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 dealing disclosure to the Irish Takeover Panel on 5 November 2026, covering transactions undertaken on 4 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 not dealing in a client-serving capacity. Investors monitoring DCC Energy plc's ongoing offer process may note the specifics of the trading activity reported.

Key Points

  • DCC Energy plc (DCC) — filing made by connected exempt principal trader J.P. Morgan Markets Limited
  • J.P. Morgan Markets Limited purchased 3,769 and sold 3,626 of DCC Energy plc's €0.25 ordinary shares on 4 November 2026
  • Both purchases and sales were executed at a uniform price of 64.5000 GBP per share; no derivative positions were disclosed
  • Investors should watch for further Rule 38 disclosures as the offer process involving DCC Energy plc continues

J.P. Morgan Markets Limited's Role as Connected Exempt Principal Trader to DCC Energy plc

The disclosure identifies J.P. Morgan Markets Limited as a connected exempt principal trader by virtue of its role as corporate broker and financial adviser to DCC Energy plc. Under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, connected parties to an offer are required to disclose dealings in relevant securities. DCC Energy plc is an energy distribution business operating across multiple markets, and J.P. Morgan's advisory relationship with the company requires it to file these regulatory forms each time it undertakes transactions in DCC Energy plc's shares during an offer period, regardless of position size.

Purchases and Sales of DCC Energy plc Ordinary Shares at 64.5000 GBP on 4 November 2026

On 4 November 2026, J.P. Morgan Markets Limited purchased 3,769 €0.25 ordinary shares in DCC Energy plc and sold 3,626 shares of the same class, with both the highest and lowest price per unit recorded at 64.5000 GBP for purchases and 64.5000 GBP for sales. The form confirms no cash-settled derivatives, stock-settled derivatives, options, or other dealings were undertaken. Following these transactions, the disclosure reports that J.P. Morgan Markets Limited held zero interests and zero short positions in DCC Energy plc's relevant securities.

No Indemnity Arrangements or Derivative Agreements Declared Under Irish Takeover Panel Rules

The filing explicitly states that no indemnity or option arrangements, and no agreements or understandings relating to voting rights or future acquisition and disposal of relevant securities, exist between J.P. Morgan Markets Limited and any party to the offer. No Supplemental Form 8 was attached. The disclosure was submitted by contact Natasha Mondon and made public via a Regulatory Information Service, as required under Rule 38 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, ensuring transparency throughout the offer process.