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Rule 38.5_A- Replacement of DCC Plc

By LSE RNS

Date: Friday 01 May 2026







RNS Number : 8880C
Morgan Stanley & Co. Int'l plc
01 May 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 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:



29 April 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



690,288



62.5500 GBP



55.9500 GBP



0.25 ordinary shares



PURCHASES



2,455



79.7263 USD



79.2699 USD



0.25 ordinary shares



SALES



391,403



62.5000 GBP



53.9000 GBP



0.25 ordinary shares



SALES



3,034



70.6120 EUR



70.6120 EUR



0.25 ordinary shares



SALES



653



80.8898 USD



80.8898 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



9



53.9000 GBP



0.25 ordinary shares



CFD



increasing a long position



14



53.9000 GBP



0.25 ordinary shares



CFD



increasing a long position



39



55.9304 GBP



0.25 ordinary shares



CFD



increasing a long position



2



55.9306 GBP



0.25 ordinary shares



CFD



reducing a long position



1,366



55.9524 GBP



0.25 ordinary shares



CFD



reducing a long position



77



55.9524 GBP



0.25 ordinary shares



CFD



reducing a long position



702



56.3963 GBP



0.25 ordinary shares



CFD



reducing a long position



106



56.3963 GBP



0.25 ordinary shares



CFD



reducing a long position



31



56.3963 GBP



0.25 ordinary shares



CFD



reducing a long position



167



56.3963 GBP



0.25 ordinary shares



CFD



reducing a long position



123



56.3963 GBP



0.25 ordinary shares



CFD



increasing a long position



261



56.4680 GBP



0.25 ordinary shares



CFD



reducing a long position



67



56.5363 GBP



0.25 ordinary shares



CFD



reducing a long position



447



56.5363 GBP



0.25 ordinary shares



CFD



reducing a long position



20



56.5363 GBP



0.25 ordinary shares



CFD



reducing a long position



78



56.5363 GBP



0.25 ordinary shares



CFD



reducing a long position



106



56.5363 GBP



0.25 ordinary shares



CFD



reducing a long position



176



56.6191 GBP



0.25 ordinary shares



CFD



reducing a long position



277



56.6191 GBP



0.25 ordinary shares



CFD



reducing a long position



205



56.6191 GBP



0.25 ordinary shares



CFD



reducing a long position



52



56.6191 GBP



0.25 ordinary shares



CFD



reducing a long position



1,158



56.6191 GBP



0.25 ordinary shares



CFD



reducing a long position



14



56.6571 GBP



0.25 ordinary shares



CFD



increasing a long position



468



56.6784 GBP



0.25 ordinary shares



CFD



increasing a short position



40,000



56.7557 GBP



0.25 ordinary shares



CFD



reducing a short position



86



56.7786 GBP



0.25 ordinary shares



CFD



increasing a short position



5,329



56.7838 GBP



0.25 ordinary shares



CFD



reducing a short position



140



56.8643 GBP



0.25 ordinary shares



CFD



reducing a short position



178



56.8781 GBP



0.25 ordinary shares



CFD



increasing a long position



2,561



56.9073 GBP



0.25 ordinary shares



CFD



increasing a long position



951



57.0230 GBP



0.25 ordinary shares



CFD



reducing a short position



191



57.0834 GBP



0.25 ordinary shares



CFD



increasing a long position



329



57.1924 GBP



0.25 ordinary shares



CFD



increasing a short position



9,310



57.7002 GBP



0.25 ordinary shares



CFD



increasing a long position



105



57.7462 GBP



0.25 ordinary shares



CFD



increasing a short position



4,040



57.9467 GBP



0.25 ordinary shares



CFD



reducing a long position



8,682



58.7000 GBP



0.25 ordinary shares



CFD



reducing a long position



36



58.7097 GBP



0.25 ordinary shares



CFD



increasing a long position



1,403



58.7723 GBP



0.25 ordinary shares



