Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

20 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:	19 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	158,846	63.1000 GBP	58.2250 GBP
0.25 ordinary shares	PURCHASES	3,539	81.1167 USD	81.1167 USD
0.25 ordinary shares	SALES	120,197	62.2500 GBP	57.9500 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	3,000	58.9366 GBP
0.25 ordinary shares	CFD	increasing a long position	13	59.2000 GBP
0.25 ordinary shares	CFD	reducing a long position	6	59.2018 GBP
0.25 ordinary shares	CFD	reducing a short position	23	59.4422 GBP
0.25 ordinary shares	CFD	reducing a short position	233	59.4611 GBP
0.25 ordinary shares	CFD	reducing a short position	285	59.6187 GBP
0.25 ordinary shares	CFD	increasing a short position	1,848	59.6533 GBP
0.25 ordinary shares	CFD	increasing a short position	32	59.6719 GBP
0.25 ordinary shares	CFD	reducing a short position	421	59.7453 GBP
0.25 ordinary shares	CFD	reducing a short position	127	59.7498 GBP
0.25 ordinary shares	CFD	reducing a short position	1	59.7500 GBP
0.25 ordinary shares	CFD	increasing a long position	1,304	59.8058 GBP
0.25 ordinary shares	CFD	increasing a short position	1,767	59.8148 GBP
0.25 ordinary shares	CFD	reducing a short position	12	59.8342 GBP
0.25 ordinary shares	CFD	reducing a short position	13	59.8369 GBP
0.25 ordinary shares	CFD	increasing a short position	632	59.8392 GBP
0.25 ordinary shares	CFD	reducing a short position	25	59.8398 GBP
0.25 ordinary shares	CFD	reducing a short position	65	59.8606 GBP
0.25 ordinary shares	CFD	increasing a short position	22	59.8636 GBP
0.25 ordinary shares	CFD	increasing a short position	399	59.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	2	59.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	12	59.9000 GBP
0.25 ordinary shares	CFD	reducing a long position	539	59.9094 GBP
0.25 ordinary shares	CFD	increasing a short position	11	59.9227 GBP
0.25 ordinary shares	CFD	increasing a short position	194	59.9259 GBP
0.25 ordinary shares	CFD	reducing a short position	24	59.9333 GBP
0.25 ordinary shares	CFD	reducing a short position	933	59.9807 GBP
0.25 ordinary shares	CFD	increasing a short position	12,599	60.0439 GBP
0.25 ordinary shares	CFD	reducing a short position	97	60.1085 GBP
0.25 ordinary shares	CFD	reducing a short position	622	60.1159 GBP
0.25 ordinary shares	CFD	increasing a long position	835	60.2179 GBP
0.25 ordinary shares	CFD	reducing a short position	304	60.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	19	60.3109 GBP
0.25 ordinary shares	CFD	increasing a long position	683	60.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	240	60.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	21	60.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	16	60.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	69	60.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	82	60.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	32	60.3117 GBP
0.25 ordinary shares	CFD	increasing a short position	20,000	60.3503 GBP
0.25 ordinary shares	CFD	reducing a long position	76	60.4000 GBP
0.25 ordinary shares	CFD	reducing a long position	51	60.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	1,698	60.4279 GBP
0.25 ordinary shares	CFD	reducing a long position	34	60.4500 GBP
0.25 ordinary shares	CFD	increasing a long position	237	60.4704 GBP
0.25 ordinary shares	CFD	reducing a short position	345	60.5164 GBP
0.25 ordinary shares	CFD	increasing a long position	64	60.5223 GBP
0.25 ordinary shares	CFD	reducing a short position	1,524	60.5255 GBP
0.25 ordinary shares	CFD	reducing a short position	2,311	60.5255 GBP
