On 4 December 2025, a public disclosure form detailed the privatisation of ENN Energy Holdings Limited by way of scheme of arrangement and released information on dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers. According to the announcement, Lin Yan, classified as a Class (3) associate connected with the Offeror, sold 7,000 ENN Energy Holdings Limited shares on 3 December 2025 at HK$72.9286 per share. As a result of this sale, Lin Yan’s holding in ENN Energy Holdings Limited stands at 0 shares, representing 0.0000% of the class.
The transaction followed the exercise of 7,000 share options in the Offeree Company, settled in cash at an exercise price of HK$40.34 per ordinary share. The selling price was HK$72.9286 per ordinary share.
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