Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

22 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:	21 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	350,293	61.6000 GBP	61.0000 GBP
0.25 ordinary shares	PURCHASES	3,648	82.1600 USD	82.1600 USD
0.25 ordinary shares	SALES	58,978	61.6000 GBP	61.0000 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 long position	253,681	61.0000 GBP
0.25 ordinary shares	CFD	increasing a short position	894	61.0404 GBP
0.25 ordinary shares	CFD	increasing a short position	38	61.0610 GBP
0.25 ordinary shares	CFD	increasing a short position	77	61.0610 GBP
0.25 ordinary shares	CFD	increasing a long position	9	61.1376 GBP
0.25 ordinary shares	CFD	increasing a long position	275	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	749	61.1851 GBP
0.25 ordinary shares	CFD	reducing a long position	89	61.2253 GBP
0.25 ordinary shares	CFD	increasing a long position	129	61.2378 GBP
0.25 ordinary shares	CFD	reducing a short position	53	61.2387 GBP
0.25 ordinary shares	CFD	increasing a long position	3,366	61.2408 GBP
0.25 ordinary shares	CFD	increasing a long position	512	61.2408 GBP
0.25 ordinary shares	CFD	reducing a short position	98	61.2408 GBP
0.25 ordinary shares	CFD	increasing a long position	2,573	61.2408 GBP
0.25 ordinary shares	CFD	reducing a short position	29	61.2448 GBP
0.25 ordinary shares	CFD	reducing a short position	2	61.2451 GBP
0.25 ordinary shares	CFD	reducing a short position	487	61.2451 GBP
0.25 ordinary shares	CFD	reducing a short position	54	61.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	232	61.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	10,630	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	115	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	31	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	1	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	10,630	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	329	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	710	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	112	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	1,487	61.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	70	61.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	286	61.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	5	61.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	415	61.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	95	61.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	35	61.2517 GBP
0.25 ordinary shares	CFD	increasing a long position	145	61.2517 GBP
0.25 ordinary shares	CFD	increasing a long position	86	61.2517 GBP
0.25 ordinary shares	CFD	increasing a long position	710	61.2529 GBP
0.25 ordinary shares	CFD	reducing a long position	2,675	61.2619 GBP
0.25 ordinary shares	CFD	reducing a short position	868	61.2694 GBP
0.25 ordinary shares	CFD	reducing a short position	7,457	61.2714 GBP
0.25 ordinary shares	CFD	increasing a short position	4,448	61.2728 GBP
0.25 ordinary shares	CFD	increasing a short position	5,543	61.2743 GBP
0.25 ordinary shares	CFD	reducing a short position	1,665	61.2820 GBP
0.25 ordinary shares	CFD	reducing a short position	99	61.2837 GBP
0.25 ordinary shares	CFD	reducing a long position	81	61.2862 GBP
0.25 ordinary shares	CFD	reducing a long position	48	61.2863 GBP
0.25 ordinary shares	CFD	reducing a long position	19	61.2863 GBP
0.25 ordinary shares	CFD	reducing a short position	265	61.2882 GBP
0.25 ordinary shares	CFD	reducing a long position	474	61.2890 GBP
0.25 ordinary shares	CFD	reducing a long position	3,648	61.2905 GBP
0.25 ordinary shares	CFD	reducing a long position	45	61.2955 GBP
0.25 ordinary shares	CFD	reducing a long position	2,900	61.2992 GBP
0.25 ordinary shares	CFD	reducing a long position	580	61.2995 GBP
0.25 ordinary shares	CFD	reducing a long position	261	61.3043 GBP
0.25 ordinary shares	CFD	increasing a long position	3,696	61.3091 GBP
0.25 ordinary shares	CFD	increasing a short position	3,464	61.3171 GBP
0.25 ordinary shares	CFD	reducing a long position	1,243	61.3171 GBP
0.25 ordinary shares	CFD	increasing a long position	1,097	61.3332 GBP
0.25 ordinary shares	CFD	reducing a short position	125	61.3417 GBP
0.25 ordinary shares	CFD	increasing a short position	1,875	61.3468 GBP
0.25 ordinary shares	CFD	reducing a short position	2,592	61.3492 GBP
0.25 ordinary shares	CFD	increasing a long position	13	61.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	189	61.3636 GBP
0.25 ordinary shares	CFD	reducing a long position	30	61.3683 GBP
0.25 ordinary shares	CFD	reducing a long position	15	61.3733 GBP
0.25 ordinary shares	CFD	increasing a long position	54	61.3898 GBP
0.25 ordinary shares	CFD	increasing a long position	64	61.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	1,680	61.4104 GBP
0.25 ordinary shares	CFD	reducing a long position	288	61.4205 GBP
0.25 ordinary shares	CFD	increasing a long position	219	61.4548 GBP
0.25 ordinary shares	CFD	increasing a short position	44	61.5500 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:	22 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