CFD



reducing a short position



6,103



58.7723 GBP



0.25 ordinary shares



CFD



reducing a short position



53



58.7964 GBP



0.25 ordinary shares



CFD



increasing a long position



67



58.7995 GBP



0.25 ordinary shares



CFD



reducing a short position



132



58.8000 GBP



0.25 ordinary shares



CFD



reducing a long position



17



58.8000 GBP



0.25 ordinary shares



CFD



increasing a long position



817



58.8000 GBP



0.25 ordinary shares



CFD



reducing a short position



2,842



58.8000 GBP



0.25 ordinary shares



CFD



increasing a long position



2,031



58.8000 GBP



0.25 ordinary shares



CFD



increasing a short position



53



58.8000 GBP



0.25 ordinary shares



CFD



reducing a short position



2,940



58.8000 GBP



0.25 ordinary shares



CFD



reducing a long position



56



58.8000 GBP



0.25 ordinary shares



CFD



increasing a long position



7



58.8000 GBP



0.25 ordinary shares



CFD



reducing a long position



624



58.8000 GBP



0.25 ordinary shares



CFD



increasing a long position



3,430



58.8000 GBP



0.25 ordinary shares



CFD



increasing a long position



839



58.8000 GBP



0.25 ordinary shares



CFD



increasing a short position



23



58.8000 GBP



0.25 ordinary shares



CFD



reducing a short position



21



58.8003 GBP



0.25 ordinary shares



CFD



reducing a long position



48



58.8891 GBP



0.25 ordinary shares



CFD



reducing a short position



3,790



58.9562 GBP



0.25 ordinary shares



CFD



increasing a long position



129



58.9575 GBP



0.25 ordinary shares



CFD



increasing a long position



2,739



58.9602 GBP



0.25 ordinary shares



CFD



reducing a short position



4,657



58.9690 GBP



0.25 ordinary shares



CFD



increasing a short position



631



58.9938 GBP



0.25 ordinary shares



CFD



reducing a short position



300



58.9967 GBP



0.25 ordinary shares



CFD



reducing a long position



2,407



59.0106 GBP



0.25 ordinary shares



CFD



increasing a short position



6,103



59.0106 GBP



0.25 ordinary shares



CFD



increasing a long position



17,347



59.0191 GBP



0.25 ordinary shares



CFD



increasing a long position



851



59.0370 GBP



0.25 ordinary shares



CFD



reducing a long position



9,308



59.0393 GBP



0.25 ordinary shares



CFD



reducing a long position



2,713



59.0393 GBP



0.25 ordinary shares



CFD



reducing a long position



2,668



59.0393 GBP



0.25 ordinary shares



CFD



reducing a long position



25,311



59.0393 GBP



0.25 ordinary shares



CFD



reducing a short position



1,833



59.0498 GBP



0.25 ordinary shares



CFD



reducing a long position



2,419



59.0652 GBP



0.25 ordinary shares



CFD



reducing a short position



44



59.0730 GBP



0.25 ordinary shares



CFD



reducing a long position



2,867



59.1648 GBP



0.25 ordinary shares



CFD



reducing a short position



2,906



59.2115 GBP



0.25 ordinary shares



CFD



increasing a short position



2,501



59.2551 GBP



0.25 ordinary shares



CFD



reducing a short position



968



59.2867 GBP



0.25 ordinary shares



CFD



reducing a long position



12,966



59.3117 GBP



0.25 ordinary shares



CFD



increasing a short position



721



59.3418 GBP



0.25 ordinary shares



CFD



increasing a short position



1,375



59.3418 GBP



0.25 ordinary shares



CFD



increasing a short position



651



59.3418 GBP



0.25 ordinary shares



CFD



increasing a short position



1,530



59.3418 GBP



0.25 ordinary shares



CFD



increasing a short position



92



59.3418 GBP



0.25 ordinary shares



CFD



increasing a short position



116



59.3418 GBP



0.25 ordinary shares



CFD



increasing a short position



59



59.3418 GBP



0.25 ordinary shares



CFD



