**Summary**
DCC PLC, a FTSE 100-listed energy company headquartered in Dublin, has announced a proposed tender offer to return up to £600 million to shareholders. This move follows the recent sale of DCC Healthcare. The tender offer, subject to shareholder approval at an Extraordinary General Meeting (EGM) on December 11, 2025, allows shareholders to tender their ordinary shares within a specified price range (£50.20 to £53.20 per share). The offer aims to acquire up to 11,952,191 shares, representing approximately 12.3% of the current issued share capital.
**Key Points**
1. **Tender Offer Details**
Shareholders can tender shares at a single strike price or within the specified price range.
The offer opens on November 172025and closes on December 172025.
Payment for acquired shares is expected in late December 2025.
2. **Benefits for Shareholders**
Available to all qualifying shareholders, regardless of shareholding size.
Provides near-term liquidity and optionality for shareholders.
Enables a swift return of capital in a single transaction compared to on-market share buybacks.
3. **Impact on Shares and Dividends**
The tender offer will reduce the number of shares in issue, potentially increasing earnings per share.
Shareholders entitlement to the interim dividend (69.50 pence per share) announced on November 11, 2025, remains unaffected.
4. **Important Dates**
EGM: December 112025
Interim Dividend PaymentDecember 12, 2025
Tender Offer Closing DateDecember 17, 2025
Announcement of Tender Offer ResultsDecember 19, 2025
5. **Regulatory and Legal Information**
The tender offer is subject to UK and Irish regulatory requirements.
Shareholders are advised to read the Tender Offer Circular for full details and consult professional advisors if necessary.
6. **Company Background**
DCC PLC specializes in energy sales, marketing, and distribution, with revenues of £16.1 billion and adjusted operating profit of £609.7 million in the financial year ended March 31, 2025.
The company has a strong track record of growth and dividend increases over 31 years as a public company.
This tender offer reflects DCCs commitment to returning value to shareholders while maintaining its strategic focus on the energy sector.