On 4 December 2025, ENN Energy Holdings Limited announced details regarding a privatisation by way of a scheme of arrangement. The disclosure includes information about securities transactions in ENN Energy Holdings Limited conducted by Morgan Stanley & Co., International plc.
Morgan Stanley & Co., International plc reported that on 3 December 2025, it purchased 28,400 ordinary shares for US$2,049,614.10 and sold 25,700 ordinary shares for US$1,862,739.10. The highest and lowest prices involved in these transactions were US$72.9000 and US$71.2000, respectively. The dealings were part of hedging activities linked to Delta 1 products arising from wholly unsolicited client-driven orders.
According to the announcement, Morgan Stanley & Co., International plc is a Class (5) associate connected with the Offeror and conducted these transactions on its own account. The entity is ultimately owned by Morgan Stanley.
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