Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

25 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:	24 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	106,173	64.4000 GBP	64.2961 GBP
0.25 ordinary shares	SALES	150,433	64.4045 GBP	64.2750 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	77	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	331	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	396	64.3000 GBP
0.25 ordinary shares	CFD	increasing a short position	368	64.3045 GBP
0.25 ordinary shares	CFD	increasing a short position	323	64.3161 GBP
0.25 ordinary shares	CFD	reducing a short position	554	64.3222 GBP
0.25 ordinary shares	CFD	reducing a short position	12	64.3233 GBP
0.25 ordinary shares	CFD	reducing a short position	35	64.3253 GBP
0.25 ordinary shares	CFD	increasing a long position	57	64.3295 GBP
0.25 ordinary shares	CFD	increasing a short position	7,120	64.3403 GBP
0.25 ordinary shares	CFD	reducing a short position	347	64.3412 GBP
0.25 ordinary shares	CFD	reducing a short position	1,237	64.3457 GBP
0.25 ordinary shares	CFD	reducing a short position	619	64.3466 GBP
0.25 ordinary shares	CFD	reducing a short position	252	64.3470 GBP
0.25 ordinary shares	CFD	reducing a short position	236	64.3470 GBP
0.25 ordinary shares	CFD	increasing a short position	607	64.3487 GBP
0.25 ordinary shares	CFD	increasing a long position	299	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	26	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	396	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	1	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	16	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	121	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	182	64.3563 GBP
0.25 ordinary shares	CFD	reducing a short position	136	64.3563 GBP
0.25 ordinary shares	CFD	increasing a short position	498	64.3597 GBP
0.25 ordinary shares	CFD	reducing a long position	1,399	64.3652 GBP
0.25 ordinary shares	CFD	increasing a short position	1,691	64.3653 GBP
0.25 ordinary shares	CFD	increasing a short position	550	64.3700 GBP
0.25 ordinary shares	CFD	reducing a short position	280	64.3793 GBP
0.25 ordinary shares	CFD	reducing a short position	120	64.3793 GBP
0.25 ordinary shares	CFD	reducing a short position	504	64.3793 GBP
0.25 ordinary shares	CFD	increasing a short position	6,500	64.3798 GBP
0.25 ordinary shares	CFD	increasing a short position	117	64.3876 GBP
0.25 ordinary shares	CFD	increasing a short position	1,346	64.3900 GBP
0.25 ordinary shares	CFD	increasing a short position	8,607	64.3929 GBP
0.25 ordinary shares	CFD	increasing a short position	71	64.3993 GBP
0.25 ordinary shares	CFD	increasing a short position	41	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	58	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	155	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	15,727	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	2,750	64.4000 GBP
0.25 ordinary shares	CFD	increasing a long position	37	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	917	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	15	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	218	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	2,750	64.4000 GBP
0.25 ordinary shares	CFD	reducing a long position	299	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	32	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	7	64.4014 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 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