UBS Investment Bank, London, has filed a Form 38.5(a) dealing disclosure under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, relating to DCC Energy plc ordinary shares. The disclosure, dated 12 November 2026, covers transactions undertaken on 11 November 2026 in DCC Energy plc's €0.25 ordinary shares. UBS acts as a connected exempt principal trader with Recognised Intermediary Status, dealing in a client-serving capacity. Investors monitoring the DCC Energy plc offer situation will note the regulated nature of this mandatory transparency filing.

Key Points

  • DCC Energy plc (DCC) — dealing disclosure filed by UBS Investment Bank, London (UBS AG EPT)
  • UBS disclosed purchases of 15,774 and sales of 16,171 DCC Energy plc €0.25 ordinary shares on 11 November 2026
  • Share price range across transactions: GBP 64.54902 to GBP 64.65205 per unit
  • Investors should watch for further Rule 38 disclosures as the DCC Energy plc offer situation develops

UBS Investment Bank Reports Purchases and Sales of DCC Energy plc Ordinary Shares

According to the disclosure, UBS Investment Bank, London, purchased 15,774 €0.25 ordinary shares in DCC Energy plc on 11 November 2026, with prices ranging from a low of GBP 64.54902 to a high of GBP 64.65205 per unit. On the same date, UBS sold 16,171 shares within an identical price range. These transactions were conducted in a client-serving capacity, consistent with UBS's status as a connected exempt principal trader under the Irish Takeover Rules, 2022. The filing contact named in the disclosure is Steven McPherson, reachable at the London office of UBS.

CFD Activity on DCC Energy plc Shares Involves Both Long Position Increases and Reductions

Alongside the outright share transactions, UBS also disclosed several cash-settled derivative dealings referencing DCC Energy plc €0.25 ordinary shares. These included increasing long positions via contracts for difference (CFDs) across three separate transactions totalling 4,381 reference securities, at prices between GBP 64.55 and GBP 64.65 per unit. Five separate CFD transactions reduced long positions, covering a combined 4,012 reference securities at prices ranging from approximately GBP 64.5512708333333 to GBP 64.64625 per unit. No stock-settled derivative or option transactions were reported in this filing.

Mandatory Irish Takeover Panel Disclosure Reflects DCC Energy plc Offer Situation

The filing is made pursuant to Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires connected exempt principal traders to publicly disclose dealings in relevant securities during an offer period. DCC Energy plc is identified as both the offeree and the party to the offer with which UBS is connected. The disclosure states "N/A" in response to whether this is a cash offer or possible cash offer, indicating that separate disclosure for other offer parties is not applicable in this instance. No indemnity or special dealing arrangements were reported.

No Agreements on Voting Rights or Future Acquisition Disclosed by UBS in DCC Energy Filing

UBS confirmed in the filing that there are no agreements, arrangements, or understandings relating to voting rights or the future acquisition or disposal of DCC Energy plc securities to which any derivative referenced in this form is linked. The disclosure was submitted on 12 November 2026 and made available via a Regulatory Information Service, as required under Rule 38 of the Irish Takeover Rules. Investors monitoring the DCC Energy plc situation may note this as part of the ongoing regulatory transparency process surrounding the offer.