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FORM 38.5(b) |
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IRISH TAKEOVER PANEL |
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OPENING POSITION DISCLOSURE/DEALING DISCLOSURE |
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UNDER RULE 38.5(b) OF THE IRISH TAKEOVER |
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PANEL ACT, 1997, TAKEOVER RULES, 2022 BY A CONNECTED |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED |
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INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY |
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STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose relevant securities this form relates: |
DCC ENERGY PLC |
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(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. |
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(d) |
Date position held/dealing undertaken: |
23 JUL 2026 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer? |
NO |
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2. |
INTERESTS AND SHORT POSITIONS |
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Interests and short positions in the relevant securities of the offeror |
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or offeree to which the disclosure relates following the dealing (if any) (Note 2) |
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Class of relevant security: |
€0.25OrdinaryShares |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
1,224,750 |
1.43% |
552,082 |
0.65% |
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(2) Cash-settled derivatives: |
274,280 |
0.32% |
1,047,737 |
1.23% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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TOTAL: |
1,499,030 |
1.75% |
1,599,819 |
1.87% |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER (Note 4) |
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(a) |
Purchase and sales |
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Class of relevant Security |
Purchase/sale |
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
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|
€0.25OrdinaryShares |
Purchase |
61 |
62.9483 GBP |
62.9483 GBP |
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|
€0.25OrdinaryShares |
Purchase |
65 |
62.9750 GBP |
62.9750 GBP |
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|
€0.25OrdinaryShares |
Purchase |
90 |
62.9077 GBP |
62.9077 GBP |
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|
€0.25OrdinaryShares |
Purchase |
128 |
62.8750 GBP |
62.8750 GBP |
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|
€0.25OrdinaryShares |
Purchase |
167 |
62.9052 GBP |
62.9052 GBP |
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|
€0.25OrdinaryShares |
Purchase |
177 |
62.9333 GBP |
62.9333 GBP |
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|
€0.25OrdinaryShares |
Purchase |
187 |
62.8478 GBP |
62.8478 GBP |
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|
€0.25OrdinaryShares |
Purchase |
207 |
62.9181 GBP |
62.9181 GBP |
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|
€0.25OrdinaryShares |
Purchase |
228 |
62.8878 GBP |
62.8878 GBP |
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|
€0.25OrdinaryShares |
Purchase |
230 |
62.9250 GBP |
62.9250 GBP |
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|
€0.25OrdinaryShares |
Purchase |
281 |
62.9370 GBP |
62.9370 GBP |
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|
€0.25OrdinaryShares |
Purchase |
312 |
62.8885 GBP |
62.8885 GBP |
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|
€0.25OrdinaryShares |
Purchase |
351 |
62.9500 GBP |
62.9500 GBP |
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|
€0.25OrdinaryShares |
Purchase |
578 |
62.9321 GBP |
62.9321 GBP |
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|
€0.25OrdinaryShares |
Purchase |
600 |
62.8582 GBP |
62.8582 GBP |
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|
€0.25OrdinaryShares |
Purchase |
705 |
62.8617 GBP |
62.8617 GBP |
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|
€0.25OrdinaryShares |
Purchase |
715 |
62.9026 GBP |
62.9026 GBP |
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|
€0.25OrdinaryShares |
Purchase |
752 |
62.9783 GBP |
62.9783 GBP |
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|
€0.25OrdinaryShares |
Purchase |
964 |
62.9368 GBP |
62.9368 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,000 |
62.8641 GBP |
62.8641 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,018 |
62.8847 GBP |
62.8847 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,055 |
62.8993 GBP |
62.8993 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,091 |
62.9087 GBP |
62.9087 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,098 |
62.9051 GBP |
62.9051 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,154 |
62.9523 GBP |
62.9523 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,195 |
62.9703 GBP |
62.9703 GBP |
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|
€0.25OrdinaryShares |
Purchase |
1,794 |
62.9794 GBP |
62.9794 GBP |
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|
€0.25OrdinaryShares |
Purchase |
2,088 |
62.9171 GBP |
62.9171 GBP |
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|
€0.25OrdinaryShares |
Purchase |
2,334 |
62.8874 GBP |
62.8874 GBP |
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|
€0.25OrdinaryShares |
Purchase |
2,989 |
62.9235 GBP |
62.9235 GBP |
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|
€0.25OrdinaryShares |
Purchase |
3,309 |
62.9093 GBP |
62.9093 GBP |
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|
€0.25OrdinaryShares |
Purchase |
3,822 |
62.8928 GBP |
62.8928 GBP |
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|
€0.25OrdinaryShares |
Purchase |
3,922 |
62.8987 GBP |
62.8987 GBP |
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|
