ENN Energy (02688): Morgan Stanley Discloses Net Purchase of 16,950 Derivative-Linked Shares Amid Privatisation Process

Bulletin Express03-20 17:24

ENN Energy Holdings Limited (02688) is currently the subject of a proposed privatisation by way of scheme of arrangement. In accordance with Rule 22 of the Hong Kong Code on Takeovers and Mergers, Morgan Stanley & Co. International plc, classified as a Class (5) associate of the offeror, filed details of derivative dealings in ENN Energy shares dated 19 March 2026.

Key transaction highlights • Seven unsolicited client-facilitation purchases involved a total of 20,450 reference shares, while two sales covered 3,500 reference shares, resulting in a net purchase of 16,950 reference shares on the day. • Aggregate consideration for purchases amounted to approximately USD 1.35 million, versus sales proceeds of about USD 0.23 million, translating into a net cash outflow of roughly USD 1.12 million. • Reference prices on the purchased derivatives ranged from USD 65.50 to USD 66.44 per share, whereas sale prices ranged from USD 65.92 to USD 66.51 per share. • Maturity dates for the derivative positions span from 30 September 2026 to 31 May 2033, with each trade recorded as having a resultant balance of zero.

Additional disclosure Morgan Stanley & Co. International plc executed the transactions on its own account. The firm is ultimately owned by Morgan Stanley.

The filing fulfils disclosure obligations tied to the ongoing privatisation proposal for ENN Energy.

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International plc executed the transactions on its own account. The firm is ultimately owned by Morgan Stanley.</p>\n<p>The filing fulfils disclosure obligations tied to the ongoing privatisation proposal for ENN Energy.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02688","symbol_name":"新奥能源","start_time":0,"source_url":"","article_id":"1185883674","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1185883674","pubTimestamp":1773998653,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"ENN Energy Holdings Limited (02688) is currently the subject of a proposed privatisation by way of scheme of arrangement. 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