UBS AG, acting through UBS Investment Bank London 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 (DCC) ordinary shares conducted on 12 November 2026. The disclosure was published on 13 November 2026 under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022. The filing confirms that UBS Investment Bank undertook both purchases and sales of DCC Energy plc €0.25 ordinary shares, as well as a series of CFD transactions, in a client-serving capacity. Investors monitoring the DCC Energy plc offer situation may note this disclosure as part of the regulatory transparency framework governing takeover-related dealings.

Key Points

  • DCC Energy plc (DCC) — disclosure filed by UBS AG (EPT) via UBS Investment Bank, London
  • UBS Investment Bank dealt in DCC Energy plc €0.25 ordinary shares on 12 November 2026 in a client-serving capacity
  • Purchases totalled 15,298 shares and sales totalled 17,407 shares, with prices ranging between 64.55000 GBP and 64.60646 GBP per unit
  • Investors should watch for further Rule 38 disclosures as the DCC Energy plc offer situation develops

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

According to the Form 38.5(a) filing, UBS Investment Bank, London purchased 15,298 €0.25 ordinary shares in DCC Energy plc on 12 November 2026, with prices ranging from a low of 64.55000 GBP to a high of 64.60646 GBP per unit. The bank also sold 17,407 ordinary shares over the same session, within an identical price range of 64.55000 GBP to 64.60646 GBP per unit. These dealings were conducted by UBS Investment Bank in its capacity as a connected exempt principal trader with Recognised Intermediary Status, acting in a client-serving capacity as defined under the Irish Takeover Rules, 2022.

CFD Transactions Referencing DCC Energy plc €0.25 Ordinary Shares

Alongside the outright share dealings, the announcement details a series of cash-settled CFD transactions referencing DCC Energy plc €0.25 ordinary shares. UBS Investment Bank increased long positions across five separate CFD transactions, covering 2,510, 4,732, 283, 566, and 703 reference securities respectively, at prices between approximately 64.55544 GBP and 64.5748 GBP per unit. The firm also reduced long CFD positions in two transactions, covering 2,073 and 7,016 reference securities, at prices of approximately 64.55000 GBP and 64.59773 GBP per unit. No stock-settled derivative or option transactions were disclosed in this filing.

Irish Takeover Panel Regulatory Context for DCC Energy plc Offer

The disclosure is made under Rule 38.5(a) of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires connected exempt principal traders to disclose dealings in relevant securities during an offer period. UBS Investment Bank is identified in the filing as connected to DCC Energy plc, the named offeree. The announcement confirms there are no indemnity arrangements, options, or agreements relating to voting rights or future acquisitions associated with the disclosed transactions. The filing was submitted by contact Steven McPherson and published on 13 November 2026 as a public regulatory disclosure via a Regulatory Information Service.