Hong Kong, 19 March 2026—Under the ongoing privatisation of ENN Natural Gas Co., Ltd. by way of scheme of arrangement, Morgan Stanley Bank, N.A.—classified as a Class (5) associate connected with the offeror—disclosed a hedging transaction in the target’s A shares.
On 18 March 2026, Morgan Stanley Bank, N.A. bought 100 ordinary A shares of ENN Natural Gas at a uniform price of RMB22.07 per share. The total consideration amounted to RMB2,207.00. The dealings, executed for the bank’s own account, arose from wholly unsolicited client-driven orders linked to Delta-1 products.
Morgan Stanley Bank, N.A. is ultimately owned by Morgan Stanley. No sales were reported, and no price range was recorded beyond the stated RMB22.07 per share. The filing was made pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers.
Comments