BlackRock Lowers ENN Energy Stake to 6.21% During Privatisation Process

Bulletin Express04-10 17:03

Hong Kong, 10 April 2026 — BlackRock, Inc., classified as a Class (6) associate of ENN Energy Holdings Ltd. under the Hong Kong Code on Takeovers and Mergers, disclosed a series of on-market transactions in ENN Energy shares on 9 April 2026.

Across seven trades executed at prices between HK$65.41 and HK$65.55 per share, BlackRock bought 68,645 shares and sold 508,600 shares. The net disposal of 439,955 shares reduced its holding to 70.25 million shares, representing 6.21 % of ENN Energy’s issued share capital, down from 6.25 % earlier that day.

The disclosure was made under Rule 22 of the Takeovers Code, as ENN Energy is currently subject to a proposed privatisation by way of scheme of arrangement. BlackRock’s dealings were carried out for discretionary investment clients, according to the filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1126960896?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-10 17:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1126960896","market":"hk","top_or_hot":-1,"title":"BlackRock Lowers ENN Energy Stake to 6.21% During Privatisation Process","media":"Bulletin Express","content":"<p>Hong Kong, 10 April 2026 — BlackRock, Inc., classified as a Class (6) associate of ENN Energy Holdings Ltd. under the Hong Kong Code on Takeovers and Mergers, disclosed a series of on-market transactions in ENN Energy shares on 9 April 2026.</p>\n<p>Across seven trades executed at prices between HK$65.41 and HK$65.55 per share, BlackRock bought 68,645 shares and sold 508,600 shares. The net disposal of 439,955 shares reduced its holding to 70.25 million shares, representing 6.21 % of ENN Energy’s issued share capital, down from 6.25 % earlier that day.</p>\n<p>The disclosure was made under Rule 22 of the Takeovers Code, as ENN Energy is currently subject to a proposed privatisation by way of scheme of arrangement. BlackRock’s dealings were carried out for discretionary investment clients, according to the filing.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackRock Lowers ENN Energy Stake to 6.21% During Privatisation Process</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackRock Lowers ENN Energy Stake to 6.21% During Privatisation Process\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-10 17:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Kong, 10 April 2026 — BlackRock, Inc., classified as a Class (6) associate of ENN Energy Holdings Ltd. under the Hong Kong Code on Takeovers and Mergers, disclosed a series of on-market transactions in ENN Energy shares on 9 April 2026.</p>\n<p>Across seven trades executed at prices between HK$65.41 and HK$65.55 per share, BlackRock bought 68,645 shares and sold 508,600 shares. The net disposal of 439,955 shares reduced its holding to 70.25 million shares, representing 6.21 % of ENN Energy’s issued share capital, down from 6.25 % earlier that day.</p>\n<p>The disclosure was made under Rule 22 of the Takeovers Code, as ENN Energy is currently subject to a proposed privatisation by way of scheme of arrangement. BlackRock’s dealings were carried out for discretionary investment clients, according to the filing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02688","symbol_name":"新奥能源","start_time":0,"source_url":"","article_id":"1126960896","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126960896","pubTimestamp":1775811818,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Hong Kong, 10 April 2026 — BlackRock, Inc., classified as a Class (6) associate of ENN Energy Holdings Ltd. under the Hong Kong Code on Takeovers and Mergers, disclosed a series of on-market...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02688":"新奥能源"},"translate_title":"贝莱德在私有化过程中将新奥能源股份降至6.21%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02688":1},"content_text":"Hong Kong, 10 April 2026 — BlackRock, Inc., classified as a Class (6) associate of ENN Energy Holdings Ltd. under the Hong Kong Code on Takeovers and Mergers, disclosed a series of on-market transactions in ENN Energy shares on 9 April 2026.\nAcross seven trades executed at prices between HK$65.41 and HK$65.55 per share, BlackRock bought 68,645 shares and sold 508,600 shares. The net disposal of 439,955 shares reduced its holding to 70.25 million shares, representing 6.21 % of ENN Energy’s issued share capital, down from 6.25 % earlier that day.\nThe disclosure was made under Rule 22 of the Takeovers Code, as ENN Energy is currently subject to a proposed privatisation by way of scheme of arrangement. BlackRock’s dealings were carried out for discretionary investment clients, according to the filing.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1126960896","isCrawlerRequest":true}