Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

22 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:	21 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	152,406	64.4500 GBP	64.2500 GBP
0.25 ordinary shares	SALES	63,456	64.4500 GBP	64.2500 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	43	64.2500 GBP
0.25 ordinary shares	CFD	increasing a short position	12	64.2519 GBP
0.25 ordinary shares	CFD	reducing a short position	4,305	64.2614 GBP
0.25 ordinary shares	CFD	reducing a short position	30,000	64.2931 GBP
0.25 ordinary shares	CFD	reducing a short position	1	64.2981 GBP
0.25 ordinary shares	CFD	reducing a long position	1	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	31	64.3056 GBP
0.25 ordinary shares	CFD	reducing a short position	2,503	64.3114 GBP
0.25 ordinary shares	CFD	increasing a long position	11	64.3136 GBP
0.25 ordinary shares	CFD	reducing a short position	140	64.3183 GBP
0.25 ordinary shares	CFD	reducing a short position	20	64.3224 GBP
0.25 ordinary shares	CFD	reducing a long position	1	64.3255 GBP
0.25 ordinary shares	CFD	increasing a short position	40,570	64.3255 GBP
0.25 ordinary shares	CFD	increasing a short position	601	64.3266 GBP
0.25 ordinary shares	CFD	reducing a long position	13	64.3269 GBP
0.25 ordinary shares	CFD	increasing a long position	100	64.3330 GBP
0.25 ordinary shares	CFD	increasing a short position	1,357	64.3350 GBP
0.25 ordinary shares	CFD	increasing a short position	36	64.3361 GBP
0.25 ordinary shares	CFD	increasing a short position	1,726	64.3369 GBP
0.25 ordinary shares	CFD	increasing a short position	1,623	64.3369 GBP
0.25 ordinary shares	CFD	reducing a short position	150	64.3371 GBP
0.25 ordinary shares	CFD	reducing a short position	244	64.3461 GBP
0.25 ordinary shares	CFD	increasing a short position	19	64.3474 GBP
0.25 ordinary shares	CFD	increasing a short position	48	64.3476 GBP
0.25 ordinary shares	CFD	reducing a short position	1,511	64.3477 GBP
0.25 ordinary shares	CFD	reducing a short position	4	64.3481 GBP
0.25 ordinary shares	CFD	reducing a short position	514	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	61	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	5	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	36	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	237	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	502	64.3500 GBP
0.25 ordinary shares	CFD	increasing a long position	1	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	219	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	2	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	1,394	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	3	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	2,442	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	3	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	3	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	25	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	13	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	249	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	22	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	346	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	13	64.3504 GBP
0.25 ordinary shares	CFD	increasing a long position	2,442	64.3505 GBP
0.25 ordinary shares	CFD	reducing a long position	4,819	64.3537 GBP
0.25 ordinary shares	CFD	increasing a short position	390	64.3552 GBP
0.25 ordinary shares	CFD	reducing a long position	12	64.3561 GBP
0.25 ordinary shares	CFD	increasing a short position	90	64.3561 GBP
0.25 ordinary shares	CFD	reducing a short position	320	64.3675 GBP
0.25 ordinary shares	CFD	reducing a short position	32	64.3750 GBP
0.25 ordinary shares	CFD	increasing a short position	2	64.3950 GBP
0.25 ordinary shares	CFD	increasing a short position	9	64.4247 GBP
0.25 ordinary shares	CFD	reducing a long position	27,464	64.4451 GBP
0.25 ordinary shares	CFD	reducing a long position	7,873	64.4451 GBP
0.25 ordinary shares	CFD	reducing a long position	22,627	64.4451 GBP
0.25 ordinary shares	CFD	reducing a long position	524	64.4451 GBP
0.25 ordinary shares	CFD	reducing a long position	9,129	64.4451 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:	22 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