Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

21 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:	20 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	112,281	61.6000 GBP	61.0000 GBP
0.25 ordinary shares	SALES	115,840	61.5351 GBP	61.0025 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	1,746	61.1225 GBP
0.25 ordinary shares	CFD	reducing a short position	3,304	61.1225 GBP
0.25 ordinary shares	CFD	reducing a short position	3,153	61.1225 GBP
0.25 ordinary shares	CFD	increasing a long position	4	61.1250 GBP
0.25 ordinary shares	CFD	increasing a short position	904	61.1393 GBP
0.25 ordinary shares	CFD	increasing a long position	414	61.1678 GBP
0.25 ordinary shares	CFD	increasing a long position	38	61.1750 GBP
0.25 ordinary shares	CFD	increasing a long position	41	61.1750 GBP
0.25 ordinary shares	CFD	reducing a short position	1,169	61.2000 GBP
0.25 ordinary shares	CFD	increasing a long position	159	61.2013 GBP
0.25 ordinary shares	CFD	reducing a short position	213	61.2013 GBP
0.25 ordinary shares	CFD	reducing a short position	71	61.2021 GBP
0.25 ordinary shares	CFD	increasing a short position	960	61.2038 GBP
0.25 ordinary shares	CFD	reducing a short position	159	61.2074 GBP
0.25 ordinary shares	CFD	increasing a long position	35	61.2109 GBP
0.25 ordinary shares	CFD	increasing a long position	676	61.2110 GBP
0.25 ordinary shares	CFD	increasing a long position	557	61.2110 GBP
0.25 ordinary shares	CFD	increasing a long position	115	61.2110 GBP
0.25 ordinary shares	CFD	increasing a long position	93	61.2110 GBP
0.25 ordinary shares	CFD	reducing a short position	1,013	61.2116 GBP
0.25 ordinary shares	CFD	increasing a short position	3	61.2167 GBP
0.25 ordinary shares	CFD	reducing a long position	142	61.2236 GBP
0.25 ordinary shares	CFD	reducing a long position	100	61.2255 GBP
0.25 ordinary shares	CFD	reducing a long position	4,886	61.2274 GBP
0.25 ordinary shares	CFD	reducing a long position	2,671	61.2372 GBP
0.25 ordinary shares	CFD	increasing a long position	3,972	61.2408 GBP
0.25 ordinary shares	CFD	increasing a long position	702	61.2408 GBP
0.25 ordinary shares	CFD	increasing a long position	2,950	61.2408 GBP
0.25 ordinary shares	CFD	increasing a short position	2,982	61.2415 GBP
0.25 ordinary shares	CFD	reducing a short position	3,963	61.2459 GBP
0.25 ordinary shares	CFD	reducing a short position	9	61.2459 GBP
0.25 ordinary shares	CFD	reducing a short position	45	61.2462 GBP
0.25 ordinary shares	CFD	increasing a long position	2,500	61.2477 GBP
0.25 ordinary shares	CFD	increasing a short position	1,458	61.2499 GBP
0.25 ordinary shares	CFD	increasing a long position	64	61.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	1,199	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	987	61.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	415	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	70	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	5	61.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	1,426	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	1	61.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	6	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	1,199	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	4	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	500	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	2,956	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	1	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	52	61.2502 GBP
0.25 ordinary shares	CFD	increasing a short position	427	61.2564 GBP
0.25 ordinary shares	CFD	reducing a short position	46	61.2572 GBP
0.25 ordinary shares	CFD	increasing a short position	5,060	61.2591 GBP
0.25 ordinary shares	CFD	increasing a short position	2,840	61.2615 GBP
0.25 ordinary shares	CFD	reducing a long position	116	61.2616 GBP
0.25 ordinary shares	CFD	increasing a long position	35	61.2620 GBP
0.25 ordinary shares	CFD	increasing a long position	621	61.2621 GBP
0.25 ordinary shares	CFD	increasing a long position	116	61.2621 GBP
0.25 ordinary shares	CFD	increasing a long position	294	61.2621 GBP
0.25 ordinary shares	CFD	increasing a short position	35	61.2629 GBP
0.25 ordinary shares	CFD	reducing a short position	9,259	61.2683 GBP
0.25 ordinary shares	CFD	reducing a long position	329	61.2687 GBP
0.25 ordinary shares	CFD	reducing a short position	512	61.2688 GBP
0.25 ordinary shares	CFD	increasing a long position	710	61.2755 GBP
0.25 ordinary shares	CFD	reducing a long position	529	61.2793 GBP
0.25 ordinary shares	CFD	increasing a long position	625	61.2798 GBP
0.25 ordinary shares	CFD	increasing a short position	19	61.2803 GBP
0.25 ordinary shares	CFD	reducing a short position	67	61.2819 GBP
0.25 ordinary shares	CFD	reducing a short position	5,060	61.2836 GBP
0.25 ordinary shares	CFD	increasing a long position	1,243	61.2836 GBP
0.25 ordinary shares	CFD	reducing a long position	224	61.2858 GBP
0.25 ordinary shares	CFD	increasing a short position	2,029	61.2904 GBP
0.25 ordinary shares	CFD	increasing a long position	94	61.2926 GBP
0.25 ordinary shares	CFD	reducing a short position	197	61.3005 GBP
0.25 ordinary shares	CFD	increasing a short position	30	61.3723 GBP
0.25 ordinary shares	CFD	reducing a long position	1,300	61.3846 GBP
0.25 ordinary shares	CFD	reducing a short position	6	61.4500 GBP
0.25 ordinary shares	CFD	reducing a long position	21	61.4500 GBP
0.25 ordinary shares	CFD	reducing a short position	427	61.4502 GBP
0.25 ordinary shares	CFD	increasing a long position	38	61.4502 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:	21 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