Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

24 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:	23 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	55,082	64.4000 GBP	64.2990 GBP
0.25 ordinary shares	SALES	62,350	64.3750 GBP	64.3000 GBP
0.25 ordinary shares	SALES	117	85.2244 USD	85.2244 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	680	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	2,685	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	2,685	64.3000 GBP
0.25 ordinary shares	CFD	increasing a long position	36	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	2,115	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	135	64.3000 GBP
0.25 ordinary shares	CFD	reducing a long position	268	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	4,904	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	763	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	1,163	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	2,181	64.3000 GBP
0.25 ordinary shares	CFD	reducing a long position	78	64.3032 GBP
0.25 ordinary shares	CFD	increasing a short position	156	64.3032 GBP
0.25 ordinary shares	CFD	increasing a short position	300	64.3051 GBP
0.25 ordinary shares	CFD	reducing a long position	716	64.3178 GBP
0.25 ordinary shares	CFD	increasing a short position	626	64.3201 GBP
0.25 ordinary shares	CFD	increasing a short position	13	64.3231 GBP
0.25 ordinary shares	CFD	reducing a short position	93	64.3250 GBP
0.25 ordinary shares	CFD	increasing a short position	19	64.3263 GBP
0.25 ordinary shares	CFD	reducing a short position	267	64.3264 GBP
0.25 ordinary shares	CFD	reducing a short position	115	64.3264 GBP
0.25 ordinary shares	CFD	reducing a short position	483	64.3264 GBP
0.25 ordinary shares	CFD	increasing a long position	166	64.3269 GBP
0.25 ordinary shares	CFD	increasing a short position	10	64.3280 GBP
0.25 ordinary shares	CFD	reducing a short position	228	64.3286 GBP
0.25 ordinary shares	CFD	reducing a short position	244	64.3286 GBP
0.25 ordinary shares	CFD	increasing a short position	2	64.3300 GBP
0.25 ordinary shares	CFD	reducing a long position	878	64.3327 GBP
0.25 ordinary shares	CFD	reducing a short position	23	64.3345 GBP
0.25 ordinary shares	CFD	reducing a short position	1,133	64.3351 GBP
0.25 ordinary shares	CFD	increasing a short position	110	64.3366 GBP
0.25 ordinary shares	CFD	increasing a short position	35	64.3396 GBP
0.25 ordinary shares	CFD	increasing a short position	342	64.3427 GBP
0.25 ordinary shares	CFD	reducing a short position	89	64.3440 GBP
0.25 ordinary shares	CFD	increasing a short position	10	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	8	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	1,905	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	10	64.3510 GBP
0.25 ordinary shares	CFD	reducing a short position	136	64.3511 GBP
0.25 ordinary shares	CFD	increasing a short position	200	64.3514 GBP
0.25 ordinary shares	CFD	increasing a short position	761	64.3516 GBP
0.25 ordinary shares	CFD	increasing a short position	291	64.3625 GBP
0.25 ordinary shares	CFD	increasing a long position	984	64.3677 GBP
0.25 ordinary shares	CFD	increasing a short position	6	64.3750 GBP
0.25 ordinary shares	CFD	increasing a short position	14	64.3750 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:	24 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