Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

27 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:	26 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	80,257	62.3000 GBP	60.8000 GBP
0.25 ordinary shares	PURCHASES	5,773	82.2742 USD	82.2742 USD
0.25 ordinary shares	SALES	69,696	62.0382 GBP	60.8000 GBP
0.25 ordinary shares	SALES	16	82.1642 USD	82.1642 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	10,000	60.9076 GBP
0.25 ordinary shares	CFD	increasing a short position	105	61.0005 GBP
0.25 ordinary shares	CFD	reducing a short position	3,210	61.0654 GBP
0.25 ordinary shares	CFD	increasing a short position	904	61.0679 GBP
0.25 ordinary shares	CFD	reducing a long position	237	61.0679 GBP
0.25 ordinary shares	CFD	increasing a short position	458	61.1044 GBP
0.25 ordinary shares	CFD	reducing a long position	372	61.1044 GBP
0.25 ordinary shares	CFD	increasing a long position	399	61.1332 GBP
0.25 ordinary shares	CFD	reducing a short position	8	61.1406 GBP
0.25 ordinary shares	CFD	reducing a short position	1,382	61.1406 GBP
0.25 ordinary shares	CFD	reducing a long position	149	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	42	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	3	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	484	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	17	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	42	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	59	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	16	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	271	61.1442 GBP
0.25 ordinary shares	CFD	reducing a long position	3,050	61.1448 GBP
0.25 ordinary shares	CFD	reducing a short position	36	61.1464 GBP
0.25 ordinary shares	CFD	reducing a short position	325	61.1479 GBP
0.25 ordinary shares	CFD	increasing a short position	4,615	61.1494 GBP
0.25 ordinary shares	CFD	increasing a short position	6	61.1500 GBP
0.25 ordinary shares	CFD	increasing a long position	1	61.1500 GBP
0.25 ordinary shares	CFD	reducing a long position	4,002	61.1500 GBP
0.25 ordinary shares	CFD	increasing a short position	9	61.1500 GBP
0.25 ordinary shares	CFD	reducing a long position	663	61.1500 GBP
0.25 ordinary shares	CFD	increasing a short position	102	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	245	61.1500 GBP
0.25 ordinary shares	CFD	increasing a long position	4,002	61.1500 GBP
0.25 ordinary shares	CFD	reducing a short position	458	61.1500 GBP
0.25 ordinary shares	CFD	reducing a long position	367	61.1500 GBP
0.25 ordinary shares	CFD	increasing a short position	702	61.1500 GBP
0.25 ordinary shares	CFD	increasing a short position	63	61.1501 GBP
0.25 ordinary shares	CFD	reducing a short position	16	61.1505 GBP
0.25 ordinary shares	CFD	increasing a long position	159	61.1643 GBP
0.25 ordinary shares	CFD	increasing a long position	262	61.1643 GBP
0.25 ordinary shares	CFD	increasing a long position	63	61.1643 GBP
0.25 ordinary shares	CFD	reducing a long position	7	61.1657 GBP
0.25 ordinary shares	CFD	reducing a long position	348	61.1680 GBP
0.25 ordinary shares	CFD	reducing a short position	125	61.1730 GBP
0.25 ordinary shares	CFD	increasing a short position	448	61.1731 GBP
0.25 ordinary shares	CFD	increasing a short position	4,475	61.1734 GBP
0.25 ordinary shares	CFD	reducing a short position	4,249	61.1734 GBP
0.25 ordinary shares	CFD	reducing a long position	58	61.1802 GBP
0.25 ordinary shares	CFD	increasing a short position	1,456	61.1819 GBP
0.25 ordinary shares	CFD	reducing a long position	810	61.1844 GBP
0.25 ordinary shares	CFD	reducing a long position	125	61.1941 GBP
0.25 ordinary shares	CFD	reducing a long position	210	61.1963 GBP
0.25 ordinary shares	CFD	increasing a long position	1	61.2000 GBP
0.25 ordinary shares	CFD	reducing a short position	2	61.2000 GBP
0.25 ordinary shares	CFD	reducing a long position	33	61.2019 GBP
0.25 ordinary shares	CFD	reducing a long position	82	61.2019 GBP
0.25 ordinary shares	CFD	reducing a long position	136	61.2019 GBP
0.25 ordinary shares	CFD	reducing a long position	5,773	61.2146 GBP
0.25 ordinary shares	CFD	increasing a long position	1,726	61.2220 GBP
0.25 ordinary shares	CFD	reducing a long position	165	61.2329 GBP
0.25 ordinary shares	CFD	increasing a short position	111	61.2360 GBP
0.25 ordinary shares	CFD	reducing a short position	13	61.2385 GBP
0.25 ordinary shares	CFD	reducing a long position	100	61.2543 GBP
0.25 ordinary shares	CFD	increasing a short position	85	61.2701 GBP
0.25 ordinary shares	CFD	reducing a long position	904	61.2761 GBP
0.25 ordinary shares	CFD	reducing a short position	746	61.2783 GBP
0.25 ordinary shares	CFD	increasing a short position	49	61.2799 GBP
0.25 ordinary shares	CFD	reducing a short position	24	61.2813 GBP
0.25 ordinary shares	CFD	reducing a short position	40	61.2824 GBP
0.25 ordinary shares	CFD	increasing a long position	430	61.2824 GBP
0.25 ordinary shares	CFD	increasing a short position	15,000	61.2831 GBP
0.25 ordinary shares	CFD	reducing a short position	65	61.2969 GBP
0.25 ordinary shares	CFD	reducing a long position	620	61.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	16	61.4000 GBP
0.25 ordinary shares	CFD	reducing a long position	22	61.4500 GBP
0.25 ordinary shares	CFD	reducing a short position	9,163	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:	27 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