UBS AG Reports RMB-15.37 million Turnover in ENN Natural Gas A Shares During Privatisation Process

Bulletin Express05-19 17:26

Hong Kong, 19 May 2026—UBS AG, an exempt principal trader connected with ENN Natural Gas Co. Ltd., disclosed multiple on-exchange hedging transactions executed on 18 May 2026 under Rule 22 of the Hong Kong Code on Takeovers and Mergers. The dealings were conducted to hedge Delta 1 and other equity-related products created by wholly unsolicited client-driven orders and took place amid the ongoing privatisation of ENN Natural Gas by way of scheme of arrangement.

UBS AG purchased a total of 321,600 A shares and sold 420,474 A shares on the day, generating an aggregate turnover of approximately RMB 15.37 million. Purchases amounted to RMB 6.68 million, while sales reached RMB 8.70 million.

The transactions were executed within a price band of RMB 20.58 to RMB 20.92 per share: • Highest purchase price: RMB 20.92 • Lowest purchase price: RMB 20.59 • Highest sale price: RMB 20.89 • Lowest sale price: RMB 20.58

All trades were booked on UBS AG’s own account. 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