ENN Energy: BlackRock Trims Stake to 6.24% Ahead of Privatisation Scheme Vote

Bulletin Express04-30 17:23

Hong Kong, 30 April 2026—The Securities and Futures Commission’s Executive arm has disclosed that BlackRock, Inc. adjusted its position in ENN Energy Holdings Ltd. on 29 April 2026, in transactions reported under Rule 22 of the Hong Kong Code on Takeovers and Mergers related to the company’s proposed privatisation by scheme of arrangement.

On the dealing day, BlackRock conducted six on-market trades in ENN Energy shares: three purchases totaling 10,100 shares at prices ranging from USD 62.73 to USD 62.80 per share, and three sales totaling 44,400 shares at prices between USD 62.71 and USD 62.80 per share. The activity resulted in a net disposal of 34,300 shares.

Following these transactions, BlackRock’s holding declined from 70.67 million shares to 70.63 million shares, representing a marginal reduction in its aggregate interest from 6.24 % to 6.2402 % of ENN Energy’s issued share capital.

BlackRock is classified as a Class (6) associate of the offeree company due to its shareholding and executed the trades on behalf of discretionary investment clients.

The disclosure forms part of the ongoing regulatory reporting requirements during ENN Energy’s privatisation process via scheme of arrangement.

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