Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

24 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:	23 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	173,161	63.0500 GBP	62.7750 GBP
0.25 ordinary shares	PURCHASES	561	73.6103 EUR	73.6103 EUR
0.25 ordinary shares	PURCHASES	208	83.6391 USD	83.6391 USD
0.25 ordinary shares	SALES	56,993	62.9618 GBP	62.8000 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	7,532	62.8123 GBP
0.25 ordinary shares	CFD	increasing a short position	54	62.8127 GBP
0.25 ordinary shares	CFD	increasing a short position	74	62.8127 GBP
0.25 ordinary shares	CFD	increasing a short position	1,274	62.8166 GBP
0.25 ordinary shares	CFD	reducing a short position	9	62.8333 GBP
0.25 ordinary shares	CFD	increasing a short position	224	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	121	62.8509 GBP
0.25 ordinary shares	CFD	increasing a short position	45	62.8538 GBP
0.25 ordinary shares	CFD	increasing a short position	8,335	62.8545 GBP
0.25 ordinary shares	CFD	increasing a short position	4,055	62.8545 GBP
0.25 ordinary shares	CFD	increasing a short position	2,610	62.8545 GBP
0.25 ordinary shares	CFD	increasing a long position	50	62.8575 GBP
0.25 ordinary shares	CFD	reducing a short position	18	62.8606 GBP
0.25 ordinary shares	CFD	reducing a short position	2,420	62.8623 GBP
0.25 ordinary shares	CFD	increasing a short position	3,614	62.8634 GBP
0.25 ordinary shares	CFD	reducing a short position	185	62.8646 GBP
0.25 ordinary shares	CFD	reducing a short position	216	62.8697 GBP
0.25 ordinary shares	CFD	reducing a short position	1,514	62.8708 GBP
0.25 ordinary shares	CFD	reducing a short position	542	62.8724 GBP
0.25 ordinary shares	CFD	increasing a long position	148	62.8728 GBP
0.25 ordinary shares	CFD	increasing a short position	59	62.8788 GBP
0.25 ordinary shares	CFD	increasing a short position	5,001	62.8815 GBP
0.25 ordinary shares	CFD	increasing a short position	1,566	62.8815 GBP
0.25 ordinary shares	CFD	increasing a short position	2,433	62.8815 GBP
0.25 ordinary shares	CFD	increasing a short position	597	62.8831 GBP
0.25 ordinary shares	CFD	reducing a long position	249	62.8847 GBP
0.25 ordinary shares	CFD	reducing a long position	101	62.8847 GBP
0.25 ordinary shares	CFD	reducing a long position	110	62.8850 GBP
0.25 ordinary shares	CFD	increasing a short position	1,048	62.8853 GBP
0.25 ordinary shares	CFD	increasing a short position	2,844	62.8861 GBP
0.25 ordinary shares	CFD	reducing a short position	185	62.8874 GBP
0.25 ordinary shares	CFD	increasing a long position	1,000	62.8874 GBP
0.25 ordinary shares	CFD	increasing a short position	932	62.8887 GBP
0.25 ordinary shares	CFD	increasing a long position	38	62.8904 GBP
0.25 ordinary shares	CFD	increasing a short position	28	62.8913 GBP
0.25 ordinary shares	CFD	reducing a short position	544	62.8923 GBP
0.25 ordinary shares	CFD	reducing a short position	640	62.8933 GBP
0.25 ordinary shares	CFD	increasing a short position	410	62.8950 GBP
0.25 ordinary shares	CFD	reducing a short position	229	62.8952 GBP
0.25 ordinary shares	CFD	increasing a short position	1,241	62.8956 GBP
0.25 ordinary shares	CFD	increasing a short position	14	62.8957 GBP
0.25 ordinary shares	CFD	reducing a short position	126	62.8976 GBP
0.25 ordinary shares	CFD	increasing a short position	599	62.8976 GBP
0.25 ordinary shares	CFD	increasing a short position	1,174	62.8981 GBP
0.25 ordinary shares	CFD	increasing a short position	2,285	62.8994 GBP
0.25 ordinary shares	CFD	reducing a long position	1,705	62.9000 GBP
0.25 ordinary shares	CFD	reducing a long position	2	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	4	62.9000 GBP
0.25 ordinary shares	CFD	increasing a long position	72	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	64	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	5	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	7,360	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	14	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	1,845	62.9000 GBP
