ENN Energy: Morgan Stanley Reports USD-0.97 Million Delta-1 Hedging Trades Amid Privatisation Process

Bulletin Express05-20 17:03

Hong Kong, 20 May 2026—ENN Energy Holdings Limited’s ongoing privatisation by way of scheme of arrangement triggered a Rule 22 disclosure to the Hong Kong Takeovers and Mergers Code. Morgan Stanley & Co. International plc, classified as a Class (5) associate of the offeror, reported two Delta-1 hedging transactions executed on 19 May 2026.

Morgan Stanley purchased 1,800 ENN Energy ordinary shares for USD 0.11 million, paying between USD 58.80 and USD 59.65 per share.

On the same day, the bank sold 14,600 shares for USD 0.86 million at prices ranging from USD 58.70 to USD 59.95.

All dealings were conducted for Morgan Stanley’s own account and arose from wholly unsolicited, client-driven orders related to Delta-1 products. The disclosure satisfies Hong Kong regulatory requirements for connected persons engaged in share dealings during a takeover or privatisation process.

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