Rule 38.5_A -DCC Energy plc

Morgan Stanley & Co. Int'l plc

21 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 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:	20 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	157,526	63.5381 GBP	62.7000 GBP
0.25 ordinary shares	SALES	124,811	62.9017 GBP	62.6875 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	287	62.6875 GBP
0.25 ordinary shares	CFD	increasing a long position	1,042	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	24	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	307	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	6,762	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	2,739	62.7000 GBP
0.25 ordinary shares	CFD	reducing a long position	4,858	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	2,739	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	150	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	7,651	62.7000 GBP
0.25 ordinary shares	CFD	increasing a long position	2,648	62.7000 GBP
0.25 ordinary shares	CFD	increasing a long position	1,042	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	76	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	276	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	207	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	5	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	6,670	62.7000 GBP
0.25 ordinary shares	CFD	increasing a long position	700	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	12,687	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	44	62.7000 GBP
0.25 ordinary shares	CFD	increasing a long position	17	62.7000 GBP
0.25 ordinary shares	CFD	reducing a long position	71	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	2	62.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	18	62.7000 GBP
0.25 ordinary shares	CFD	increasing a long position	151	62.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	2,498	62.7038 GBP
0.25 ordinary shares	CFD	reducing a long position	3	62.7167 GBP
0.25 ordinary shares	CFD	increasing a long position	63	62.7314 GBP
0.25 ordinary shares	CFD	increasing a long position	26	62.7314 GBP
0.25 ordinary shares	CFD	increasing a short position	539	62.7324 GBP
0.25 ordinary shares	CFD	reducing a long position	130	62.7462 GBP
0.25 ordinary shares	CFD	increasing a short position	1,775	62.7467 GBP
0.25 ordinary shares	CFD	increasing a long position	1,447	62.7488 GBP
0.25 ordinary shares	CFD	reducing a short position	90	62.7500 GBP
0.25 ordinary shares	CFD	reducing a short position	47	62.7500 GBP
0.25 ordinary shares	CFD	increasing a short position	249	62.7500 GBP
0.25 ordinary shares	CFD	increasing a short position	202	62.7515 GBP
0.25 ordinary shares	CFD	reducing a long position	41	62.7625 GBP
0.25 ordinary shares	CFD	reducing a long position	17	62.7625 GBP
0.25 ordinary shares	CFD	reducing a short position	167	62.7632 GBP
0.25 ordinary shares	CFD	increasing a short position	1,822	62.7673 GBP
0.25 ordinary shares	CFD	reducing a short position	759	62.7677 GBP
0.25 ordinary shares	CFD	reducing a short position	1	62.7721 GBP
0.25 ordinary shares	CFD	increasing a short position	8,335	62.7833 GBP
0.25 ordinary shares	CFD	increasing a short position	2,610	62.7833 GBP
0.25 ordinary shares	CFD	increasing a short position	4,055	62.7833 GBP
0.25 ordinary shares	CFD	increasing a short position	3,583	62.7843 GBP
0.25 ordinary shares	CFD	increasing a short position	663	62.7843 GBP
0.25 ordinary shares	CFD	reducing a short position	1,681	62.7851 GBP
0.25 ordinary shares	CFD	increasing a short position	138	62.7861 GBP
0.25 ordinary shares	CFD	increasing a short position	43	62.8000 GBP
0.25 ordinary shares	CFD	reducing a short position	277	62.8000 GBP
0.25 ordinary shares	CFD	reducing a long position	1,232	62.8060 GBP
0.25 ordinary shares	CFD	increasing a short position	7,100	62.8094 GBP
0.25 ordinary shares	CFD	increasing a short position	78	62.8122 GBP
0.25 ordinary shares	CFD	increasing a short position	2,807	62.8181 GBP
0.25 ordinary shares	CFD	reducing a short position	2,678	62.8189 GBP
0.25 ordinary shares	CFD	increasing a short position	5,000	62.8200 GBP
0.25 ordinary shares	CFD	increasing a short position	88	62.8210 GBP
0.25 ordinary shares	CFD	reducing a short position	117	62.8415 GBP
0.25 ordinary shares	CFD	increasing a short position	709	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	8	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	276	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	82	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	47	62.8534 GBP
0.25 ordinary shares	CFD	increasing a short position	1,893	62.8538 GBP
0.25 ordinary shares	CFD	increasing a short position	136	62.8621 GBP
0.25 ordinary shares	CFD	increasing a short position	64	62.8733 GBP
0.25 ordinary shares	CFD	increasing a short position	438	62.8735 GBP
0.25 ordinary shares	CFD	increasing a short position	2	62.8750 GBP
0.25 ordinary shares	CFD	increasing a short position	144	62.8771 GBP
0.25 ordinary shares	CFD	increasing a short position	219	62.8800 GBP
0.25 ordinary shares	CFD	increasing a short position	442	62.8806 GBP
0.25 ordinary shares	CFD	increasing a short position	241	62.8807 GBP
0.25 ordinary shares	CFD	increasing a short position	307	62.8878 GBP
0.25 ordinary shares	CFD	reducing a short position	1	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	173	63.5381 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:	21 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