0.25 ordinary shares	CFD	increasing a long position	496	62.9000 GBP
0.25 ordinary shares	CFD	reducing a short position	246	62.9000 GBP
0.25 ordinary shares	CFD	reducing a short position	72	62.9000 GBP
0.25 ordinary shares	CFD	reducing a short position	6	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	33	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	85	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	422	62.9000 GBP
0.25 ordinary shares	CFD	reducing a long position	87	62.9000 GBP
0.25 ordinary shares	CFD	reducing a short position	4	62.9000 GBP
0.25 ordinary shares	CFD	increasing a long position	334	62.9000 GBP
0.25 ordinary shares	CFD	increasing a short position	4,209	62.9012 GBP
0.25 ordinary shares	CFD	increasing a short position	18	62.9017 GBP
0.25 ordinary shares	CFD	increasing a short position	94	62.9026 GBP
0.25 ordinary shares	CFD	increasing a short position	251	62.9037 GBP
0.25 ordinary shares	CFD	increasing a short position	1,088	62.9038 GBP
0.25 ordinary shares	CFD	reducing a long position	859	62.9057 GBP
0.25 ordinary shares	CFD	reducing a long position	5,107	62.9057 GBP
0.25 ordinary shares	CFD	reducing a long position	231	62.9057 GBP
0.25 ordinary shares	CFD	reducing a long position	925	62.9057 GBP
0.25 ordinary shares	CFD	reducing a long position	221	62.9057 GBP
0.25 ordinary shares	CFD	reducing a long position	3,732	62.9057 GBP
0.25 ordinary shares	CFD	reducing a long position	66	62.9057 GBP
0.25 ordinary shares	CFD	increasing a short position	724	62.9060 GBP
0.25 ordinary shares	CFD	reducing a short position	451	62.9061 GBP
0.25 ordinary shares	CFD	increasing a short position	392	62.9080 GBP
0.25 ordinary shares	CFD	increasing a short position	381	62.9093 GBP
0.25 ordinary shares	CFD	reducing a long position	63	62.9100 GBP
0.25 ordinary shares	CFD	reducing a short position	3,396	62.9107 GBP
0.25 ordinary shares	CFD	increasing a long position	3,723	62.9107 GBP
0.25 ordinary shares	CFD	increasing a short position	814	62.9124 GBP
0.25 ordinary shares	CFD	increasing a short position	1,820	62.9243 GBP
0.25 ordinary shares	CFD	increasing a short position	289	62.9288 GBP
0.25 ordinary shares	CFD	reducing a long position	96	62.9295 GBP
0.25 ordinary shares	CFD	reducing a long position	44	62.9295 GBP
0.25 ordinary shares	CFD	reducing a long position	864	62.9295 GBP
0.25 ordinary shares	CFD	reducing a long position	262	62.9295 GBP
0.25 ordinary shares	CFD	reducing a long position	63	62.9295 GBP
0.25 ordinary shares	CFD	reducing a long position	964	62.9295 GBP
0.25 ordinary shares	CFD	reducing a short position	324	62.9311 GBP
0.25 ordinary shares	CFD	increasing a short position	2,207	62.9314 GBP
0.25 ordinary shares	CFD	increasing a short position	470	62.9335 GBP
0.25 ordinary shares	CFD	increasing a short position	757	62.9409 GBP
0.25 ordinary shares	CFD	increasing a short position	630	62.9412 GBP
0.25 ordinary shares	CFD	increasing a short position	121	62.9416 GBP
0.25 ordinary shares	CFD	increasing a long position	22	62.9449 GBP
0.25 ordinary shares	CFD	increasing a long position	422	62.9449 GBP
0.25 ordinary shares	CFD	increasing a short position	184	62.9458 GBP
0.25 ordinary shares	CFD	increasing a short position	25	62.9500 GBP
0.25 ordinary shares	CFD	increasing a short position	118	62.9537 GBP
0.25 ordinary shares	CFD	increasing a short position	1,229	62.9538 GBP
0.25 ordinary shares	CFD	increasing a short position	4,400	62.9556 GBP
0.25 ordinary shares	CFD	increasing a short position	325	62.9714 GBP
0.25 ordinary shares	CFD	reducing a short position	34	62.9750 GBP
0.25 ordinary shares	CFD	increasing a short position	760	62.9788 GBP
0.25 ordinary shares	CFD	increasing a short position	300,000	62.9815 GBP
0.25 ordinary shares	CFD	increasing a short position	50,000	62.9815 GBP
0.25 ordinary shares	CFD	increasing a short position	18	62.9889 GBP
0.25 ordinary shares	CFD	increasing a short position	112	63.0038 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:	24 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