Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

11 September 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:	10 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	234,042	63.4075 GBP	63.2000 GBP
0.25 ordinary shares	SALES	102,405	63.3769 GBP	63.2000 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	58	63.2000 GBP
0.25 ordinary shares	CFD	reducing a short position	547	63.2000 GBP
0.25 ordinary shares	CFD	reducing a short position	869	63.2201 GBP
0.25 ordinary shares	CFD	reducing a short position	27	63.2211 GBP
0.25 ordinary shares	CFD	reducing a short position	1,220	63.2212 GBP
0.25 ordinary shares	CFD	reducing a short position	20	63.2375 GBP
0.25 ordinary shares	CFD	reducing a short position	1,381	63.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	78	63.2500 GBP
0.25 ordinary shares	CFD	reducing a short position	286	63.2542 GBP
0.25 ordinary shares	CFD	reducing a short position	390	63.2558 GBP
0.25 ordinary shares	CFD	increasing a short position	16	63.2563 GBP
0.25 ordinary shares	CFD	increasing a short position	760	63.2627 GBP
0.25 ordinary shares	CFD	increasing a short position	208	63.2684 GBP
0.25 ordinary shares	CFD	reducing a long position	75	63.2707 GBP
0.25 ordinary shares	CFD	reducing a short position	25	63.2712 GBP
0.25 ordinary shares	CFD	reducing a short position	11	63.2745 GBP
0.25 ordinary shares	CFD	increasing a short position	599	63.2755 GBP
0.25 ordinary shares	CFD	reducing a short position	660	63.2757 GBP
0.25 ordinary shares	CFD	reducing a short position	75	63.2760 GBP
0.25 ordinary shares	CFD	increasing a long position	699	63.2813 GBP
0.25 ordinary shares	CFD	increasing a short position	311	63.2858 GBP
0.25 ordinary shares	CFD	increasing a short position	1,300	63.2858 GBP
0.25 ordinary shares	CFD	increasing a short position	721	63.2858 GBP
0.25 ordinary shares	CFD	reducing a short position	194	63.2871 GBP
0.25 ordinary shares	CFD	increasing a short position	47	63.2883 GBP
0.25 ordinary shares	CFD	increasing a short position	25,000	63.2943 GBP
0.25 ordinary shares	CFD	reducing a short position	16,826	63.2962 GBP
0.25 ordinary shares	CFD	increasing a short position	37	63.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	186	63.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	114	63.3000 GBP
0.25 ordinary shares	CFD	increasing a long position	6,842	63.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	4	63.3000 GBP
0.25 ordinary shares	CFD	reducing a long position	4,474	63.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	51	63.3000 GBP
0.25 ordinary shares	CFD	increasing a long position	2,657	63.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	302	63.3000 GBP
0.25 ordinary shares	CFD	increasing a long position	50	63.3000 GBP
0.25 ordinary shares	CFD	reducing a long position	2,657	63.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	32	63.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	631	63.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	289	63.3019 GBP
0.25 ordinary shares	CFD	increasing a short position	271	63.3019 GBP
0.25 ordinary shares	CFD	reducing a short position	47	63.3058 GBP
0.25 ordinary shares	CFD	increasing a long position	4,474	63.3058 GBP
0.25 ordinary shares	CFD	reducing a short position	232	63.3097 GBP
0.25 ordinary shares	CFD	increasing a long position	255	63.3167 GBP
0.25 ordinary shares	CFD	increasing a short position	51	63.3170 GBP
0.25 ordinary shares	CFD	reducing a short position	109	63.3172 GBP
0.25 ordinary shares	CFD	reducing a short position	242	63.3212 GBP
0.25 ordinary shares	CFD	increasing a short position	1,907	63.3237 GBP
0.25 ordinary shares	CFD	increasing a short position	3,197	63.3237 GBP
0.25 ordinary shares	CFD	reducing a short position	174	63.3308 GBP
0.25 ordinary shares	CFD	increasing a short position	1,026	63.3308 GBP
0.25 ordinary shares	CFD	increasing a short position	124	63.3385 GBP
0.25 ordinary shares	CFD	increasing a short position	50,000	63.3443 GBP
0.25 ordinary shares	CFD	reducing a short position	77	63.3462 GBP
0.25 ordinary shares	CFD	increasing a short position	500	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	7,500	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	9,041	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	16,085	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	17,498	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	6,700	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	2,300	63.3468 GBP
0.25 ordinary shares	CFD	increasing a short position	30	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	19	63.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	483	63.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	138	63.3712 GBP
0.25 ordinary shares	CFD	reducing a short position	38	63.3713 GBP
0.25 ordinary shares	CFD	reducing a short position	76	63.3802 GBP
0.25 ordinary shares	CFD	reducing a short position	25	63.3999 GBP
0.25 ordinary shares	CFD	increasing a short position	1,800	63.4075 GBP
0.25 ordinary shares	CFD	increasing a short position	600	63.4075 GBP
0.25 ordinary shares	CFD	increasing a short position	100	63.4075 GBP
0.25 ordinary shares	CFD	increasing a short position	4,622	63.4075 GBP
0.25 ordinary shares	CFD	increasing a short position	2,385	63.4075 GBP
0.25 ordinary shares	CFD	increasing a short position	2,000	63.4075 GBP
0.25 ordinary shares	CFD	increasing a short position	4,249	63.4075 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:	11 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