ENN Energy: Morgan Stanley Discloses Net Sale of 3,198 Shares Amid Privatisation Process

Bulletin Express04-10 17:03

On 10 April 2026, a Public Disclosure Form filed under Rule 22 of the Hong Kong Code on Takeovers and Mergers detailed Morgan Stanley & Co. International plc’s dealings in ENN Energy Holdings Limited in connection with the ongoing privatisation by scheme of arrangement.

Morgan Stanley, identified as a Class (5) associate connected with the offeror, executed Delta 1 hedging transactions in ENN Energy’s ordinary shares on 9 April 2026, generated by wholly unsolicited client-driven orders:

• Purchase: 15,902 shares for HK$1.04 million, executed between HK$65.33 and HK$65.50 per share.

• Sale: 19,100 shares for HK$1.25 million, executed between HK$65.00 and HK$65.95 per share.

After netting the trades, Morgan Stanley registered a net sale of 3,198 shares, realising net proceeds of approximately HK$0.21 million. All transactions were conducted on the firm’s own account.

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