€0.25OrdinaryShares |
Purchase |
4,679 |
62.8911 GBP |
62.8911 GBP |
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|
€0.25OrdinaryShares |
Purchase |
5,382 |
62.9768 GBP |
62.9768 GBP |
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|
€0.25OrdinaryShares |
Purchase |
7,176 |
62.9767 GBP |
62.9767 GBP |
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|
€0.25OrdinaryShares |
Purchase |
8,580 |
62.8998 GBP |
62.8998 GBP |
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|
€0.25OrdinaryShares |
Purchase |
12,012 |
62.9038 GBP |
62.9038 GBP |
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|
€0.25OrdinaryShares |
Purchase |
14,868 |
62.9275 GBP |
62.9275 GBP |
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|
€0.25OrdinaryShares |
Purchase |
77,896 |
62.9000 GBP |
62.9000 GBP |
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€0.25OrdinaryShares |
Sale |
4 |
62.8634 GBP |
62.8634 GBP |
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€0.25OrdinaryShares |
Sale |
28 |
62.8912 GBP |
62.8912 GBP |
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|
€0.25OrdinaryShares |
Sale |
45 |
62.8537 GBP |
62.8537 GBP |
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|
€0.25OrdinaryShares |
Sale |
59 |
62.8787 GBP |
62.8787 GBP |
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|
€0.25OrdinaryShares |
Sale |
66 |
62.8750 GBP |
62.8750 GBP |
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|
€0.25OrdinaryShares |
Sale |
112 |
63.0037 GBP |
63.0037 GBP |
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|
€0.25OrdinaryShares |
Sale |
121 |
62.8964 GBP |
62.8964 GBP |
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|
€0.25OrdinaryShares |
Sale |
121 |
62.9415 GBP |
62.9415 GBP |
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|
€0.25OrdinaryShares |
Sale |
121 |
62.8508 GBP |
62.8508 GBP |
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|
€0.25OrdinaryShares |
Sale |
123 |
62.9787 GBP |
62.9787 GBP |
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|
€0.25OrdinaryShares |
Sale |
151 |
62.9102 GBP |
62.9102 GBP |
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|
€0.25OrdinaryShares |
Sale |
184 |
62.9457 GBP |
62.9457 GBP |
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|
€0.25OrdinaryShares |
Sale |
251 |
62.9037 GBP |
62.9037 GBP |
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|
€0.25OrdinaryShares |
Sale |
267 |
62.8949 GBP |
62.8949 GBP |
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|
€0.25OrdinaryShares |
Sale |
273 |
62.8681 GBP |
62.8681 GBP |
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|
€0.25OrdinaryShares |
Sale |
289 |
62.9287 GBP |
62.9287 GBP |
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|
€0.25OrdinaryShares |
Sale |
325 |
62.9713 GBP |
62.9713 GBP |
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|
€0.25OrdinaryShares |
Sale |
356 |
62.8518 GBP |
62.8518 GBP |
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|
€0.25OrdinaryShares |
Sale |
364 |
62.8816 GBP |
62.8816 GBP |
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|
€0.25OrdinaryShares |
Sale |
381 |
62.9092 GBP |
62.9092 GBP |
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|
€0.25OrdinaryShares |
Sale |
392 |
62.9080 GBP |
62.9080 GBP |
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|
€0.25OrdinaryShares |
Sale |
449 |
62.9115 GBP |
62.9115 GBP |
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|
€0.25OrdinaryShares |
Sale |
457 |
62.8851 GBP |
62.8851 GBP |
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|
€0.25OrdinaryShares |
Sale |
470 |
62.9334 GBP |
62.9334 GBP |
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|
€0.25OrdinaryShares |
Sale |
597 |
62.8831 GBP |
62.8831 GBP |
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|
€0.25OrdinaryShares |
Sale |
599 |
62.8975 GBP |
62.8975 GBP |
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|
€0.25OrdinaryShares |
Sale |
630 |
62.9411 GBP |
62.9411 GBP |
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|
€0.25OrdinaryShares |
Sale |
637 |
62.9788 GBP |
62.9788 GBP |
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|
€0.25OrdinaryShares |
Sale |
679 |
62.9201 GBP |
62.9201 GBP |
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|
€0.25OrdinaryShares |
Sale |
757 |
62.9409 GBP |
62.9409 GBP |
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|
€0.25OrdinaryShares |
Sale |
814 |
62.9124 GBP |
62.9124 GBP |
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|
€0.25OrdinaryShares |
Sale |
991 |
62.8990 GBP |
62.8990 GBP |
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|
€0.25OrdinaryShares |
Sale |
1,034 |
62.8776 GBP |
62.8776 GBP |
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|
€0.25OrdinaryShares |
Sale |
1,047 |
62.9057 GBP |
62.9057 GBP |
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|
€0.25OrdinaryShares |
Sale |
1,048 |
62.8852 GBP |
62.8852 GBP |
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€0.25OrdinaryShares |
Sale |
1,174 |
62.8980 GBP |
62.8980 GBP |
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€0.25OrdinaryShares |
Sale |
1,241 |
62.8955 GBP |
62.8955 GBP |
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€0.25OrdinaryShares |
Sale |
1,274 |
62.8165 GBP |
62.8165 GBP |
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€0.25OrdinaryShares |
Sale |
1,347 |
62.9537 GBP |
62.9537 GBP |
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€0.25OrdinaryShares |
Sale |
1,819 |
62.8527 GBP |
62.8527 GBP |
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€0.25OrdinaryShares |
Sale |
2,160 |
62.8995 GBP |
62.8995 GBP |
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€0.25OrdinaryShares |
Sale |
2,207 |
62.9314 GBP |
62.9314 GBP |
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€0.25OrdinaryShares |
Sale |
2,592 |
62.8996 GBP |
62.8996 GBP |
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€0.25OrdinaryShares |
Sale |
9,726 |
62.9091 GBP |
62.9091 GBP |
