Replacement of Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

22 September 2026

 

AMENDMENT(2(a), 2(b))

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 Energy 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:	18 September 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	203,067	64.3500 GBP	63.6882 GBP
0.25 ordinary shares	SALES	215,187	64.3500 GBP	63.6481 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	303	63.6481 GBP
0.25 ordinary shares	CFD	increasing a short position	179	63.6882 GBP
0.25 ordinary shares	CFD	increasing a short position	1,133	63.8060 GBP
0.25 ordinary shares	CFD	increasing a short position	1,733	63.8498 GBP
0.25 ordinary shares	CFD	increasing a long position	129	63.8738 GBP
0.25 ordinary shares	CFD	reducing a short position	50	63.8942 GBP
0.25 ordinary shares	CFD	reducing a short position	151	63.9579 GBP
0.25 ordinary shares	CFD	reducing a short position	6,232	63.9824 GBP
0.25 ordinary shares	CFD	increasing a short position	55	64.0809 GBP
0.25 ordinary shares	CFD	reducing a short position	3,723	64.1694 GBP
0.25 ordinary shares	CFD	reducing a long position	233	64.1708 GBP
0.25 ordinary shares	CFD	increasing a long position	9,084	64.2018 GBP
0.25 ordinary shares	CFD	increasing a short position	1,368	64.2019 GBP
0.25 ordinary shares	CFD	increasing a long position	3,060	64.2072 GBP
0.25 ordinary shares	CFD	increasing a short position	5,491	64.2096 GBP
0.25 ordinary shares	CFD	increasing a short position	471	64.2182 GBP
0.25 ordinary shares	CFD	increasing a short position	320	64.2377 GBP
0.25 ordinary shares	CFD	reducing a short position	521	64.2404 GBP
0.25 ordinary shares	CFD	reducing a short position	105	64.2404 GBP
0.25 ordinary shares	CFD	reducing a long position	731	64.2425 GBP
0.25 ordinary shares	CFD	reducing a short position	5	64.2480 GBP
0.25 ordinary shares	CFD	increasing a long position	82	64.2499 GBP
0.25 ordinary shares	CFD	increasing a short position	2,743	64.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	3,153	64.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	421	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	677	64.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	1	64.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	1	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	7	64.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	25	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	3,402	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	331	64.2500 GBP
0.25 ordinary shares	CFD	reducing a long position	320	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	62	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	484	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	16	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	2,743	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	950	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	7,032	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	249	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	121	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	245	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	9	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	51	64.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	858	64.2500 GBP
0.25 ordinary shares	CFD	increasing a long position	326	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	259	64.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	87	64.2524 GBP
0.25 ordinary shares	CFD	reducing a short position	363	64.2524 GBP
0.25 ordinary shares	CFD	reducing a short position	201	64.2524 GBP
0.25 ordinary shares	CFD	increasing a short position	208	64.2538 GBP
0.25 ordinary shares	CFD	increasing a short position	2,389	64.2539 GBP
0.25 ordinary shares	CFD	reducing a short position	4,263	64.2540 GBP
0.25 ordinary shares	CFD	reducing a short position	8,577	64.2642 GBP
0.25 ordinary shares	CFD	increasing a long position	20,000	64.2871 GBP
0.25 ordinary shares	CFD	reducing a short position	1,075	64.2891 GBP
0.25 ordinary shares	CFD	reducing a short position	93	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	70	64.3000 GBP
0.25 ordinary shares	CFD	reducing a long position	37	64.3014 GBP
0.25 ordinary shares	CFD	increasing a short position	448	64.3037 GBP
0.25 ordinary shares	CFD	increasing a short position	208	64.3216 GBP
0.25 ordinary shares	CFD	increasing a short position	50	64.3216 GBP
0.25 ordinary shares	CFD	increasing a short position	115	64.3216 GBP
0.25 ordinary shares	CFD	increasing a short position	440	64.3253 GBP
0.25 ordinary shares	CFD	increasing a short position	47	64.3289 GBP
0.25 ordinary shares	CFD	reducing a short position	37	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	45	64.3500 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 September 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