Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

25 August 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 August 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	190,259	63.7500 GBP	63.6000 GBP
0.25 ordinary shares	SALES	73,525	63.7000 GBP	63.6000 GBP
0.25 ordinary shares	SALES	1	86.7900 USD	86.7900 USD

(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 long position	109	63.6413 GBP
0.25 ordinary shares	CFD	increasing a short position	237	63.6413 GBP
0.25 ordinary shares	CFD	reducing a short position	332	63.6462 GBP
0.25 ordinary shares	CFD	reducing a short position	1,147	63.6495 GBP
0.25 ordinary shares	CFD	increasing a short position	1,368	63.6498 GBP
0.25 ordinary shares	CFD	increasing a short position	2,800	63.6498 GBP
0.25 ordinary shares	CFD	increasing a short position	52,675	63.6498 GBP
0.25 ordinary shares	CFD	increasing a short position	6,056	63.6498 GBP
0.25 ordinary shares	CFD	increasing a short position	23,270	63.6498 GBP
0.25 ordinary shares	CFD	increasing a short position	5,519	63.6498 GBP
0.25 ordinary shares	CFD	reducing a long position	28	63.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	58	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	2	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	136	63.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	4,039	63.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	40	63.6500 GBP
0.25 ordinary shares	CFD	increasing a long position	1	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	92	63.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	998	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	5	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	49	63.6500 GBP
0.25 ordinary shares	CFD	increasing a long position	48	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	79	63.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	2,896	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	197	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	347	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	33	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	137	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	53	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	4	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	1	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	4,039	63.6500 GBP
0.25 ordinary shares	CFD	increasing a short position	105	63.6500 GBP
0.25 ordinary shares	CFD	reducing a long position	20	63.6500 GBP
0.25 ordinary shares	CFD	reducing a short position	139	63.6528 GBP
0.25 ordinary shares	CFD	reducing a short position	5,676	63.6544 GBP
0.25 ordinary shares	CFD	increasing a long position	1,621	63.6567 GBP
0.25 ordinary shares	CFD	reducing a short position	182	63.6567 GBP
0.25 ordinary shares	CFD	increasing a short position	100	63.6587 GBP
0.25 ordinary shares	CFD	increasing a short position	94	63.6588 GBP
0.25 ordinary shares	CFD	reducing a long position	42	63.6627 GBP
0.25 ordinary shares	CFD	reducing a short position	666	63.6679 GBP
0.25 ordinary shares	CFD	increasing a short position	18	63.6692 GBP
0.25 ordinary shares	CFD	reducing a long position	206	63.6706 GBP
0.25 ordinary shares	CFD	reducing a long position	3	63.6750 GBP
0.25 ordinary shares	CFD	increasing a short position	182	63.6844 GBP
0.25 ordinary shares	CFD	reducing a long position	897	63.6844 GBP
0.25 ordinary shares	CFD	reducing a long position	96	63.6853 GBP
0.25 ordinary shares	CFD	reducing a long position	26	63.6933 GBP
0.25 ordinary shares	CFD	reducing a long position	944	63.6937 GBP
0.25 ordinary shares	CFD	reducing a long position	3,411	63.6937 GBP
0.25 ordinary shares	CFD	reducing a long position	1,615	63.6937 GBP
0.25 ordinary shares	CFD	reducing a long position	1,070	63.6937 GBP
0.25 ordinary shares	CFD	reducing a long position	1,759	63.6937 GBP
0.25 ordinary shares	CFD	reducing a long position	365	63.6937 GBP
0.25 ordinary shares	CFD	increasing a long position	111	63.7000 GBP
0.25 ordinary shares	CFD	increasing a short position	729	63.7000 GBP
0.25 ordinary shares	CFD	reducing a short position	237	63.7000 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:	25 August 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