Rule 38.5_A - Replacement of DCC Energy plc

Morgan Stanley & Co. Int'l plc

15 October 2026

 

AMENDMENT(2(a))

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:	13 October 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	72,061	64.4048 GBP	64.3455 GBP
0.25 ordinary shares	SALES	63,996	64.4019 GBP	64.3498 GBP
0.25 ordinary shares	SALES	57	85.2371 USD	85.2371 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	increasing a long position	289	64.3498 GBP
0.25 ordinary shares	CFD	reducing a short position	103	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	20	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	409	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	48	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	2	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	340	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	207	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	167	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	342	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	1,556	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	3,021	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	97	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	381	64.3500 GBP
0.25 ordinary shares	CFD	increasing a long position	2	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	239	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	726	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	3,021	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	145	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	173	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	157	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	369	64.3501 GBP
0.25 ordinary shares	CFD	increasing a short position	82	64.3501 GBP
0.25 ordinary shares	CFD	increasing a short position	23	64.3609 GBP
0.25 ordinary shares	CFD	increasing a short position	1,987	64.3653 GBP
0.25 ordinary shares	CFD	reducing a long position	2,797	64.3671 GBP
0.25 ordinary shares	CFD	increasing a short position	1,895	64.3683 GBP
0.25 ordinary shares	CFD	reducing a short position	24	64.3713 GBP
0.25 ordinary shares	CFD	increasing a short position	46	64.3717 GBP
0.25 ordinary shares	CFD	reducing a short position	53	64.3752 GBP
0.25 ordinary shares	CFD	reducing a short position	334	64.3781 GBP
0.25 ordinary shares	CFD	reducing a short position	130	64.3852 GBP
0.25 ordinary shares	CFD	reducing a short position	89	64.3865 GBP
0.25 ordinary shares	CFD	increasing a short position	1,175	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	9	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	1	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	3	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	3	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	16	64.4000 GBP
0.25 ordinary shares	CFD	reducing a long position	991	64.4048 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 October 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