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€0.25OrdinaryShares |
Sale |
10,056 |
62.9020 GBP |
62.9020 GBP |
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|
€0.25OrdinaryShares |
Sale |
15,709 |
62.8500 GBP |
62.8500 GBP |
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€0.25OrdinaryShares |
Sale |
47,742 |
62.9000 GBP |
62.9000 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of relevant security |
Product description |
Nature of dealing |
Number of reference securities |
Price per unit |
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€0.25OrdinaryShares |
SWAP |
Increasing Long |
112 |
62.8949 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Short |
39 |
62.9228 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Long |
2,160 |
62.8995 GBP |
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€0.25OrdinaryShares |
SWAP |
Decreasing Short |
134 |
62.9173 GBP |
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€0.25OrdinaryShares |
SWAP |
Decreasing Short |
64 |
62.9238 GBP |
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€0.25OrdinaryShares |
SWAP |
Decreasing Short |
32 |
62.9215 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Short |
548 |
62.9000 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Long |
991 |
62.899 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Short |
33,121 |
62.9000 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Short |
863 |
62.8969 GBP |
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€0.25OrdinaryShares |
SWAP |
Decreasing Long |
3,358 |
62.9031 GBP |
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€0.25OrdinaryShares |
SWAP |
Decreasing Short |
449 |
62.9115 GBP |
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€0.25OrdinaryShares |
CFD |
Closing Short |
67 |
62.7943 GBP |
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€0.25OrdinaryShares |
CFD |
Increasing Short |
1,016 |
62.9537 GBP |
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|
€0.25OrdinaryShares |
CFD |
Decreasing Short |
1,819 |
62.8527 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
91 |
63.055 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
1,056 |
62.9044 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Short |
6 |
62.9000 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
3 |
62.9228 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Long |
45 |
62.8816 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Long |
165 |
62.8816 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
29 |
62.9000 GBP |
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€0.25OrdinaryShares |
SWAP |
Opening Long |
1,000 |
62.8601 GBP |
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€0.25OrdinaryShares |
SWAP |
Closing Long |
1,597 |
62.9201 GBP |
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€0.25OrdinaryShares |
SWAP |
Decreasing Long |
1,238 |
62.9200 GBP |
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€0.25OrdinaryShares |
SWAP |
Closing Long |
1,592 |
62.9201 GBP |
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€0.25OrdinaryShares |
SWAP |
Increasing Long |
154 |
62.8816 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Long |
1,034 |
62.8776 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
610 |
62.9200 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
439 |
63.0000 GBP |
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|
€0.25OrdinaryShares |
CFD |
Decreasing Short |
1,325 |
62.9000 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Long |
33 |
62.8949 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Long |
122 |
62.8949 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
578 |
62.9321 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
25 |
62.9200 GBP |
|||
|
€0.25OrdinaryShares |
CFD |
Closing Short |
602 |
62.9200 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
882 |
62.9769 GBP |
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|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
2,738 |
62.9000 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
155 |
62.9106 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
10 |
62.9000 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
68 |
62.9000 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
2,295 |
62.9000 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
11,490 |
62.8500 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
3,378 |
62.8500 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
14,868 |
62.9275 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
1,057 |
62.9379 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Increasing Short |
281 |
62.9370 GBP |
|||
|
€0.25OrdinaryShares |
SWAP |
Decreasing Short |
679 |
62.9201 GBP |
|||
|
|
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant security |
Product description |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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|
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|
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant security |
Nature of Dealings |
Details |
Price per unit (if applicable) |
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|
|
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|
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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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: |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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|
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. |
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NONE |
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|
(c) |
Attachments |
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|
Is a Supplemental Form 38.5(b) attached? |
NO |
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|
Date of disclosure: |
24 Jul 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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