Rule 38.5_A - DCC Plc

Morgan Stanley & Co. Int'l plc

17 July 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:	16 July 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	346,107	63.8000 GBP	62.5000 GBP
0.25 ordinary shares	SALES	386,695	63.8000 GBP	62.4500 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	156	62.4500 GBP
0.25 ordinary shares	CFD	increasing a short position	1,000	62.5253 GBP
0.25 ordinary shares	CFD	reducing a short position	63	62.8000 GBP
0.25 ordinary shares	CFD	reducing a short position	47	62.8000 GBP
0.25 ordinary shares	CFD	increasing a short position	100	62.8094 GBP
0.25 ordinary shares	CFD	increasing a short position	110	62.8094 GBP
0.25 ordinary shares	CFD	increasing a short position	790	62.8094 GBP
0.25 ordinary shares	CFD	increasing a short position	2,188	62.8377 GBP
0.25 ordinary shares	CFD	reducing a short position	614	62.8466 GBP
0.25 ordinary shares	CFD	increasing a short position	584	62.8491 GBP
0.25 ordinary shares	CFD	increasing a long position	214	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	377	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	112	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	34	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,580	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	25	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	4	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,781	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	236	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	2	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	6	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	159	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	156	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	493	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	293	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	3,933	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	107	62.8501 GBP
0.25 ordinary shares	CFD	increasing a long position	35	62.8501 GBP
0.25 ordinary shares	CFD	increasing a short position	211	62.8504 GBP
0.25 ordinary shares	CFD	increasing a short position	758	62.8509 GBP
0.25 ordinary shares	CFD	increasing a short position	107	62.8537 GBP
0.25 ordinary shares	CFD	increasing a short position	817	62.8538 GBP
0.25 ordinary shares	CFD	increasing a long position	560	62.8616 GBP
0.25 ordinary shares	CFD	increasing a short position	23,517	62.8795 GBP
0.25 ordinary shares	CFD	increasing a short position	11,756	62.8806 GBP
0.25 ordinary shares	CFD	increasing a short position	3,291	62.8877 GBP
0.25 ordinary shares	CFD	increasing a short position	200	62.8909 GBP
0.25 ordinary shares	CFD	increasing a short position	1,975	62.8939 GBP
0.25 ordinary shares	CFD	increasing a long position	51	62.8940 GBP
0.25 ordinary shares	CFD	reducing a short position	417	62.8964 GBP
0.25 ordinary shares	CFD	reducing a short position	2	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	1	62.9000 GBP
0.25 ordinary shares	CFD	reducing a short position	25,000	62.9028 GBP
0.25 ordinary shares	CFD	increasing a long position	225	62.9037 GBP
0.25 ordinary shares	CFD	increasing a long position	764	62.9044 GBP
0.25 ordinary shares	CFD	reducing a long position	321	62.9066 GBP
0.25 ordinary shares	CFD	reducing a long position	656	62.9163 GBP
0.25 ordinary shares	CFD	reducing a long position	267	62.9163 GBP
0.25 ordinary shares	CFD	reducing a long position	1,118	62.9163 GBP
0.25 ordinary shares	CFD	increasing a short position	66	62.9192 GBP
0.25 ordinary shares	CFD	reducing a long position	1,402	62.9260 GBP
0.25 ordinary shares	CFD	increasing a short position	492	62.9465 GBP
0.25 ordinary shares	CFD	reducing a short position	19,500	62.9528 GBP
0.25 ordinary shares	CFD	increasing a short position	5,569	62.9693 GBP
0.25 ordinary shares	CFD	increasing a short position	4,807	62.9944 GBP
0.25 ordinary shares	CFD	increasing a long position	35	63.0465 GBP
0.25 ordinary shares	CFD	reducing a long position	128	63.0662 GBP
0.25 ordinary shares	CFD	reducing a short position	5,319	63.0679 GBP
