{"success":true,"data":{"pressRelease":{"id":"140561","rtpr_id":"nBw9QXR1La-20260910","ticker":"DCC","exchange":"LSE","all_tickers":["DCC"],"title":"REG-Qube Research & Technologies LTD Form 8.3","author":"Business Wire","published_at":"2026-09-10T13:19:00.115Z","article_body":"Form 8.3\n\n \n\nAp27\n\nFORM 8.3\n\nIRISH TAKEOVER PANEL\n\nOPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH\nTAKEOVER PANEL ACT, 1997, TAKEOVER\n\nRULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%\nOR MORE\n\n1. KEY INFORMATION\n (a) Full name of discloser Qube Research & Technologies Limited \n (b) Owner or controller of interests and short positions disclosed, if   \n different from 1(a) \n \n \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the \n trustee(s), settlor and beneficiaries must be named. \n (c) Name of offeror/offeree in relation to whose relevant securities this form DCC plc \n relates \n \n \n \nUse a separate form for each offeror/offeree \n (d) If an exempt fund manager connected with an offeror/offeree, state this   \n and specify identity of offeror/offeree (Note 1) \n (e) Date position held/dealing undertaken 09-09-2026 \n \n \n \nFor an opening position disclosure, state the latest practicable date prior to \n the disclosure \n (f) In addition to the company in 1(c) above, is the discloser also making No \n disclosures in respect of any other party to the offer? \n \n \n \nIf it is a cash offer or possible cash offer, state “N/A” \n\n\n2. INTERESTS AND SHORT POSITIONS\n\nIf there are interests and short positions to disclose in more than one class\nof relevant securities of the offeror or offeree named in 1(c), copy table 2\nfor each additional class of relevant security.\n\nAp28\n\nInterests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n\n(Note 2)\n Class of relevant security €0.25 ordinary shares \n \n(Note 3) \n   Interests Short positions \n Number % Number % \n (1) Relevant securities owned and/or controlled 0 0 0 0.00 \n (2) Cash-settled derivatives 1,096,895 1.28 0 0.00 \n (3) Stock-settled derivatives (including options) and agreements to purchase/ 0 0.00 0 0.00 \n sell \n Total 1,096,895 1.28 0 0.00 \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of options including rights to subscribe for new securities and any\nopen stock-settled derivative positions (including traded options), or\nagreements to purchase or sell relevant securities, should be given on a\nSupplemental Form 8.\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE (Note 4)\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant Purchase/sale Number of Price per unit \n \nsecurity \nsecurities \n(Note 5) \n         \n\n\nAp29\n\n(b) Cash-settled derivative transactions\n Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/ closing a long/ short position, increasing/ Number of reference securities (Note 6) Price per unit (Note 5) \n reducing a long/ short position \n €0.25 ordinary shares equity swap Decreasing a Long Position 638 6320 \n €0.25 ordinary shares equity swap Decreasing a Long Position 17,938 6325.15 \n €0.25 ordinary shares equity swap Decreasing a Long Position 14,843 6330.06 \n €0.25 ordinary shares equity swap Decreasing a Long Position 14,709 6345 \n €0.25 ordinary shares equity swap Decreasing a Short Position 16 6320 \n €0.25 ordinary shares equity swap Decreasing a Short Position 19 6342.97 \n €0.25 ordinary shares equity swap Decreasing a Short Position 14,709 6345 \n €0.25 ordinary shares equity swap Increasing a Long Position 1,483 6323.06 \n €0.25 ordinary shares equity swap Increasing a Long Position 210 6332.07 \n €0.25 ordinary shares equity swap Increasing a Long Position 59 6332.07 \n €0.25 ordinary shares equity swap Increasing a Long Position 2 6342.97 \n €0.25 ordinary shares equity swap Increasing a Short Position 7 6320 \n €0.25 ordinary shares equity swap Increasing a Short Position 41 6324.87 \n €0.25 ordinary shares equity swap Increasing a Short Position 14 6326.42 \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n Class of Product Writing, purchasing, selling, varying