reducing a short position



127



59.4140 GBP



0.25 ordinary shares



CFD



reducing a long position



780



59.4308 GBP



0.25 ordinary shares



CFD



increasing a short position



768



59.4356 GBP



0.25 ordinary shares



CFD



increasing a long position



173



59.4744 GBP



0.25 ordinary shares



CFD



increasing a long position



621



59.4744 GBP



0.25 ordinary shares



CFD



increasing a long position



628



59.4744 GBP



0.25 ordinary shares



CFD



increasing a long position



408



59.4744 GBP



0.25 ordinary shares



CFD



increasing a long position



94



59.4744 GBP



0.25 ordinary shares



CFD



increasing a long position



217



59.4744 GBP



0.25 ordinary shares



CFD



reducing a long position



3,430



59.5000 GBP



0.25 ordinary shares



CFD



reducing a long position



129



59.5000 GBP



0.25 ordinary shares



CFD



increasing a short position



2,219



59.5295 GBP



0.25 ordinary shares



CFD



reducing a short position



1,888



59.5331 GBP



0.25 ordinary shares



CFD



increasing a short position



300



59.5470 GBP



0.25 ordinary shares



CFD



reducing a long position



761



59.5723 GBP



0.25 ordinary shares



CFD



reducing a short position



8,800



59.5770 GBP



0.25 ordinary shares



CFD



reducing a long position



1,343



59.5780 GBP



0.25 ordinary shares



CFD



reducing a short position



1,780



59.6013 GBP



0.25 ordinary shares



CFD



reducing a short position



2,105



59.6273 GBP



0.25 ordinary shares



CFD



increasing a long position



68



59.6750 GBP



0.25 ordinary shares



CFD



reducing a long position



250



59.7689 GBP



0.25 ordinary shares



CFD



reducing a long position



58



59.7763 GBP



0.25 ordinary shares



CFD



reducing a long position



91



59.8785 GBP



0.25 ordinary shares



CFD



increasing a long position



152



59.8931 GBP



0.25 ordinary shares



CFD



increasing a long position



653



59.9273 GBP



0.25 ordinary shares



CFD



increasing a short position



12,336



59.9284 GBP



0.25 ordinary shares



CFD



increasing a short position



1,854



59.9439 GBP



0.25 ordinary shares



CFD



increasing a long position



748



60.0593 GBP



0.25 ordinary shares



CFD



reducing a short position



5



60.1000 GBP



0.25 ordinary shares



CFD



reducing a short position



23



60.1609 GBP



0.25 ordinary shares



CFD



reducing a short position



15,548



60.1640 GBP



0.25 ordinary shares



CFD



increasing a short position



49



60.1673 GBP



0.25 ordinary shares



CFD



reducing a short position



133



60.2008 GBP



0.25 ordinary shares



CFD



reducing a short position



242



60.2198 GBP



0.25 ordinary shares



CFD



reducing a long position



44



60.2500 GBP



0.25 ordinary shares



CFD



increasing a long position



61



60.2500 GBP



0.25 ordinary shares



CFD



reducing a long position



94



60.3138 GBP



0.25 ordinary shares



CFD



reducing a short position



4,040



60.3387 GBP



0.25 ordinary shares



CFD



reducing a long position



3,364



60.3458 GBP



0.25 ordinary shares



CFD



reducing a long position



9



60.3500 GBP



0.25 ordinary shares



CFD



reducing a long position



14



60.3500 GBP



0.25 ordinary shares



CFD



reducing a long position



58



60.4640 GBP



0.25 ordinary shares



CFD



reducing a long position



67



60.4640 GBP



0.25 ordinary shares



CFD



reducing a long position



92



60.4640 GBP



0.25 ordinary shares



CFD



reducing a long position



17



60.4640 GBP



0.25 ordinary shares



CFD



reducing a long position



386



60.4640 GBP



0.25 ordinary shares



CFD



reducing a long position



84



60.4789 GBP



0.25 ordinary shares



CFD



reducing a long position



62



60.4789 GBP



