BNP Paribas SA, acting as a connected exempt principal trader with recognised intermediary status, has filed a Form 38.5(a) dealing disclosure with the Irish Takeover Panel relating to DCC Energy Plc (ISIN: IE0002424939). The disclosure, dated 5 November 2026 and covering dealings undertaken on 4 November 2026, confirms a series of contract for difference transactions in DCC Energy Plc securities. BNP Paribas SA is connected to the offer parties Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P., making this filing a mandatory regulatory obligation under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022.

Key Points

  • BNP Paribas SA filed a Form 38.5(a) disclosure relating to DCC Energy Plc (ISIN: IE0002424939)
  • Multiple CFD transactions were executed on 4 November 2026 at a price of 64.4 per unit across various position types
  • Transactions included both short position increases and long position adjustments across twelve CFD lines
  • Investors may watch for further dealing disclosures as the takeover process involving Energy Capital Partners and KKR continues

BNP Paribas SA's CFD Transactions in DCC Energy Plc at 64.4 on 4 November 2026

The disclosure details twelve separate contract for difference transactions referencing DCC Energy Plc securities under ISIN IE0002424939, all executed at a uniform price of 64.4 per unit. The transactions predominantly involved increasing short positions, with reference security counts including -1, -34, -15, -17, -32, -3, -39, -24, -26, and -13 units respectively. One transaction reduced a long position by 6,495 reference securities, whilst another increased a long position by 12 units. No purchases or sales of physical securities were disclosed in the announcement, and no stock-settled derivative transactions were reported.

BNP Paribas SA's Connection to Energy Capital Partners and KKR Under Irish Takeover Rules

Under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, connected exempt principal traders dealing in a client-serving capacity are required to disclose transactions in relevant securities during an offer period. BNP Paribas SA declared its connection to both Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P., the named offeror parties in relation to DCC Energy Plc. The filing confirms that no indemnity arrangements, option agreements, or understandings relating to voting rights or future acquisitions were in place between BNP Paribas SA and any party to the offer at the time of disclosure.

DCC Energy Plc Under Irish Takeover Panel Scrutiny as Offer Period Continues

DCC Energy Plc, the energy division subject to this offer, operates within the broader DCC plc group, which is an Irish-headquartered sales, marketing, and support services business with significant energy distribution activities. The mandatory disclosure framework applied here reflects the Irish Takeover Panel's requirement for transparency around dealings by parties connected to offerors during live offer periods. This filing was made public on 5 November 2026 via a Regulatory Information Service, as required under Rule 38 of the Takeover Rules. The Compliance Control Room at BNP Paribas London is cited as the contact for this disclosure.