UBS Securities LLC has filed a Form 38.5(b) opening position disclosure with the Irish Takeover Panel, revealing a minor interest in DCC Energy PLC as of 4 November 2026. The filing, made public on 5 November 2026, confirms UBS Securities LLC holds 4,747 ordinary shares, representing 0.01% of DCC Energy PLC's relevant securities. The disclosure is required under Rule 38.5(b) and Rule 38.6 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, given UBS Securities LLC's status as a connected exempt principal trader. Investors monitoring the DCC Energy PLC offer situation may note this as a formal transparency requirement rather than a strategic position change.

Key Points

  • UBS Securities LLC filing relates to DCC Energy PLC (DCC), disclosed via RNS on 5 November 2026
  • UBS Securities LLC declared a total interest of 4,747 ordinary €0.25 shares in DCC Energy PLC, equating to 0.01% of relevant securities
  • Purchases of 3,383 DCC Energy PLC ordinary shares were undertaken on 4 November 2026, at prices ranging from USD 86.82 to USD 86.95 per unit
  • Investors should watch for further Rule 38 disclosures as the DCC Energy PLC offer situation develops

UBS Securities LLC's Position in DCC Energy PLC Ordinary Shares

According to the disclosure, UBS Securities LLC held a total of 4,747 ordinary €0.25 shares in DCC Energy PLC following dealings on 4 November 2026, representing 0.01% of the relevant securities class. The filing confirms no short positions were held, and no cash-settled or stock-settled derivative transactions were recorded. The position is categorised solely as directly owned and/or controlled relevant securities. The announcement states that UBS Securities LLC is connected to DCC Energy PLC as a party to the offer, which triggers the mandatory disclosure obligation under the Irish Takeover Rules.

Share Purchases in DCC Energy PLC on 4 November 2026

The Form 38.5(b) details that UBS Securities LLC purchased 3,383 ordinary €0.25 shares in DCC Energy PLC on 4 November 2026, with prices ranging from a low of USD 86.82 to a high of USD 86.95 per unit. No sales of DCC Energy PLC ordinary shares were recorded during the same period. The disclosure notes no indemnity arrangements, option agreements, or understandings relating to voting rights or future acquisition were in place, and no Supplemental Form 8 was attached, indicating the absence of open stock-settled derivative positions.

Irish Takeover Panel Regulatory Framework Governing the DCC Energy PLC Disclosure

The filing is governed by the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates that connected exempt principal traders disclose interests and dealings in relevant securities during an offer period. UBS Securities LLC filed without Recognised Intermediary Status acting in a client-serving capacity, as the form classification confirms. The contact named in the disclosure is Steven McPherson, reachable at a London-based telephone number. Such filings serve to maintain market transparency and ensure all parties to an offer situation can monitor the accumulation or movement of relevant securities in real time.