UBS Investment Bank, London, acting as a connected exempt principal trader, has filed a Form 38.5(a) disclosure with the Irish Takeover Panel relating to dealings in DCC Energy plc securities conducted on 3 November 2026. The disclosure, published on 4 November 2026, was made under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, and covers purchases, sales, and cash-settled derivative transactions in DCC Energy plc's €0.25 ordinary shares. The filing confirms UBS Investment Bank is connected to DCC Energy plc as a party to the offer, dealing in a client-serving capacity with recognised intermediary status. Investors monitoring the DCC Energy plc offer process will note this mandatory regulatory disclosure as part of the broader takeover transparency framework.

Key Points

  • UBS AG (EPT), filing on behalf of UBS Investment Bank, London, in relation to DCC Energy plc (DCC)
  • Dealings in DCC Energy plc €0.25 ordinary shares were conducted on 3 November 2026 and disclosed on 4 November 2026
  • Transactions included purchases of 5,350 shares, sales of 8,904 shares, and multiple CFD positions across a price range of approximately 64.47p to 64.55p per unit
  • Investors should watch for further Rule 38 disclosures as the DCC Energy plc offer process continues

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

According to the disclosure, UBS Investment Bank purchased 5,350 €0.25 ordinary shares in DCC Energy plc on 3 November 2026, with prices ranging from a low of 64.47571 GBP to a high of 64.50645 GBP per unit. On the sell side, 8,904 ordinary shares were sold, with prices ranging from 64.47500 GBP to 64.50645 GBP per unit. These transactions were conducted in a client-serving capacity, consistent with the firm's status as a connected exempt principal trader with recognised intermediary status under the Irish Takeover Panel's regulatory framework governing offer-period dealing disclosures.

CFD Transactions in DCC Energy plc Referenced Securities on 3 November 2026

Alongside the outright share transactions, the disclosure details four separate cash-settled CFD transactions referencing DCC Energy plc €0.25 ordinary shares. One transaction involved increasing a long position by 2,059 reference securities at 64.55 GBP per unit. Three further transactions reduced long positions: 1,699 securities at approximately 64.5465 GBP, 3,471 securities at approximately 64.5462 GBP, and 367 securities at approximately 64.5521 GBP per unit. The announcement states no indemnity arrangements, options, or agreements relating to voting rights on these derivative positions exist between UBS and any party to the offer.

Irish Takeover Panel Form 38.5(a) Obligations and DCC Energy plc Offer Context

The Form 38.5(a) filing is a mandatory regulatory disclosure required under the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, applicable during an offer period. UBS Investment Bank is identified as connected to DCC Energy plc, the named offeree, and the filing confirms this is a cash offer or possible cash offer, with field 1(e) marked "N/A." The contact named in the disclosure is Steven McPherson, reachable at +44 (0)207 568 1863. Such disclosures are designed to ensure market transparency during sensitive offer periods and must be made to a Regulatory Information Service under Rule 38 of the Rules.