Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

28 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:	27 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	48,424	61.4000 GBP	60.6451 GBP
0.25 ordinary shares	SALES	40,593	61.4000 GBP	60.6375 GBP
0.25 ordinary shares	SALES	57	81.4378 USD	81.4378 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	increasing a long position	12	60.6375 GBP
0.25 ordinary shares	CFD	increasing a long position	24	60.6379 GBP
0.25 ordinary shares	CFD	reducing a short position	1,255	60.6379 GBP
0.25 ordinary shares	CFD	reducing a short position	5	60.6460 GBP
0.25 ordinary shares	CFD	reducing a short position	57	60.6499 GBP
0.25 ordinary shares	CFD	increasing a long position	3	60.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	396	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	405	60.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	69	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	9	60.6500 GBP
0.25 ordinary shares	CFD	increasing a long position	8,109	60.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,071	60.6500 GBP
0.25 ordinary shares	CFD	increasing a long position	1	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	60	60.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	235	60.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	8,109	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	19	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	17	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	13	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	71	60.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	823	60.6536 GBP
0.25 ordinary shares	CFD	reducing a long position	187	60.6591 GBP
0.25 ordinary shares	CFD	increasing a long position	666	60.6778 GBP
0.25 ordinary shares	CFD	increasing a long position	1,102	60.6778 GBP
0.25 ordinary shares	CFD	increasing a long position	264	60.6778 GBP
0.25 ordinary shares	CFD	increasing a short position	1,337	60.6795 GBP
0.25 ordinary shares	CFD	reducing a long position	509	60.7011 GBP
0.25 ordinary shares	CFD	reducing a short position	2,452	60.7118 GBP
0.25 ordinary shares	CFD	increasing a long position	336	60.7185 GBP
0.25 ordinary shares	CFD	increasing a short position	58	60.7417 GBP
0.25 ordinary shares	CFD	reducing a short position	12	60.7506 GBP
0.25 ordinary shares	CFD	reducing a long position	66	60.7705 GBP
0.25 ordinary shares	CFD	increasing a short position	136	60.7820 GBP
0.25 ordinary shares	CFD	reducing a long position	1,317	60.7893 GBP
0.25 ordinary shares	CFD	reducing a short position	1,443	60.8000 GBP
0.25 ordinary shares	CFD	increasing a short position	108	60.8022 GBP
0.25 ordinary shares	CFD	reducing a short position	1,492	60.8461 GBP
0.25 ordinary shares	CFD	reducing a short position	1	60.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	37	60.8503 GBP
0.25 ordinary shares	CFD	reducing a short position	55	60.8594 GBP
0.25 ordinary shares	CFD	reducing a long position	1,267	60.8610 GBP
0.25 ordinary shares	CFD	increasing a short position	3,101	60.8773 GBP
0.25 ordinary shares	CFD	reducing a long position	57	60.8834 GBP
0.25 ordinary shares	CFD	reducing a short position	214	60.9000 GBP
0.25 ordinary shares	CFD	increasing a long position	220	60.9057 GBP
0.25 ordinary shares	CFD	increasing a short position	1,969	61.0767 GBP
0.25 ordinary shares	CFD	reducing a short position	14	61.0964 GBP
0.25 ordinary shares	CFD	reducing a short position	50	61.1404 GBP
0.25 ordinary shares	CFD	reducing a short position	12	61.1467 GBP
0.25 ordinary shares	CFD	increasing a short position	100	61.1543 GBP
0.25 ordinary shares	CFD	reducing a short position	4	61.1725 GBP
0.25 ordinary shares	CFD	reducing a short position	41	61.1838 GBP
0.25 ordinary shares	CFD	increasing a short position	7,400	61.1839 GBP
0.25 ordinary shares	CFD	reducing a short position	2,259	61.1902 GBP
0.25 ordinary shares	CFD	increasing a short position	241	61.1934 GBP
0.25 ordinary shares	CFD	reducing a short position	47	61.1936 GBP
0.25 ordinary shares	CFD	increasing a short position	76	61.1947 GBP
0.25 ordinary shares	CFD	reducing a short position	18	61.1961 GBP
0.25 ordinary shares	CFD	increasing a long position	1,096	61.2000 GBP
0.25 ordinary shares	CFD	reducing a long position	31	61.2127 GBP
0.25 ordinary shares	CFD	reducing a long position	13	61.2127 GBP
0.25 ordinary shares	CFD	reducing a long position	52	61.2127 GBP
0.25 ordinary shares	CFD	reducing a short position	23	61.2371 GBP
0.25 ordinary shares	CFD	increasing a long position	383	61.2430 GBP
0.25 ordinary shares	CFD	reducing a short position	23	61.2502 GBP
0.25 ordinary shares	CFD	increasing a short position	431	61.2576 GBP
0.25 ordinary shares	CFD	reducing a short position	27	61.2704 GBP
0.25 ordinary shares	CFD	reducing a short position	22	61.2874 GBP
0.25 ordinary shares	CFD	reducing a short position	9	61.2963 GBP
0.25 ordinary shares	CFD	reducing a short position	224	61.2978 GBP
0.25 ordinary shares	CFD	reducing a short position	2	61.3506 GBP
0.25 ordinary shares	CFD	reducing a short position	22	61.3533 GBP
0.25 ordinary shares	CFD	reducing a short position	57	61.3614 GBP
0.25 ordinary shares	CFD	reducing a short position	7	61.3643 GBP
0.25 ordinary shares	CFD	reducing a short position	19	61.3716 GBP
0.25 ordinary shares	CFD	reducing a short position	17	61.3824 GBP
0.25 ordinary shares	CFD	reducing a short position	10	61.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	2	61.4000 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:	28 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