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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: |
09 Oct 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 or offeree to which the disclosure relates following the dealing (if any) (Note 2) |
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(Note 2) |
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Class of relevant security : |
€0.25 ordinary shares |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
1,659,791 |
1.94% |
32,696 |
0.04% |
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(2) Cash-settled derivatives: |
31,304 |
0.04% |
1,488,514 |
1.74% |
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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: |
1,691,095 |
1.98% |
1,521,210 |
1.78% |
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3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER (Note 4) |
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(a) Purchases 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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€0.25 ordinary shares |
Sale |
69,082 |
64.4500 GBP |
64.2403 GBP |
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€0.25 ordinary shares |
Purchase |
146,555 |
64.4000 GBP |
64.2371 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(Note 4) |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
6,167 |
64.2455 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
4 |
64.2500 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
113 |
64.4131 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
2,430 |
64.4000 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
2,209 |
64.2532 GBP |
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€0.25 ordinary shares |
SWAP |
Opening Short |
2,061 |
64.3260 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
5 |
64.2950 GBP |
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€0.25 ordinary shares |
CFD |
Opening Short |
3,315 |
64.4058 GBP |
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€0.25 ordinary shares |
CFD |
Increasing Short |
7,308 |
64.3278 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
2,262 |
64.2854 GBP |
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€0.25 ordinary shares |
SWAP |
Opening Short |
36,021 |
64.2500 GBP |
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€0.25 ordinary shares |
SWAP |
Opening Short |
50,000 |
64.2500 GBP |
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€0.25 ordinary shares |
SWAP |
Closing Short |
338 |
64.2403 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
133 |
64.2954 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
181 |
64.3526 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
233 |
64.3587 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
1,386 |
64.2533 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
15 |
64.2500 GBP |
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€0.25 ordinary shares |
CFD |
Decreasing Short |
272 |
64.4210 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
559 |
64.3729 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
2,902 |
64.3317 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
131 |
64.3114 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
2,763 |
64.3250 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
1 |
64.3250 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
5,493 |
64.2994 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
1 |
64.3000 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
6 |
64.2500 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
650 |
64.3110 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
4,202 |
64.3182 GBP |
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€0.25 ordinary shares |
SWAP |
Decreasing Short |
8,061 |
64.2907 GBP |
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€0.25 ordinary shares |
SWAP |
Increasing Short |
7,077 |
64.3364 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 of |
Product description |
Writing, purchasing, |
Number of securities |
Exercise price |
Type |
Expiry date |
Option money |
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relevant security |
selling, |
to which option |
per unit |
paid/received per unit |
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varying etc. |
relates (Note 7) |
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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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(d) Other dealings (including subscribing for new securities) |
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Class of relevant security |
Nature of Dealings |
Details |
Price per unit |
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(Note 7) |
(if applicable) (Note 4) |
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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 |
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which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any |
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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 |
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voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or |
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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 8 attached? |
NO |
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Date of disclosure: |
12 Oct 2026 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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Barclays: Irish Form 38.5 B DCC ENERGY PLC
Summary by 6ix AI
Barclays Capital Securities Ltd, a trading firm connected to Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L. P., which are parties to a takeover offer involving DCC ENERGY PLC, filed a required Irish takeover rules disclosure, dated October 12, 2026, of its holdings and trades in DCC ENERGY PLC €0.25 ordinary shares on October 9, 2026.
Key details
- After the dealing, Barclays Capital Securities Ltd held interests in 1,691,095 shares (1.98%): 1,659,791 (1.94%) owned or controlled and 31,304 (0.04%) through cash-settled derivatives, which are contracts paid in cash rather than shares.
- In the short positions column, which covers positions that gain if the price falls, it reported 1,521,210 shares (1.78%): 32,696 (0.04%) in the owned or controlled category and 1,488,514 (1.74%) through cash-settled derivatives.
- It bought 146,555 shares at prices between 64.2371 GBP and 64.4000 GBP, and sold 69,082 shares at prices between 64.2403 GBP and 64.4500 GBP.
- It also made a series of trades in swaps and CFDs (contracts for difference), both cash-settled derivatives, opening, increasing, decreasing and closing short positions.
- It reported no indemnity or dealing arrangements with any party to the offer, and no agreements on voting rights or future dealings tied to its options or derivatives.
6ix AI wrote this summary from the release below and checked it against the release.
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