Wellington Management Lifts ENN Energy Stake to 5.07% via US-Market Purchases

Bulletin Express04-09 18:46

On 2 April 2026, Wellington Management Group LLP disclosed a series of dealings in ENN Energy Holdings Limited shares that increased its aggregate stake in the company to 5.07%, according to a filing submitted under Rule 22 of the Hong Kong Code on Takeovers and Mergers.

The investment manager executed 11 separate on-market purchases totalling 356,701 shares at a uniform price of USD 63.7411 per share, representing a cash outlay of approximately USD 22.70 million. A single sale of 543 shares was completed at USD 63.6762 per share on the same day, resulting in a net addition of 356,158 shares.

Following these transactions, Wellington Management—classified as a Class (6) associate of the offeree—held 57.40 million ENN Energy shares, equivalent to 5.0717% of the company’s issued share capital. All trades were executed on a US exchange for discretionary investment clients. Wellington Management Group LLP is ultimately owned by Wellington Management Company LLP.

The disclosed activity forms part of the ongoing privatisation of ENN Energy by way of a scheme of arrangement.

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