Morgan Stanley Bank Disposes of 25,500 Derivative Interests Linked to ENN Natural Gas, Clearing Position

Bulletin Express05-21 17:23

On 20 May 2026, Morgan Stanley Bank, N.A. — classified as a Class (5) associate of the offeror for the proposed privatisation of ENN Natural Gas Co., Ltd. — executed an unsolicited client-facilitation sale involving derivative products referenced to the target’s A-shares.

• Volume and Product: 25,500 derivative contracts referencing ENN Natural Gas A-shares. • Pricing: Reference price at RMB 20.98 per share. • Cash Flow: Total proceeds reached approximately RMB 0.54 million. • Maturity: 31 August 2027. • Resultant Position: The transaction reduced Morgan Stanley Bank’s derivative exposure in ENN Natural Gas to zero.

The disclosure was filed under Rule 22 of the Hong Kong Code on Takeovers and Mergers in connection with the scheme-of-arrangement privatisation process. All dealings were conducted for Morgan Stanley Bank’s own account; the bank is ultimately owned by Morgan Stanley.

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