Wellington Management Lifts Holding in ENN Energy to 5.04% During Privatisation Process

Bulletin Express04-09 18:45

Hong Kong, 2 April 2026 — ENN Energy Holdings Limited (ENN Energy) disclosed that Wellington Management Group LLP, classified as a Class (6) associate under the Hong Kong Code on Takeovers and Mergers, increased its shareholding to 57.05 million shares, or 5.04 % of the company’s issued share capital, on 1 April 2026.

The transactions—conducted for discretionary investment clients—comprised 19 purchase orders and two small disposals executed on a U.S. exchange. Purchase prices were largely at HK$63.7981 per share, with an additional tranche at HK$63.40. Two minor sales occurred at HK$64.20 and HK$63.4529 per share, respectively.

Prior to the trades, Wellington Management held 56.30 million shares (4.97 %). Aggregate net purchases of 0.75 million shares lifted its stake above the 5 % disclosure threshold stipulated by Rule 22 of the Takeovers Code.

The disclosure forms part of the ongoing privatisation of ENN Energy by way of a scheme of arrangement, under which dealings by associates of the offeree must be reported to the Securities and Futures Commission’s Executive.

Wellington Management Group LLP is ultimately owned by Wellington Management Company LLP.

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