Goldman Sachs Bank Europe SE has filed a Form 38.5(b) disclosure with the Irish Takeover Panel relating to its dealings in DCC Energy Plc (DCC) EUR 0.25 ordinary shares, dated 12 November 2026. The filing, made in Goldman Sachs Bank Europe SE's capacity as an exempt principal trader connected to the offeree, confirms the institution is acting as adviser to a consortium comprising Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P. The disclosure reveals long and short positions held following the relevant dealings, offering transparency required under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013. Investors in DCC Energy Plc will note the ongoing involvement of major financial institutions in the takeover process.

Key Points

  • Goldman Sachs Bank Europe SE filing relates to DCC Energy Plc (DCC), EUR 0.25 ordinary shares
  • Goldman Sachs Bank Europe SE disclosed dealings as an exempt principal trader connected to the offeree, acting as adviser to the Energy Capital Partners and KKR consortium
  • Following dealings dated 12 November 2026, long position stands at 94,805 shares (0.11%) and short position at 53,509 shares (0.06%)
  • Investors should watch for further regulatory disclosures and any formal offer developments under the Irish Takeover Panel framework

Goldman Sachs Bank Europe SE's Role as Adviser to the Energy Capital Partners and KKR Consortium

The Form 38.5(b) filing identifies Goldman Sachs Bank Europe SE as connected to the offeree through its advisory role to a consortium formed by Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, connected exempt principal traders are required to disclose their dealings when involved in a live takeover situation. The filing confirms that Goldman Sachs Bank Europe SE was not dealing in a client-serving capacity at the time the transactions were executed, consistent with the conditions applicable to exempt principal traders under the relevant regulatory framework.

DCC Energy Plc Share Positions Held by Goldman Sachs Bank Europe SE Following 12 November 2026 Dealings

Following the transactions dated 12 November 2026, Goldman Sachs Bank Europe SE held a long position of 94,805 DCC Energy Plc EUR 0.25 ordinary shares, representing 0.11% of the relevant class, and a short position of 53,509 shares, representing 0.06%. The firm recorded two purchase transactions: a loan partial return of 126 securities and a borrow new transaction of 44 securities, both at no disclosed price per unit. No derivatives transactions, options transactions, or other dealings were reported. No supplemental Form 8 was attached to this filing, and no agreements relating to voting rights or derivatives were declared.

Irish Takeover Panel Disclosure Obligations Triggered by DCC Energy Plc Offer Process

The filing is required under Rule 38.5(b) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, which mandates timely disclosure of dealings by connected exempt principal traders during offer periods. DCC Energy Plc, the company dealt in, is subject to these obligations given the active consortium offer from Energy Capital Partners and KKR. Contact persons named in the disclosure are Papa Lette and Andrzej Szyszka, reachable via Paris and Warsaw offices respectively. The announcement states that no agreements, arrangements, or understandings relating to voting rights on options or derivatives exist between Goldman Sachs Bank Europe SE and any other party.