0.25 ordinary shares	CFD	reducing a long position	3,539	60.5611 GBP
0.25 ordinary shares	CFD	increasing a short position	2	60.6750 GBP
0.25 ordinary shares	CFD	increasing a long position	1,314	60.6905 GBP
0.25 ordinary shares	CFD	reducing a short position	100	60.7033 GBP
0.25 ordinary shares	CFD	reducing a short position	85	60.7168 GBP
0.25 ordinary shares	CFD	increasing a short position	245	60.7651 GBP
0.25 ordinary shares	CFD	increasing a long position	147	60.7683 GBP
0.25 ordinary shares	CFD	increasing a long position	334	60.7683 GBP
0.25 ordinary shares	CFD	increasing a long position	59	60.7683 GBP
0.25 ordinary shares	CFD	reducing a long position	336	60.7968 GBP
0.25 ordinary shares	CFD	increasing a short position	10	60.8000 GBP
0.25 ordinary shares	CFD	reducing a long position	4,710	60.8014 GBP
0.25 ordinary shares	CFD	increasing a short position	1,698	60.8106 GBP
0.25 ordinary shares	CFD	reducing a short position	3,025	60.8214 GBP
0.25 ordinary shares	CFD	reducing a long position	2,299	60.8243 GBP
0.25 ordinary shares	CFD	reducing a short position	6,453	60.9110 GBP
0.25 ordinary shares	CFD	reducing a short position	82	60.9402 GBP
0.25 ordinary shares	CFD	increasing a long position	16	60.9831 GBP
0.25 ordinary shares	CFD	reducing a long position	247	60.9984 GBP
0.25 ordinary shares	CFD	reducing a long position	72	61.0380 GBP
0.25 ordinary shares	CFD	reducing a long position	666	61.0451 GBP
0.25 ordinary shares	CFD	increasing a short position	74	61.0610 GBP
0.25 ordinary shares	CFD	increasing a short position	384	61.0610 GBP
0.25 ordinary shares	CFD	increasing a short position	2,240	61.0610 GBP
0.25 ordinary shares	CFD	increasing a short position	222	61.0610 GBP
0.25 ordinary shares	CFD	increasing a short position	1,096	61.0610 GBP
0.25 ordinary shares	CFD	increasing a short position	266	61.0610 GBP
0.25 ordinary shares	CFD	reducing a long position	53	61.1087 GBP
0.25 ordinary shares	CFD	reducing a long position	132	61.1087 GBP
0.25 ordinary shares	CFD	reducing a long position	183	61.1087 GBP
0.25 ordinary shares	CFD	reducing a long position	1,867	61.1288 GBP
0.25 ordinary shares	CFD	increasing a long position	2,246	61.1298 GBP
0.25 ordinary shares	CFD	increasing a long position	17	61.1406 GBP
0.25 ordinary shares	CFD	increasing a long position	12	61.1408 GBP
0.25 ordinary shares	CFD	reducing a short position	1,661	61.1463 GBP
0.25 ordinary shares	CFD	increasing a long position	8	61.1487 GBP
0.25 ordinary shares	CFD	increasing a short position	8	61.1500 GBP
0.25 ordinary shares	CFD	reducing a long position	5,316	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	332	61.1500 GBP
0.25 ordinary shares	CFD	increasing a long position	5,316	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	3,569	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	67	61.1500 GBP
0.25 ordinary shares	CFD	increasing a long position	99	61.1500 GBP
0.25 ordinary shares	CFD	reducing a long position	123	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	218	61.1500 GBP
0.25 ordinary shares	CFD	increasing a long position	1,207	61.1500 GBP
0.25 ordinary shares	CFD	increasing a short position	30	61.1503 GBP
0.25 ordinary shares	CFD	reducing a short position	757	61.1973 GBP
0.25 ordinary shares	CFD	increasing a short position	3,304	61.3181 GBP
0.25 ordinary shares	CFD	increasing a short position	3,153	61.3181 GBP
0.25 ordinary shares	CFD	increasing a short position	1,746	61.3181 GBP
0.25 ordinary shares	CFD	increasing a short position	1,405	61.9718 GBP
0.25 ordinary shares	CFD	reducing a short position	1,405	62.2325 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 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