On 4 February 2026, an announcement was made regarding the proposed privatisation of ENN Natural Gas Co., Ltd. by way of a scheme of arrangement. The Executive received a disclosure of securities dealings under Rule 22 of the Hong Kong Code on Takeovers and Mergers.
According to the announcement, Morgan Stanley & Co., International plc, which is a Class (5) associate connected with the Offeror, reported a purchase on 3 February 2026 involving 400 ordinary shares of ENN Natural Gas Co., Ltd. The transaction was carried out as hedging of Delta 1 products arising from wholly unsolicited client-driven orders. The total amount paid reached 7,671.0000 (RMB), with the highest price at 19.2000 and the lowest price at 19.1600.
The disclosure further notes that Morgan Stanley & Co., International plc is ultimately owned by Morgan Stanley, and the dealings in A shares were conducted for its own account.
Comments