Number Exercise Type Expiry Option \n \nrelevant \ndescription e.g. call \netc. \nof \nprice per \ne.g. \ndate \nmoney \n \nsecurity \noption \nsecurities \nunit \nAmerican, \npaid/ \n \nto which \nEuropean \nreceived per unit \n \noption \netc. \n \nrelates \n \n(Note 6) \n                 \n\n\n(ii) Exercise\n Class of Product Exercising/ Number of Exercise \n \nrelevant \ndescription \nexercised \nsecurities \nprice per \n \nsecurity \ne.g. call \nagainst \nunit \n \noption \n(Note 5) \n           \n\n\n(d) Other dealings (including transactions in respect of new securities) (Note\n3)\n Class of Nature of dealing Details Price per unit (if \n \nrelevant \ne.g. subscription, \napplicable) \n \nsecurity \nconversion, exercise \n(Note 5) \n         \n\n\nAp30\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or \n understanding, formal or informal, relating to relevant securities which may \n be an inducement to deal or refrain from dealing entered into by the person \n making the disclosure and any party to the offer or any person acting in \n concert with a party to the offer. \n \n \n \nIrrevocable commitments and letters of intent should not be included. If there \n are no such agreements, arrangements or understandings, state “none” \n   \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Full details of any agreement, arrangement or understanding between the person \n disclosing and any other person relating to the voting rights of any relevant \n securities under any option referred to on this form or relating to the voting \n rights or future acquisition or disposal of any relevant securities to which \n any derivative referred to on this form is referenced. If none, this should be \n stated. \n   \n\n\n(c) Attachments\n Is a Supplemental Form 8 attached? NO \n\n Date of disclosure 10-09-2026 \n Contact name Janice Falcao \n Telephone number 00442033140679 \n\n\nPublic disclosures under Rule 8.3 of the Rules must be made to a Regulatory\nInformation Service.\n\nAp31\n\nNOTES ON FORM 8.3\n\n1. See the definition of “connected fund manager” in Rule 2.2 of Part A of\nthe Rules.\n\n2. See the definition of “interest in a relevant security” in Rule 2.5 of\nPart A of the Rules and see Rule 8.6(a) and (b) of Part B of the Rules.\n\n3. See the definition of “relevant securities” in Rule 2.1 of Part A of\nthe Rules.\n\n4. See the definition of “dealing” in Rule 2.1 of Part A of the Rules.\n\n5. If the economic exposure to changes in the price of securities is limited,\nfor example, by virtue of a stop loss arrangement relating to a spread bet,\nfull details must be given.\n\n6. See Rule 2.5(d) of Part A of the Rules.\n\n7. If details included in a disclosure under Rule 8 are incorrect, they should\nbe corrected as soon as practicable in a subsequent disclosure. Such\ndisclosure should state clearly that it corrects details disclosed previously,\nidentify the disclosure or disclosures being corrected, and provide sufficient\ndetail for the reader to understand the nature of the corrections. In the case\nof any doubt, the Panel should be consulted.\n\nFor full details of disclosure requirements, see Rule 8 of the Rules. If in\ndoubt, consult the Panel.\n\nReferences in these notes to “the Rules” are to the Irish Takeover Panel\nAct, 1997, Takeover Rules, 2022.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260910758970/en/\n(https://www.businesswire.com/news/home/20260910758970/en/)\n\nQube Research & Technologies LTD\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw9QXR1La-20260910","title":"REG-Qube Research & Technologies LTD Form 8.3","author":"Business Wire","ticker":"DCC","created":"2026-09-10T13:19:00.115Z","tickers":["DCC"],"exchange":"LSE","article_body":"Form 8.3\n\n \n\nAp27\n\nFORM 8.3\n\nIRISH TAKEOVER PANEL\n\nOPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH\nTAKEOVER PANEL ACT, 1997, TAKEOVER\n\nRULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1%\nOR MORE\n\n1. KEY INFORMATION\n (a) Full name of discloser Qube Research & Technologies Limited \n (b) Owner or controller of interests and short positions disclosed, if   \n different from 1(a) \n \n \n \nThe naming of nominee or vehicle companies is insufficient. For a trust, the \n trustee(s), settlor and beneficiaries must be named. \n (c) Name of offeror/offeree in relation to whose relevant securities this form DCC plc \n relates \n \n \n \nUse a separate form for each offeror/offeree \n (d) If an exempt fund manager connected with an offeror/offeree, state this   \n and specify identity of offeror/offeree (Note 1) \n (e) Date position held/dealing undertaken 09-09-2026 \n \n \n \nFor an opening position disclosure, state the latest practicable date prior to \n the disclosure \n (f) In addition to the company in 1(c) above, is the discloser also making No \n disclosures in respect of any other party to the offer? \n \n \n \nIf it is a cash offer or possible cash offer, state “N/A” \n\n\n2. INTERESTS AND SHORT POSITIONS\n\nIf there are interests and short positions to disclose in more than one class\nof relevant securities of the offeror or offeree named in 1(c), copy table 2\nfor each additional class of relevant security.\n\nAp28\n\nInterests and short positions in the relevant securities of the offeror or\nofferee to which the disclosure relates following the dealing (if any)\n\n(Note 2)\n Class of relevant security €0.25 ordinary shares \n \n(Note 3) \n   Interests Short positions \n Number % Number % \n (1) Relevant securities owned and/or controlled 0 0 0 0.00 \n (2) Cash-settled derivatives 1,096,895 1.28 0 0.00 \n (3) Stock-settled derivatives (including options) and agreements to purchase/ 0 0.00 0 0.00 \n sell \n Total 1,096,895 1.28 0 0.00 \n\n\nAll interests and all short positions should be disclosed.\n\nDetails of options including rights to subscribe for new securities and any\nopen stock-settled derivative positions (including traded options), or\nagreements to purchase or sell relevant securities, should be given on a\nSupplemental Form 8.\n\n3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE (Note 4)\n\nWhere there have been dealings in more than one class of relevant securities\nof the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as\nappropriate) for each additional class of relevant security dealt in.\n\nThe currency of all prices and other monetary amounts should be stated.\n\n(a) Purchases and sales\n Class of relevant Purchase/sale Number of Price per unit \n \nsecurity \nsecurities \n(Note 5) \n         \n\n\nAp29\n\n(b) Cash-settled derivative transactions\n Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/ closing a long/ short position, increasing/ Number of reference securities (Note 6) Price per unit (Note 5) \n reducing a long/ short position \n €0.25 ordinary shares equity swap Decreasing a Long Position 638 6320 \n €0.25 ordinary shares equity swap Decreasing a Long Position 17,938 6325.15 \n €0.25 ordinary shares equity swap Decreasing a Long Position 14,843 6330.06 \n €0.25 ordinary shares equity swap Decreasing a Long Position 14,709 6345 \n €0.25 ordinary shares equity swap Decreasing a Short Position 16 6320 \n €0.25 ordinary shares equity swap Decreasing a Short Position 19 6342.97 \n €0.25 ordinary shares equity swap Decreasing a Short Position 14,709 6345 \n €0.25 ordinary shares equity swap Increasing a Long Position 1,483 6323.06 \n €0.25 ordinary shares equity swap Increasing a Long Position 210 6332.07 \n €0.25 ordinary shares equity swap Increasing a Long Position 59 6332.07 \n €0.25 ordinary shares equity swap Increasing a Long Position 2 6342.97 \n €0.25 ordinary shares equity swap Increasing a Short Position 7 6320 \n €0.25 ordinary shares equity swap Increasing a Short Position 41 6324.87 \n €0.25 ordinary shares equity swap Increasing a Short Position 14 6326.42 \n\n\n(c) Stock-settled derivative transactions (including options)\n\n(i) Writing, selling, purchasing or varying\n Class of Product Writing, purchasing, selling, varying Number Exercise Type Expiry Option \n \nrelevant \ndescription e.g. call \netc. \nof \nprice per \ne.g. \ndate \nmoney \n \nsecurity \noption \nsecurities \nunit \nAmerican, \npaid/ \n \nto which \nEuropean \nreceived per unit \n \noption \netc. \n \nrelates \n \n(Note 6) \n                 \n\n\n(ii) Exercise\n Class of Product Exercising/ Number of Exercise \n \nrelevant \ndescription \nexercised \nsecurities \nprice per \n \nsecurity \ne.g. call \nagainst \nunit \n \noption \n(Note 5) \n           \n\n\n(d) Other dealings (including transactions in respect of new securities) (Note\n3)\n Class of Nature of dealing Details Price per unit (if \n \nrelevant \ne.g. subscription, \napplicable) \n \nsecurity \nconversion, exercise \n(Note 5) \n         \n\n\nAp30\n\n4. OTHER INFORMATION\n\n(a) Indemnity and other dealing arrangements\n Details of any indemnity or option arrangement, or any agreement or \n understanding, formal or informal, relating to relevant securities which may \n be an inducement to deal or refrain from dealing entered into by the person \n making the disclosure and any party to the offer or any person acting in \n concert with a party to the offer. \n \n \n \nIrrevocable commitments and letters of intent should not be included. If there \n are no such agreements, arrangements or understandings, state “none” \n   \n\n\n(b) Agreements, arrangements or understandings relating to options or\nderivatives\n Full details of any agreement, arrangement or understanding between the person \n disclosing and any other person relating to the voting rights of any relevant \n securities under any option referred to on this form or relating to the voting \n rights or future acquisition or disposal of any relevant securities to which \n any derivative referred to on this form is referenced. If none, this should be \n stated. \n   \n\n\n(c) Attachments\n Is a Supplemental Form 8 attached? NO \n\n Date of disclosure 10-09-2026 \n Contact name Janice Falcao \n Telephone number 00442033140679 \n\n\nPublic disclosures under Rule 8.3 of the Rules must be made to a Regulatory\nInformation Service.\n\nAp31\n\nNOTES ON FORM 8.3\n\n1. See the definition of “connected fund manager” in Rule 2.2 of Part A of\nthe Rules.\n\n2. See the definition of “interest in a relevant security” in Rule 2.5 of\nPart A of the Rules and see Rule 8.6(a) and (b) of Part B of the Rules.\n\n3. See the definition of “relevant securities” in Rule 2.1 of Part A of\nthe Rules.\n\n4. See the definition of “dealing” in Rule 2.1 of Part A of the Rules.\n\n5. If the economic exposure to changes in the price of securities is limited,\nfor example, by virtue of a stop loss arrangement relating to a spread bet,\nfull details must be given.\n\n6. See Rule 2.5(d) of Part A of the Rules.\n\n7. If details included in a disclosure under Rule 8 are incorrect, they should\nbe corrected as soon as practicable in a subsequent disclosure. Such\ndisclosure should state clearly that it corrects details disclosed previously,\nidentify the disclosure or disclosures being corrected, and provide sufficient\ndetail for the reader to understand the nature of the corrections. In the case\nof any doubt, the Panel should be consulted.\n\nFor full details of disclosure requirements, see Rule 8 of the Rules. If in\ndoubt, consult the Panel.\n\nReferences in these notes to “the Rules” are to the Irish Takeover Panel\nAct, 1997, Takeover Rules, 2022.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260910758970/en/\n(https://www.businesswire.com/news/home/20260910758970/en/)\n\nQube Research & Technologies LTD\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-10T13:19:00.174240259Z","server_sent_at_ms":1789046340174},"received_at":"2026-09-10T13:19:00.336Z","source_url":"https://www.businesswire.com/news/home/20260910758970/en/"},"analysis":{"id":"129397","press_release_id":"140561","analysis_json":{"industry":{"label":"Trading Companies & Distributors","sector":"Industrials"},"redFlags":["Rule 8.3 filing implies DCC plc is subject to an offer or possible offer under the Irish Takeover Rules (deal period active)","Qube's entire 1.28% position is cash-settled derivatives with no underlying share ownership, so it carries no voting rights"],"eventType":"regulatory","narrative":"Qube Research & Technologies Limited filed a Rule 8.3 disclosure with the Irish Takeover Panel showing a 1.28% position in DCC plc, held entirely as cash-settled derivatives (1,096,895 reference shares) as of 9 September 2026, with zero outright share ownership and no short positions remaining.