ENN Natural Gas: Morgan Stanley Bank N.A. Buys 1.97 Million A Shares for RMB 41.37 Million Ahead of Privatisation Scheme

Bulletin Express04-09

In the run-up to the planned privatisation of ENN Natural Gas Co., Ltd. by scheme of arrangement, the Hong Kong Takeovers Executive has disclosed fresh share-dealing information under Rule 22 of the Takeovers Code.

Morgan Stanley Bank, N.A.—classified as a Class (5) associate of the offeror—purchased 1.97 million A shares of ENN Natural Gas on 8 April 2026. The transaction, conducted for the bank’s own account as part of hedging activity for Delta 1 products created by wholly unsolicited client-driven orders, amounted to RMB 41.37 million.

The shares were acquired at prices ranging from RMB 20.69 (low) to RMB 21.18 (high) per share. Morgan Stanley Bank, N.A. is ultimately owned by Morgan Stanley.

The disclosure forms part of the ongoing regulatory reporting requirements linked to the proposed privatisation process of ENN Natural Gas.

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