0.25 ordinary shares	CFD	increasing a short position	7,079	63.1377 GBP
0.25 ordinary shares	CFD	increasing a short position	6,484	63.1393 GBP
0.25 ordinary shares	CFD	reducing a short position	94	63.1879 GBP
0.25 ordinary shares	CFD	reducing a short position	806	63.1918 GBP
0.25 ordinary shares	CFD	reducing a long position	2,237	63.2002 GBP
0.25 ordinary shares	CFD	increasing a short position	30	63.2008 GBP
0.25 ordinary shares	CFD	increasing a short position	105	63.2210 GBP
0.25 ordinary shares	CFD	increasing a short position	1,113	63.2390 GBP
0.25 ordinary shares	CFD	reducing a short position	145	63.2450 GBP
0.25 ordinary shares	CFD	reducing a short position	4	63.2475 GBP
0.25 ordinary shares	CFD	reducing a short position	2,000	63.2557 GBP
0.25 ordinary shares	CFD	reducing a short position	221	63.3112 GBP
0.25 ordinary shares	CFD	reducing a short position	667	63.3221 GBP
0.25 ordinary shares	CFD	reducing a short position	50,000	63.3385 GBP
0.25 ordinary shares	CFD	increasing a short position	9,615	63.3449 GBP
0.25 ordinary shares	CFD	reducing a short position	261	63.3449 GBP
0.25 ordinary shares	CFD	reducing a short position	145	63.3479 GBP
0.25 ordinary shares	CFD	reducing a short position	146	63.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	270	63.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	81	63.3500 GBP
0.25 ordinary shares	CFD	increasing a long position	40,000	63.3525 GBP
0.25 ordinary shares	CFD	increasing a short position	1,793	63.3630 GBP
0.25 ordinary shares	CFD	increasing a short position	9,615	63.3873 GBP
0.25 ordinary shares	CFD	reducing a short position	1,344	63.3906 GBP
0.25 ordinary shares	CFD	reducing a long position	1,927	63.4055 GBP
0.25 ordinary shares	CFD	increasing a long position	11	63.4066 GBP
0.25 ordinary shares	CFD	increasing a long position	210	63.4066 GBP
0.25 ordinary shares	CFD	increasing a short position	897	63.4380 GBP
0.25 ordinary shares	CFD	increasing a short position	139	63.4451 GBP
0.25 ordinary shares	CFD	reducing a long position	770	63.5000 GBP
0.25 ordinary shares	CFD	increasing a short position	221	63.5051 GBP
0.25 ordinary shares	CFD	reducing a short position	693	63.5153 GBP
0.25 ordinary shares	CFD	increasing a short position	387	63.5161 GBP
0.25 ordinary shares	CFD	increasing a short position	2,166	63.5381 GBP
0.25 ordinary shares	CFD	increasing a short position	51	63.5575 GBP
0.25 ordinary shares	CFD	increasing a long position	23	63.5612 GBP
0.25 ordinary shares	CFD	increasing a long position	8	63.5612 GBP
0.25 ordinary shares	CFD	increasing a long position	234	63.5612 GBP
0.25 ordinary shares	CFD	reducing a short position	654	63.6610 GBP
0.25 ordinary shares	CFD	increasing a short position	400	63.6635 GBP
0.25 ordinary shares	CFD	increasing a short position	4,126	63.6635 GBP
0.25 ordinary shares	CFD	increasing a short position	2,900	63.6635 GBP
0.25 ordinary shares	CFD	increasing a short position	5,700	63.6635 GBP
0.25 ordinary shares	CFD	increasing a short position	12,314	63.6635 GBP
0.25 ordinary shares	CFD	increasing a short position	1,200	63.6635 GBP
0.25 ordinary shares	CFD	reducing a short position	1,605	63.6682 GBP
0.25 ordinary shares	CFD	reducing a short position	21	63.6696 GBP
0.25 ordinary shares	CFD	reducing a short position	5,778	63.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	8,976	63.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	18,478	63.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	4	63.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	6,000	63.7045 GBP
0.25 ordinary shares	CFD	increasing a short position	4	63.7300 GBP
0.25 ordinary shares	CFD	increasing a short position	4,166	63.7382 GBP
0.25 ordinary shares	CFD	increasing a short position	11	63.7391 GBP
0.25 ordinary shares	CFD	increasing a short position	33	63.7427 GBP
0.25 ordinary shares	CFD	reducing a short position	63	63.7462 GBP
0.25 ordinary shares	CFD	reducing a short position	258	63.7488 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:	17 July 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