Société Générale SA has submitted a Form 8.3 opening position disclosure to the Irish Takeover Panel, revealing a 6.47% total interest in DCC Energy plc’s €0.25 ordinary shares as of 17 August 2026. Published on 18 August 2026, this disclosure complies with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which mandates holders of 1% or more of relevant securities to publicly disclose their holdings during an offer period. The filing confirms Société Générale holds both long and short positions through owned shares and cash-settled derivatives, establishing it as a key disclosed stakeholder in DCC Energy plc amid the ongoing offer process.

Key Points

DCC Energy plc (DCC) is the subject company in the Irish Takeover Panel disclosure filed by Société Générale SA
Société Générale reports a total interest of 5,529,301 shares, representing 6.47% of DCC Energy plc’s relevant securities
Positions held as of 17 August 2026; disclosure date 18 August 2026; no indemnity or dealing arrangements declared
Market participants may monitor for additional institutional disclosures as the offer period continues

Société Générale’s 6.47% Long Position Comprises Owned Shares and Cash-Settled Derivatives

The Form 8.3 filing details that Société Générale directly holds 5,101,625 €0.25 ordinary shares in DCC Energy plc, equating to 5.97% of relevant securities. An additional 400,000 shares (0.47%) are held via cash-settled derivatives. The filing also includes 27,676 shares held on borrow products within the total 5,529,301 share interest. No stock-settled derivatives or agreements to buy or sell were reported. The announcement notes no supplemental Form 8 has been filed, indicating no open stock-settled derivative positions requiring separate disclosure at this time.

Short Positions Total 2.42%, Split Between Direct Shorts and Cash-Settled Derivatives

Alongside its long holdings, Société Générale disclosed aggregate short positions totaling 2,068,031 shares, or 2.42% of DCC Energy plc’s relevant securities. Of these, 402,468 shares (0.47%) are directly controlled short positions, while 1,665,563 shares (1.95%) relate to cash-settled derivatives referencing the company’s ordinary shares. The disclosure confirms no stock-settled derivative short positions exist. Société Générale has not entered into any indemnity arrangements, option agreements, or understandings regarding voting rights or future acquisitions in connection with the offer.

Transactions on 17 August 2026 Include Purchases up to 63.72p and Multiple Sales Near 63.65p

The Form 8.3 records several purchases and sales of DCC Energy plc’s €0.25 ordinary shares on 17 August 2026, all denominated in GBP. Purchases included 25,000 shares at 63.71911p, 35,000 shares at 63.6945p, and 15,000 shares at 63.60318p, among smaller lots. Concurrent sales occurred at prices between 63.6p and 63.75p per share across multiple transactions. Corresponding CFD positions were opened to increase short exposure, reflecting the three largest purchase tranches. The filing reports no other dealing arrangements or understandings relevant to the offer.