On 3 February 2026, a public disclosure form announced that Morgan Stanley & Co. International plc, a Class (5) associate connected with the Offeror, reported multiple derivatives transactions regarding ENN Energy Holdings Limited. All trades were executed on 2 February 2026 under unsolicited client facilitation, encompassing both purchases and sales with maturity dates stretching from 5 October 2026 to 2 February 2028. Reference prices ranged between US$66.5022 and US$67.3500, and total amounts paid or received spanned from US$13,470.00 to US$1,330,044.45. Each transaction resulted in a balance of zero shares.
Specifically, the first purchase involved 200 derivatives with a maturity date of 29 November 2027 at a reference price of US$67.3500, for a total of US$13,470.00. Two sales each involved 1,100 derivatives—one maturing on 27 October 2027 and another on 2 February 2028—both at a reference price of US$66.9307, each yielding US$73,623.77. Further purchases consisted of 2,100 derivatives maturing on 5 October 2026 at a reference price of US$66.6482 (US$139,961.22 total), 3,900 derivatives maturing on 13 November 2026 at US$66.7205 (US$260,210.0046 total), 12,700 derivatives maturing on 31 December 2027 at US$67.1253 (US$852,491.30 total), and 20,000 derivatives maturing on 29 June 2026 at US$66.5022 (US$1,330,044.45 total).
The announcement also noted that all dealings were made for Morgan Stanley & Co. International plc’s own account, which is ultimately owned by Morgan Stanley.
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