 ordinary shares	CFD	reducing a short position	26	58.6159 GBP
0.25 ordinary shares	CFD	reducing a short position	219	58.6159 GBP
0.25 ordinary shares	CFD	reducing a short position	21	58.6159 GBP
0.25 ordinary shares	CFD	reducing a short position	57	58.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	5	58.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	6	58.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	2,908	58.8546 GBP
0.25 ordinary shares	CFD	increasing a long position	242	58.8546 GBP
0.25 ordinary shares	CFD	reducing a short position	73	58.8853 GBP
0.25 ordinary shares	CFD	increasing a long position	40	58.8938 GBP
0.25 ordinary shares	CFD	reducing a short position	368	58.9084 GBP
0.25 ordinary shares	CFD	reducing a short position	6	58.9450 GBP
0.25 ordinary shares	CFD	increasing a short position	6	58.9500 GBP
0.25 ordinary shares	CFD	increasing a short position	9	58.9500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,977	58.9707 GBP
0.25 ordinary shares	CFD	reducing a short position	719	58.9756 GBP
0.25 ordinary shares	CFD	reducing a short position	50	59.0474 GBP
0.25 ordinary shares	CFD	reducing a short position	6	59.0500 GBP
0.25 ordinary shares	CFD	increasing a long position	83	59.0638 GBP
0.25 ordinary shares	CFD	increasing a long position	43	59.0638 GBP
0.25 ordinary shares	CFD	increasing a long position	13	59.0638 GBP
0.25 ordinary shares	CFD	increasing a long position	59	59.0639 GBP
0.25 ordinary shares	CFD	increasing a long position	89	59.0639 GBP
0.25 ordinary shares	CFD	reducing a short position	61	59.0656 GBP
0.25 ordinary shares	CFD	increasing a short position	2,675	59.0879 GBP
0.25 ordinary shares	CFD	reducing a short position	33	59.1015 GBP
0.25 ordinary shares	CFD	reducing a long position	22	59.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	58	59.1556 GBP
0.25 ordinary shares	CFD	reducing a short position	160	59.1556 GBP
0.25 ordinary shares	CFD	reducing a short position	146	59.1556 GBP
0.25 ordinary shares	CFD	increasing a short position	1,861	59.1668 GBP
0.25 ordinary shares	CFD	reducing a short position	422	59.1926 GBP
0.25 ordinary shares	CFD	increasing a short position	8,211	59.1945 GBP
0.25 ordinary shares	CFD	increasing a long position	655	59.2013 GBP
0.25 ordinary shares	CFD	reducing a short position	515	59.2266 GBP
0.25 ordinary shares	CFD	reducing a short position	325	59.3311 GBP
0.25 ordinary shares	CFD	reducing a short position	824	59.4257 GBP
0.25 ordinary shares	CFD	reducing a short position	441	59.4418 GBP
0.25 ordinary shares	CFD	reducing a short position	36	59.4650 GBP
0.25 ordinary shares	CFD	reducing a short position	4,747	59.4737 GBP
0.25 ordinary shares	CFD	reducing a long position	205	59.4905 GBP
0.25 ordinary shares	CFD	increasing a short position	273	59.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	2	59.5000 GBP
0.25 ordinary shares	CFD	reducing a long position	613	59.5080 GBP
0.25 ordinary shares	CFD	reducing a short position	81	59.5080 GBP
0.25 ordinary shares	CFD	increasing a long position	729	59.5204 GBP
0.25 ordinary shares	CFD	reducing a short position	1,450	59.5317 GBP
0.25 ordinary shares	CFD	increasing a short position	56	59.5449 GBP
0.25 ordinary shares	CFD	increasing a short position	143	59.5449 GBP
0.25 ordinary shares	CFD	increasing a short position	156	59.5449 GBP
0.25 ordinary shares	CFD	increasing a long position	4	59.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	83	59.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	142	59.5500 GBP
0.25 ordinary shares	CFD	increasing a short position	3	59.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	59.5500 GBP
0.25 ordinary shares	CFD	reducing a long position	50	59.5500 GBP
0.25 ordinary shares	CFD	reducing a long position	4,956	59.5500 GBP
0.25 ordinary shares	CFD	increasing a short position	62	59.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	20	59.5500 GBP
0.25 ordinary shares	CFD	reducing a long position	267	59.5500 GBP
0.25 ordinary shares	CFD	reducing a long position	171	59.5500 GBP
0.25 ordinary shares	CFD	reducing a long position	5	59.5500 GBP
0.25 ordinary shares	CFD	increasing a long position	4,956	59.5500 GBP
0.25 ordinary shares	CFD	reducing a short position	701	59.5500 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:	15 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