Rule 38.5_A - DCC Energy plc

Morgan Stanley & Co. Int'l plc

28 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:	25 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	25,822	64.4000 GBP	63.4500 GBP
0.25 ordinary shares	PURCHASES	1	85.1499 USD	85.1499 USD
0.25 ordinary shares	SALES	32,343	64.4019 GBP	63.4500 GBP
0.25 ordinary shares	SALES	274	85.2194 USD	85.1583 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 short position	1,163	63.8950 GBP
0.25 ordinary shares	CFD	increasing a short position	634	64.2456 GBP
0.25 ordinary shares	CFD	reducing a short position	24	64.2997 GBP
0.25 ordinary shares	CFD	reducing a short position	81	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	4	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	5	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	11	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	29	64.3000 GBP
0.25 ordinary shares	CFD	reducing a short position	15	64.3250 GBP
0.25 ordinary shares	CFD	reducing a short position	37	64.3250 GBP
0.25 ordinary shares	CFD	reducing a short position	101	64.3250 GBP
0.25 ordinary shares	CFD	reducing a short position	208	64.3306 GBP
0.25 ordinary shares	CFD	reducing a short position	222	64.3306 GBP
0.25 ordinary shares	CFD	increasing a short position	49	64.3318 GBP
0.25 ordinary shares	CFD	increasing a short position	367	64.3330 GBP
0.25 ordinary shares	CFD	reducing a short position	55	64.3358 GBP
0.25 ordinary shares	CFD	reducing a short position	3,587	64.3364 GBP
0.25 ordinary shares	CFD	reducing a short position	379	64.3399 GBP
0.25 ordinary shares	CFD	reducing a short position	223	64.3467 GBP
0.25 ordinary shares	CFD	increasing a long position	87	64.3484 GBP
0.25 ordinary shares	CFD	reducing a short position	123	64.3496 GBP
0.25 ordinary shares	CFD	reducing a short position	284	64.3496 GBP
0.25 ordinary shares	CFD	reducing a short position	513	64.3496 GBP
0.25 ordinary shares	CFD	reducing a short position	34	64.3496 GBP
0.25 ordinary shares	CFD	reducing a short position	60	64.3499 GBP
0.25 ordinary shares	CFD	increasing a short position	226	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	63	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	1	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	4,821	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	642	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	334	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	4,821	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	1,680	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	349	64.3500 GBP
0.25 ordinary shares	CFD	reducing a long position	11	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	4	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	5	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	337	64.3500 GBP
0.25 ordinary shares	CFD	increasing a short position	242	64.3500 GBP
0.25 ordinary shares	CFD	increasing a long position	41	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	502	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	25	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	1	64.3500 GBP
0.25 ordinary shares	CFD	reducing a short position	5,480	64.3512 GBP
0.25 ordinary shares	CFD	increasing a short position	4,490	64.3517 GBP
0.25 ordinary shares	CFD	increasing a short position	558	64.3545 GBP
0.25 ordinary shares	CFD	reducing a short position	700	64.3564 GBP
0.25 ordinary shares	CFD	reducing a short position	628	64.3604 GBP
0.25 ordinary shares	CFD	reducing a short position	314	64.3605 GBP
0.25 ordinary shares	CFD	increasing a short position	49	64.3614 GBP
0.25 ordinary shares	CFD	increasing a short position	192	64.3647 GBP
0.25 ordinary shares	CFD	reducing a short position	8	64.3681 GBP
0.25 ordinary shares	CFD	reducing a short position	2,064	64.3702 GBP
0.25 ordinary shares	CFD	reducing a long position	64	64.3859 GBP
0.25 ordinary shares	CFD	reducing a short position	133	64.4000 GBP
0.25 ordinary shares	CFD	increasing a short position	1	64.4000 GBP
0.25 ordinary shares	CFD	reducing a short position	364	64.4000 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:	28 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