Goldman Sachs International has filed a Form 38.5(a) disclosure with the Irish Takeover Panel regarding dealings in DCC Energy Plc EUR 0.25 ordinary shares conducted on 6 November 2026, with the disclosure published on 9 November 2026. The filing covers both outright share purchases and sales as well as an extensive series of contract-for-difference transactions. Goldman Sachs International is acting as adviser to the consortium of Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P., which has made an offer for DCC Energy Plc. Investors following the DCC Energy takeover process will note this disclosure as part of ongoing regulatory transparency requirements under Irish Takeover Rules 2013.

Key Points

  • Goldman Sachs International, filing in relation to DCC Energy Plc (DCC)
  • Form 38.5(a) discloses dealings in DCC Energy Plc EUR 0.25 ordinary shares on 6 November 2026, published 9 November 2026
  • 209,798 shares acquired at prices between 64.50p and 64.575p; 98,155 shares disposed at prices between 64.4996p and 64.5957p
  • Investors should monitor further Irish Takeover Panel disclosures as the Energy Capital Partners and KKR consortium bid progresses

Goldman Sachs International Acts as Adviser to Energy Capital Partners and KKR Consortium Bidding for DCC Energy

Goldman Sachs International has made this disclosure in its capacity as a connected exempt principal trader with recognised intermediary status, acting in a client-serving capacity. The filing confirms the firm's connection to the consortium comprising Energy Capital Partners, LLC and Kohlberg Kravis Roberts & Co. L.P., identified collectively as the offeror in the Irish Takeover Panel process. DCC Energy Plc, the subject company, is an energy distribution and services business incorporated with EUR 0.25 ordinary shares. Contact persons named in the disclosure are Papa Lette and Andrzej Szyszka, reachable via Paris and Warsaw telephone numbers respectively.

Share Purchases, Disposals and EUR-Denominated Transactions Recorded on 6 November 2026

On 6 November 2026, Goldman Sachs International acquired a total of 209,798 DCC Energy ordinary shares at prices ranging from 64.50p to 64.575p per share, and separately acquired 51 shares at 77.3127 EUR per share. Disposals on the same date totalled 98,155 shares at prices between 64.4996p and 64.5957p, plus 36 shares at 77.3127 EUR. The disclosure does not attribute these dealings to proprietary positioning; they are reported under the firm's client-serving exempt principal trader status, meaning they form part of normal market-making and intermediary activity during an active offer period.

Extensive CFD Activity Across Long and Short Positions at Prices Centred Around 64.50p

The Form 38.5(a) filing details a large volume of CFD transactions executed on 6 November 2026, spanning position openings, closings, increases, and reductions across both long and short exposures. Notable among these, Goldman Sachs increased short CFD positions across multiple tranches at 64.5387p, with individual line items ranging from 2,313 to 29,130 securities. A short position reduction of 25,000 securities was also recorded at 64.50p. The filing states there are no agreements, arrangements, or understandings relating to voting rights connected to any derivative disclosed, with the relevant field explicitly confirmed as "none" by the disclosing party.