Funds disclose DCC Energy positions and trades under Irish takeover rules

what happened

Disclosures published by the London Stock Exchange show that AQR Capital Management, LLC, Verition Fund Management LLC and UBS Asset Management reported positions in DCC Energy plc under Rule 8.3 of the Irish Takeover Panel rules. The positions were held on 9 October 2026, while the forms were disclosed on 12 October 2026.

AQR reported total interests of 1,113,041 shares, or 1.30%, and short positions of 23,081 shares, or 0.03%. Its interests included 505,547 owned or controlled shares and 607,494 shares through cash-settled derivatives. AQR also purchased 1,234 shares at £64.2909 and increased a long position through a cash-settled derivative referencing 5,628 shares at £64.3027.

Verition reported a 943,593-share interest, equal to 1.10%, entirely through cash-settled derivatives. It disclosed reductions in long CFD positions referencing 50,000, 2,262, 4 and 50 shares at 64.35, 64.29, 64.36 and 64.26 GBP respectively. UBS reported ownership of 2,768,618 shares, or 3.24%, with no short position, and the sale of 280 shares at 64.25 GBP. The UBS disclosure was distributed by Newsmetry API based on an RNS form.

why it matters

The filings identify positions held by several major asset managers during a period involving a potential corporate offer for DCC Energy. They describe reported holdings and transactions, but do not by themselves confirm the terms or completion of any deal.

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