UBS AG Reports RMB-Denominated Hedging Trades in ENN Natural Gas A-Shares Ahead of Privatisation Scheme

Bulletin Express04-09

On 9 April 2026, the Executive received a Rule 22 disclosure under the Hong Kong Code on Takeovers and Mergers detailing UBS AG’s dealings in A-shares of ENN Natural Gas Co. Ltd. (the offeree in the proposed privatisation by scheme of arrangement).

UBS AG, acting as an exempt principal trader connected with ENN Natural Gas, executed client-driven Delta 1 and equity-related hedging transactions on 8 April 2026:

• Purchases: 580,100 shares for RMB 12.13 million, at prices between RMB 20.82 and RMB 21.15. • Sales: 1,209,800 shares for RMB 25.36 million, at prices between RMB 20.74 and RMB 21.20.

The aggregated turnover reached 1,789,900 shares with a gross transaction value of RMB 37.49 million, implying a traded price range of RMB 20.74–21.20 per share.

All trades were conducted for UBS AG’s own account and were denominated in RMB. UBS AG is ultimately owned by UBS Group AG.

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