Goldman Sachs Bank Europe SE has filed a Form 38.5(b) disclosure with the Irish Takeover Panel, revealing its dealings in DCC Energy Plc EUR 0.25 ordinary shares dated 6 November 2026, with the filing published on 9 November 2026. The disclosure confirms Goldman Sachs Bank Europe SE is acting as adviser to the offeree in connection with a consortium bid by Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P. The filing is a mandatory transparency requirement under Rule 38.5(b) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2013, and signals that a formal takeover process for DCC Energy Plc is under way.

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 a loan partial return of 2,443 DCC Energy Plc shares on 6 November 2026, with no price per unit stated
  • Following the dealing, Goldman Sachs holds a long position of 105,071 shares (0.12%) and a short position of 53,723 shares (0.06%) in DCC Energy Plc
  • Investors should watch for further Irish Takeover Panel disclosures and any formal offer documentation from the ECP and KKR consortium

Goldman Sachs Bank Europe SE's Post-Dealing Position in DCC Energy Plc Ordinary Shares

Following the dealing dated 6 November 2026, Goldman Sachs Bank Europe SE held a total long position of 105,071 EUR 0.25 ordinary shares in DCC Energy Plc, representing 0.12% of the relevant class, and a total short position of 53,723 shares, representing 0.06%. The firm reported no derivative positions other than options, and no options or agreements to purchase or sell. No interests or short positions were disclosed in any other class of DCC Energy Plc relevant securities. The announcement confirms there are no agreements, arrangements, or understandings relating to voting rights connected to any option or derivative referenced in the form.

Loan Partial Return Transaction Recorded Against DCC Energy Plc Shares

The sole dealing recorded in the Form 38.5(b) is classified as a purchase described as a "Loan Partial Return" of 2,443 DCC Energy Plc EUR 0.25 ordinary shares. The price per unit is listed as not applicable in the filing. No derivatives transactions and no options transactions were reported alongside this dealing. The disclosure does not elaborate on the commercial context of the loan partial return beyond the classification itself, and the company did not disclose a monetary value for this transaction in the announcement. Investors monitoring position changes during the takeover process will note this adjustment to Goldman Sachs Bank Europe SE's holding.

Energy Capital Partners and KKR Consortium Drives Irish Takeover Panel Obligations

The filing identifies Goldman Sachs Bank Europe SE as adviser to the offeree in relation to a consortium comprising Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P. This connected status triggers the mandatory disclosure obligations under Rule 38.5(b) of the Irish Takeover Rules, 2013, requiring exempt principal traders to report their dealings transparently. The filing was prepared by contacts Papa Lette and Andrzej Szyszka, reachable via Paris and Warsaw offices respectively. No supplemental Form 8 is attached, and the disclosure date is confirmed as 9 November 2026, three days after the dealing date.