0.25 ordinary shares



CFD



reducing a long position



354



60.4789 GBP



0.25 ordinary shares



CFD



reducing a long position



16



60.4789 GBP



0.25 ordinary shares



CFD



reducing a long position



54



60.4789 GBP



0.25 ordinary shares



CFD



increasing a long position



30,190



60.5581 GBP



0.25 ordinary shares



CFD



reducing a short position



109



60.7798 GBP



0.25 ordinary shares



CFD



reducing a short position



9,310



60.9216 GBP



0.25 ordinary shares



CFD



reducing a long position



102



60.9305 GBP



0.25 ordinary shares



CFD



reducing a long position



161



60.9305 GBP



0.25 ordinary shares



CFD



reducing a long position



122



60.9305 GBP



0.25 ordinary shares



CFD



reducing a long position



31



60.9305 GBP



0.25 ordinary shares



CFD



reducing a long position



663



60.9305 GBP



0.25 ordinary shares



CFD



reducing a long position



222



60.9481 GBP



0.25 ordinary shares



CFD



reducing a long position



300



60.9481 GBP



0.25 ordinary shares



CFD



reducing a long position



56



60.9481 GBP



0.25 ordinary shares



CFD



reducing a long position



191



60.9481 GBP



0.25 ordinary shares



CFD



reducing a long position



1,258



60.9481 GBP



0.25 ordinary shares



CFD



reducing a long position



357



60.9879 GBP



0.25 ordinary shares



CFD



increasing a long position



500



61.1005 GBP



0.25 ordinary shares



CFD



reducing a long position



2,637



61.1339 GBP



0.25 ordinary shares



CFD



reducing a short position



111



61.1865 GBP



0.25 ordinary shares



CFD



reducing a long position



150



61.1866 GBP



0.25 ordinary shares



CFD



reducing a long position



594



61.1866 GBP



0.25 ordinary shares



CFD



reducing a long position



796



61.1866 GBP



0.25 ordinary shares



CFD



reducing a long position



509



61.1866 GBP



0.25 ordinary shares



CFD



reducing a long position



3,325



61.1866 GBP



0.25 ordinary shares



CFD



increasing a long position



3,034



61.2136 GBP



0.25 ordinary shares



CFD



reducing a long position



284



61.2461 GBP



0.25 ordinary shares



CFD



reducing a long position



447



61.2461 GBP



0.25 ordinary shares



CFD



reducing a long position



331



61.2461 GBP



0.25 ordinary shares



CFD



reducing a long position



1,870



61.2461 GBP



0.25 ordinary shares



CFD



reducing a long position



84



61.2461 GBP



0.25 ordinary shares



CFD



reducing a long position



20,943



61.2737 GBP



0.25 ordinary shares



CFD



reducing a long position



56,949



61.2737 GBP



0.25 ordinary shares



CFD



reducing a long position



6,004



61.2737 GBP



0.25 ordinary shares



CFD



reducing a long position



6,104



61.2737 GBP



0.25 ordinary shares



CFD



reducing a long position



38



61.3087 GBP



0.25 ordinary shares



CFD



reducing a long position



683



61.3087 GBP



0.25 ordinary shares



CFD



reducing a long position



141



61.3556 GBP



0.25 ordinary shares



CFD



reducing a long position



558



61.3556 GBP



0.25 ordinary shares



CFD



reducing a long position



751



61.3556 GBP



0.25 ordinary shares



CFD



reducing a long position



3,144



61.3556 GBP



0.25 ordinary shares



CFD



reducing a long position



479



61.3556 GBP



0.25 ordinary shares



CFD



reducing a long position



978



61.4983 GBP



0.25 ordinary shares



CFD



reducing a long position



520



61.5894 GBP



0.25 ordinary shares



CFD



reducing a long position



197



61.6976 GBP



0.25 ordinary shares



CFD



reducing a long position



331



62.5176 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:



01 May 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.






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