ENN Natural Gas: UBS AG Reports Net Disposal of 156.70k A Shares Worth RMB2.86 Million During Privatisation Process

Bulletin Express06-11 17:21

On 11 June 2026 ENN Natural Gas Co. Ltd. (the offeree in an ongoing privatisation by way of scheme of arrangement) received a Rule 22 disclosure from UBS AG, an exempt principal trader connected with the company under the Hong Kong Code on Takeovers and Mergers.

On 10 June 2026 UBS AG executed a series of hedging transactions in ENN Natural Gas A shares, all generated by wholly unsolicited client-driven orders:

• Purchases: 405.50 thousand shares for a total consideration of RMB7.31 million, implying an average purchase price of approximately RMB18.04 per share. • Sales: 562.20 thousand shares for RMB10.17 million, implying an average sale price of roughly RMB18.09 per share.

These trades resulted in a net disposal of 156.70 thousand shares and net proceeds of about RMB2.86 million.

Across the day’s activity, the highest price paid by UBS AG was RMB18.29 per share, while the lowest price received was RMB17.94 per share.

All dealings were conducted on UBS AG’s own account as part of hedging for Delta 1 and other equity-related products. UBS AG is ultimately owned by UBS Group AG.

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