\n\nThe dealing detail shows Qube was a net seller of long exposure, cutting long equity-swap positions by roughly 46,000 reference shares (at prices printed as 6320 to 6345 per unit) while modestly closing shorts.\n\nThe very existence of a Rule 8.3 filing confirms DCC is in an offer period under the Irish Takeover Rules, but this document itself is routine deal-monitoring disclosure rather than company news.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine Rule 8.3 position disclosure -- large quant fund trims derivative long in DCC during offer period; low signal."},"keyFigures":{"customDimensions":{"dealing_date":"2026-09-09","position_shares":1096895,"position_percent":"1.28%","direct_share_ownership":0,"short_positions_shares":0}},"namedEntities":{"people":[{"name":"Janice Falcao","role":"disclosure contact for Qube Research & Technologies"}],"products":[],"companies":[{"name":"Qube Research & Technologies Limited","relationship":"discloser / 1.28% derivative holder in DCC"},{"name":"DCC plc","ticker":"DCC","relationship":"offeree / subject company"},{"name":"Irish Takeover Panel","relationship":"regulator"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine Rule 8.3 position/dealing disclosure by a third-party derivatives holder during an offer period for DCC plc. It contains no new company financials or strategy news, but it confirms Qube RT holds a 1.28% cash-settled derivative long in DCC while trimming net exposure."},"tickerRelevance":{"others":[],"primary":"DCC"},"globalImportance":16,"audienceRelevance":12,"eventTypeSecondary":["m_and_a"],"importanceComponents":{"tickerTier":"large-cap","eventGravity":"routine-takeover-panel-position-disclosure","sectorWeight":"low","issuerAuthored":false,"m_and_a_context":"indirect -- disclosure only exists because an offer/possible offer exists"}},"event_type":"regulatory","event_type_secondary":["m_and_a"],"sentiment":"neutral","material_impact_score":2,"narrative":"Qube Research & Technologies Limited filed a Rule 8.3 disclosure with the Irish Takeover Panel showing a 1.28% position in DCC plc, held entirely as cash-settled derivatives (1,096,895 reference shares) as of 9 September 2026, with zero outright share ownership and no short positions remaining.\n\nThe dealing detail shows Qube was a net seller of long exposure, cutting long equity-swap positions by roughly 46,000 reference shares (at prices printed as 6320 to 6345 per unit) while modestly closing shorts.\n\nThe very existence of a Rule 8.3 filing confirms DCC is in an offer period under the Irish Takeover Rules, but this document itself is routine deal-monitoring disclosure rather than company news.","key_figures":{"customDimensions":{"dealing_date":"2026-09-09","position_shares":1096895,"position_percent":"1.28%","direct_share_ownership":0,"short_positions_shares":0}},"named_entities":{"people":[{"name":"Janice Falcao","role":"disclosure contact for Qube Research & Technologies"}],"products":[],"companies":[{"name":"Qube Research & Technologies Limited","relationship":"discloser / 1.28% derivative holder in DCC"},{"name":"DCC plc","ticker":"DCC","relationship":"offeree / subject company"},{"name":"Irish Takeover Panel","relationship":"regulator"}],"dollarAmounts":[]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-10T13:19:45.005Z","global_importance":16,"audience_relevance":12,"importance_components":{"tickerTier":"large-cap","eventGravity":"routine-takeover-panel-position-disclosure","sectorWeight":"low","issuerAuthored":false,"m_and_a_context":"indirect -- disclosure only exists because an offer/possible offer exists"}},"durationMs":42161,"modelName":"glm-5.3-flash"}}