Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

15 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:	14 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	56,408	63.5000 GBP	63.3000 GBP
0.25 ordinary shares	SALES	67,934	63.5000 GBP	63.3000 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	129	63.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	3	63.3010 GBP
0.25 ordinary shares	CFD	increasing a short position	46	63.3136 GBP
0.25 ordinary shares	CFD	reducing a short position	241	63.3218 GBP
0.25 ordinary shares	CFD	reducing a long position	796	63.3237 GBP
0.25 ordinary shares	CFD	increasing a short position	45	63.3248 GBP
0.25 ordinary shares	CFD	increasing a short position	14,928	63.3316 GBP
0.25 ordinary shares	CFD	increasing a short position	2,614	63.3380 GBP
0.25 ordinary shares	CFD	reducing a short position	361	63.3380 GBP
0.25 ordinary shares	CFD	reducing a short position	735	63.3401 GBP
0.25 ordinary shares	CFD	increasing a long position	135	63.3412 GBP
0.25 ordinary shares	CFD	reducing a short position	248	63.3422 GBP
0.25 ordinary shares	CFD	increasing a short position	62	63.3444 GBP
0.25 ordinary shares	CFD	reducing a short position	181	63.3462 GBP
0.25 ordinary shares	CFD	increasing a short position	585	63.3477 GBP
0.25 ordinary shares	CFD	increasing a short position	139	63.3477 GBP
0.25 ordinary shares	CFD	increasing a short position	324	63.3477 GBP
0.25 ordinary shares	CFD	increasing a short position	1,299	63.3487 GBP
0.25 ordinary shares	CFD	reducing a long position	261	63.3494 GBP
0.25 ordinary shares	CFD	increasing a short position	553	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	104	63.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	1,461	63.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	2,621	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	13	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	97	63.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	264	63.3500 GBP
0.25 ordinary shares	CFD	increasing a long position	1,514	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	252	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	409	63.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	46,141	63.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	1,253	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	134	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	49	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	6	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	130	63.3500 GBP
0.25 ordinary shares	CFD	increasing a long position	2,621	63.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	427	63.3504 GBP
0.25 ordinary shares	CFD	increasing a short position	401	63.3504 GBP
0.25 ordinary shares	CFD	increasing a short position	2	63.3505 GBP
0.25 ordinary shares	CFD	increasing a short position	900	63.3530 GBP
0.25 ordinary shares	CFD	increasing a short position	1,100	63.3530 GBP
0.25 ordinary shares	CFD	increasing a short position	1,319	63.3530 GBP
0.25 ordinary shares	CFD	increasing a short position	300	63.3530 GBP
0.25 ordinary shares	CFD	increasing a short position	100	63.3530 GBP
0.25 ordinary shares	CFD	increasing a short position	20	63.4000 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:	15 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