J.P. Morgan Markets Limited, acting as corporate broker and financial adviser to DCC Energy plc, submitted a Form 38.5(b) and 38.6 disclosure to the Irish Takeover Panel on 9 November 2026, covering dealings undertaken on 6 November 2026. The filing relates to DCC Energy plc's €0.25 ordinary shares and was made under Rule 38.5(b) and Rule 38.6 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The disclosure confirms that J.P. Morgan Markets Limited acted as a connected exempt principal trader without recognised intermediary status, or with such status but not dealing in a client-serving capacity. Investors monitoring the ongoing offer process surrounding DCC Energy plc may note this regulated transparency requirement as part of standard Irish Takeover Panel obligations.

Key Points

  • DCC Energy plc (DCC) — disclosure filed by connected adviser J.P. Morgan Markets Limited
  • Matched purchase and sale of 1,166 DCC Energy plc €0.25 ordinary shares on 6 November 2026, with prices ranging between 64.5000 GBP and 64.5153 GBP per unit
  • Net interest and short position in DCC Energy plc shares following dealings: zero across all categories
  • Investors may watch for further Rule 38 disclosures as the offer period progresses

J.P. Morgan Markets Limited's Role as Connected Adviser to DCC Energy plc

The announcement confirms that J.P. Morgan Markets Limited is connected to DCC Energy plc in its capacity as corporate broker and financial adviser. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, parties connected to an offeror or offeree are required to file dealing disclosures when transacting in relevant securities during an offer period. DCC Energy plc, the offeree named in the disclosure, has €0.25 ordinary shares as the class of relevant security to which this filing relates. The disclosure was submitted publicly via a Regulatory Information Service, as mandated under Rule 38 of the Rules, with Natasha Mondon listed as the contact name for this filing.

Matched Trades of 1,166 DCC Energy plc Shares Recorded on 6 November 2026

The dealings section of the form records that J.P. Morgan Markets Limited both purchased and sold 1,166 €0.25 ordinary shares in DCC Energy plc on 6 November 2026. The highest price per unit paid and received was 64.5153 GBP, while the lowest price per unit was 64.5000 GBP in both directions. This matched purchase and sale pattern is consistent with principal trading activity. No cash-settled derivative transactions, stock-settled derivative transactions, or other dealings were recorded in the form. The company did not disclose the purpose or further commercial context of these matched trades beyond the regulatory filing requirement.

Zero Net Position Held in DCC Energy plc Following the Disclosed Dealings

Following the transactions recorded on 6 November 2026, J.P. Morgan Markets Limited reported a net interest of zero and a net short position of zero across all categories of relevant securities in DCC Energy plc. Owned and controlled securities, cash-settled derivatives, and stock-settled derivatives each show nil balances as a percentage of the relevant share class. The form further confirms that no indemnity arrangements, options, or agreements relating to DCC Energy plc relevant securities are in place, and no Supplemental Form 8 was attached to this disclosure, indicating no open stock-settled derivative positions requiring supplementary reporting at this time.