Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

27 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:	24 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	237,544	63.1325 GBP	62.7500 GBP
0.25 ordinary shares	SALES	185,458	63.1000 GBP	62.7500 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	increasing a short position	60	62.8000 GBP
0.25 ordinary shares	CFD	increasing a short position	44	62.8000 GBP
0.25 ordinary shares	CFD	reducing a short position	13,981	62.8123 GBP
0.25 ordinary shares	CFD	increasing a short position	8,840	62.8256 GBP
0.25 ordinary shares	CFD	increasing a short position	11	62.8273 GBP
0.25 ordinary shares	CFD	increasing a short position	10	62.8290 GBP
0.25 ordinary shares	CFD	increasing a short position	266	62.8298 GBP
0.25 ordinary shares	CFD	reducing a short position	743	62.8311 GBP
0.25 ordinary shares	CFD	reducing a long position	98	62.8401 GBP
0.25 ordinary shares	CFD	reducing a long position	240	62.8401 GBP
0.25 ordinary shares	CFD	reducing a short position	2,285	62.8491 GBP
0.25 ordinary shares	CFD	increasing a short position	24	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	111	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	83	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	6	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	7	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	370	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	606	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	1	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	272	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	42	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	9	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	5,848	62.8500 GBP
0.25 ordinary shares	CFD	reducing a short position	101	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	449	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	12	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	10	62.8500 GBP
0.25 ordinary shares	CFD	increasing a long position	1,682	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	80	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	5,782	62.8500 GBP
0.25 ordinary shares	CFD	reducing a long position	28	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	376	62.8500 GBP
0.25 ordinary shares	CFD	increasing a short position	906	62.8524 GBP
0.25 ordinary shares	CFD	increasing a short position	303	62.8538 GBP
0.25 ordinary shares	CFD	increasing a short position	640	62.8549 GBP
0.25 ordinary shares	CFD	reducing a long position	432	62.8579 GBP
0.25 ordinary shares	CFD	reducing a long position	13	62.8580 GBP
0.25 ordinary shares	CFD	increasing a short position	1,545	62.8602 GBP
0.25 ordinary shares	CFD	reducing a short position	2,927	62.8607 GBP
0.25 ordinary shares	CFD	increasing a long position	8,197	62.8621 GBP
0.25 ordinary shares	CFD	increasing a short position	5,680	62.8709 GBP
0.25 ordinary shares	CFD	reducing a short position	146	62.8717 GBP
0.25 ordinary shares	CFD	increasing a short position	381	62.8772 GBP
0.25 ordinary shares	CFD	increasing a long position	1,000	62.8801 GBP
0.25 ordinary shares	CFD	reducing a long position	45	62.8810 GBP
0.25 ordinary shares	CFD	increasing a short position	321	62.8829 GBP
0.25 ordinary shares	CFD	increasing a short position	4,960	62.8863 GBP
0.25 ordinary shares	CFD	increasing a short position	7,704	62.8863 GBP
0.25 ordinary shares	CFD	increasing a short position	15,836	62.8863 GBP
0.25 ordinary shares	CFD	reducing a short position	126	62.8903 GBP
0.25 ordinary shares	CFD	increasing a long position	73	62.8919 GBP
0.25 ordinary shares	CFD	reducing a long position	319	62.8928 GBP
0.25 ordinary shares	CFD	increasing a short position	25,000	62.8971 GBP
0.25 ordinary shares	CFD	reducing a short position	389	62.8985 GBP
0.25 ordinary shares	CFD	reducing a short position	765	62.8989 GBP
0.25 ordinary shares	CFD	increasing a short position	37	62.9000 GBP
0.25 ordinary shares	CFD	reducing a short position	7,147	62.9009 GBP
0.25 ordinary shares	CFD	increasing a short position	432	62.9011 GBP
0.25 ordinary shares	CFD	increasing a short position	4,200	62.9015 GBP
0.25 ordinary shares	CFD	increasing a short position	300	62.9015 GBP
0.25 ordinary shares	CFD	increasing a short position	2,874	62.9015 GBP
0.25 ordinary shares	CFD	increasing a short position	8,956	62.9015 GBP
0.25 ordinary shares	CFD	increasing a short position	2,100	62.9015 GBP
0.25 ordinary shares	CFD	increasing a short position	800	62.9015 GBP
0.25 ordinary shares	CFD	increasing a short position	90	62.9038 GBP
0.25 ordinary shares	CFD	reducing a short position	3,276	62.9122 GBP
0.25 ordinary shares	CFD	increasing a short position	68	62.9125 GBP
0.25 ordinary shares	CFD	increasing a short position	145	62.9164 GBP
0.25 ordinary shares	CFD	increasing a short position	865	62.9165 GBP
0.25 ordinary shares	CFD	reducing a long position	3	62.9167 GBP
0.25 ordinary shares	CFD	reducing a short position	171	62.9189 GBP
0.25 ordinary shares	CFD	reducing a short position	34	62.9375 GBP
0.25 ordinary shares	CFD	increasing a short position	18	62.9383 GBP
0.25 ordinary shares	CFD	increasing a short position	1,591	62.9411 GBP
0.25 ordinary shares	CFD	reducing a short position	2,511	62.9444 GBP
0.25 ordinary shares	CFD	increasing a short position	3,724	62.9461 GBP
0.25 ordinary shares	CFD	increasing a short position	198	62.9538 GBP
0.25 ordinary shares	CFD	reducing a short position	7,891	62.9565 GBP
0.25 ordinary shares	CFD	increasing a short position	50	62.9788 GBP
0.25 ordinary shares	CFD	increasing a short position	144,320	62.9815 GBP
0.25 ordinary shares	CFD	reducing a short position	2,152	62.9872 GBP
0.25 ordinary shares	CFD	increasing a short position	332	62.9895 GBP
0.25 ordinary shares	CFD	increasing a short position	71	62.9939 GBP
0.25 ordinary shares	CFD	increasing a short position	1,213	63.0163 GBP
0.25 ordinary shares	CFD	increasing a short position	451	63.0344 GBP
0.25 ordinary shares	CFD	reducing a short position	981	63.0352 GBP
0.25 ordinary shares	CFD	increasing a short position	249	63.0442 GBP
0.25 ordinary shares	CFD	increasing a short position	322	63.0450 GBP
0.25 ordinary shares	CFD	increasing a short position	46	63.0500 GBP
0.25 ordinary shares	CFD	increasing a short position	301	63.0600 GBP
0.25 ordinary shares	CFD	increasing a short position	9,500	63.0680 GBP
0.25 ordinary shares	CFD	increasing a short position	195	63.1325 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:	27 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