BNP Paribas Financial Markets, acting as a connected exempt principal trader with recognised intermediary status, disclosed dealings in DCC Energy Plc shares on 6 November 2026, filing the disclosure on 9 November 2026 under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The disclosure confirms BNP Paribas Financial Markets is connected to Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P., the offerors pursuing a takeover of DCC Energy Plc. The filing, submitted to a Regulatory Information Service via RNS, adds further transparency to the ongoing offer process, which investors in the energy distribution and services group will be monitoring closely.

Key Points

  • DCC Energy Plc (DCC) — dealing disclosure filed by BNP Paribas Financial Markets under Irish Takeover Panel rules
  • BNP Paribas Financial Markets purchased 55,728 and sold 56,370 DCC Energy Plc shares on 6 November 2026 in a client-serving capacity
  • Dealings in ISIN IE0002424939 were transacted at prices ranging from 64.5 to 64.6 per unit; currency not specified beyond the figures stated in the announcement
  • Investors should watch for further Rule 38 disclosures as the ECP and KKR takeover offer for DCC Energy Plc progresses

BNP Paribas Financial Markets' Client-Serving Trades in DCC Energy Plc on 6 November 2026

The announcement confirms that BNP Paribas Financial Markets executed two tranches of dealings in DCC Energy Plc ordinary shares, identified by ISIN IE0002424939, on 6 November 2026. The firm purchased 55,728 securities at prices ranging from 64.5 to 64.6 per unit, and separately sold 56,370 securities within the same price range. These transactions were conducted in a client-serving capacity as a connected exempt principal trader with recognised intermediary status under the Irish Takeover Panel's framework, meaning they reflect activity on behalf of clients rather than proprietary positioning by the firm itself.

ECP and KKR Named as Offerors Connected to BNP Paribas Financial Markets in DCC Takeover Process

The filing identifies BNP Paribas Financial Markets as connected to Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P. — the two parties jointly pursuing a takeover offer for DCC Energy Plc. DCC Energy Plc is an energy distribution business operating across multiple markets. The connection between BNP Paribas Financial Markets and the offerors triggers mandatory disclosure obligations under Rule 38.5(a), requiring the firm to report any dealings in DCC Energy Plc relevant securities to a Regulatory Information Service, ensuring transparency for all market participants during the offer period.

No Derivative Positions or Inducement Arrangements Reported in BNP Paribas Disclosure

Beyond the direct share purchases and sales, the announcement states that BNP Paribas Financial Markets reported no cash-settled derivative transactions, no stock-settled derivative transactions, and no other dealings in DCC Energy Plc securities on the date in question. The filing additionally confirms that no indemnity or option arrangements exist between BNP Paribas Financial Markets and any party to the offer, and no agreements relating to voting rights or future acquisition of relevant securities were in place, satisfying all relevant disclosure requirements under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.