On 10 April 2026, the Executive received a disclosure under Rule 22 of the Hong Kong Code on Takeovers and Mergers in relation to the proposed privatisation of ENN Natural Gas Co., Ltd. (A-share listed). The filing details a minor share disposal by CITIC Securities Company Limited, a Class (5) associate connected with the offeror in the privatisation scheme.
CITIC Securities executed the transaction on 9 April 2026, selling 500 ordinary A shares of ENN Natural Gas at RMB 21.03 per share, generating total proceeds of RMB 10,515.00. The disposal occurred in the course of establishing new index-tracking exchange-traded funds; the position represented less than 1 % of ENN Natural Gas’s issued A-share capital and accounted for under 20 % of the ETF basket’s total value.
All trades were undertaken on CITIC Securities’ own account. The disclosure forms part of ongoing reporting requirements associated with the contemplated scheme-of-arrangement privatisation of ENN Natural Gas.
Comments