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: |
02 November 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 |
Purchases/ |
Total |
Highest |
Lowest |
|
0.25 ordinary shares |
PURCHASES |
196,780 |
64.5500 GBP |
64.4455 GBP |
|
0.25 ordinary shares |
PURCHASES |
55 |
86.5818 USD |
86.5818 USD |
|
0.25 ordinary shares |
SALES |
204,267 |
64.5500 GBP |
64.4500 GBP |
(b) Cash-settled derivative transactions
|
Class of |
Product |
Nature of dealing |
Number of |
Price per |
|
0.25 ordinary shares |
CFD |
reducing a short position |
4 |
64.4500 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
2,119 |
64.4500 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
11 |
64.4591 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
2,504 |
64.4759 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
6,047 |
64.4759 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
83 |
64.4842 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
90 |
64.4848 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
21 |
64.4848 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
44 |
64.4848 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
154 |
64.4848 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
15 |
64.4848 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
865 |
64.4878 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
256 |
64.4890 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
2 |
64.4895 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
6 |
64.4927 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
13 |
64.4954 GBP |
|
0.25 ordinary shares |
CFD |
reducing a long position |
613 |
64.4970 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
465 |
64.4975 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
931 |
64.4979 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
753 |
64.4991 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
75 |
64.4999 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
2 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
12 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
33 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
60 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
3,434 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
30,790 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
2,236 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
11 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
16 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
11 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
21 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
1,014 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
14 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
6 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
229 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
107 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
323 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
2,972 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
6 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a long position |
2,236 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a long position |
3,193 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
9 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a long position |
4 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
14 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
343 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
35 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
393 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
21 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
4 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
14 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
458 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
177 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
79 |
64.5000 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
1,085 |
64.5001 GBP |
|
0.25 ordinary shares |
CFD |
increasing a long position |
3,016 |
64.5049 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
310 |
64.5052 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
299 |
64.5062 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
311 |
64.5063 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
66 |
64.5063 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
2 |
64.5100 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
216 |
64.5212 GBP |
|
0.25 ordinary shares |
CFD |
reducing a short position |
10 |
64.5350 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
30,000 |
64.5395 GBP |
|
0.25 ordinary shares |
CFD |
increasing a short position |
25 |
64.5920 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
|
Class of |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
|
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
(ii) Exercise
|
Class of |
Product |
Exercising/ |
Number of |
Exercise price |
|
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 |
Details |
Price per unit |
|
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: |
03 November 2026 |
|
Contact name: |
Claire Gordon |
|
Telephone number: |
+44 141 245-8893 |
Public disclosures under Rule 38 of the Rules must be made to a Regulatory Information Service.