BlackRock Increases ENN Energy Stake to 6.89% During Privatisation Process

Bulletin Express04-08 17:23

On 7 April 2026, the Hong Kong Takeovers Executive disclosed transactions by BlackRock, Inc. involving ordinary shares of ENN Energy Holdings Ltd. in connection with the company’s ongoing privatisation by way of scheme of arrangement.

On 6 April 2026, BlackRock executed two opposite-side trades on a U.S. exchange for discretionary investment clients: • Sold 1,096 shares at USD 63.70 each, leaving a post-sale balance of 77.34 million shares, representing 6.83 % of ENN Energy’s issued share capital. • Purchased 698,270 shares at the same price of USD 63.70 each, lifting its total holding to 78.04 million shares, or 6.89 % of the company’s outstanding shares.

BlackRock is classified as a Class (6) associate of ENN Energy under the Hong Kong Code on Takeovers and Mergers due to its shareholding in the offeree company. All dealings were undertaken for the accounts of BlackRock’s discretionary investment clients.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1189084755?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-08 17:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1189084755","market":"hk","top_or_hot":-1,"title":"BlackRock Increases ENN Energy Stake to 6.89% During Privatisation Process","media":"Bulletin Express","content":"<p>On 7 April 2026, the Hong Kong Takeovers Executive disclosed transactions by BlackRock, Inc. involving ordinary shares of ENN Energy Holdings Ltd. in connection with the company’s ongoing privatisation by way of scheme of arrangement.</p>\n<p>On 6 April 2026, BlackRock executed two opposite-side trades on a U.S. exchange for discretionary investment clients:  \n• Sold 1,096 shares at USD 63.70 each, leaving a post-sale balance of 77.34 million shares, representing 6.83 % of ENN Energy’s issued share capital.  \n• Purchased 698,270 shares at the same price of USD 63.70 each, lifting its total holding to 78.04 million shares, or 6.89 % of the company’s outstanding shares.</p>\n<p>BlackRock is classified as a Class (6) associate of ENN Energy under the Hong Kong Code on Takeovers and Mergers due to its shareholding in the offeree company. All dealings were undertaken for the accounts of BlackRock’s discretionary investment clients.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BlackRock Increases ENN Energy Stake to 6.89% During Privatisation Process</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlackRock Increases ENN Energy Stake to 6.89% During Privatisation Process\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-08 17:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>On 7 April 2026, the Hong Kong Takeovers Executive disclosed transactions by BlackRock, Inc. involving ordinary shares of ENN Energy Holdings Ltd. in connection with the company’s ongoing privatisation by way of scheme of arrangement.</p>\n<p>On 6 April 2026, BlackRock executed two opposite-side trades on a U.S. exchange for discretionary investment clients:  \n• Sold 1,096 shares at USD 63.70 each, leaving a post-sale balance of 77.34 million shares, representing 6.83 % of ENN Energy’s issued share capital.  \n• Purchased 698,270 shares at the same price of USD 63.70 each, lifting its total holding to 78.04 million shares, or 6.89 % of the company’s outstanding shares.</p>\n<p>BlackRock is classified as a Class (6) associate of ENN Energy under the Hong Kong Code on Takeovers and Mergers due to its shareholding in the offeree company. All dealings were undertaken for the accounts of BlackRock’s discretionary investment clients.</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":"1189084755","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189084755","pubTimestamp":1775640226,"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":"On 7 April 2026, the Hong Kong Takeovers Executive disclosed transactions by BlackRock, Inc. involving ordinary shares of ENN Energy Holdings Ltd. in connection with the company’s ongoing...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02688":"新奥能源"},"translate_title":"贝莱德在私有化过程中增持新奥能源股份至6.89%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02688":1},"content_text":"On 7 April 2026, the Hong Kong Takeovers Executive disclosed transactions by BlackRock, Inc. involving ordinary shares of ENN Energy Holdings Ltd. in connection with the company’s ongoing privatisation by way of scheme of arrangement.\nOn 6 April 2026, BlackRock executed two opposite-side trades on a U.S. exchange for discretionary investment clients:  \n• Sold 1,096 shares at USD 63.70 each, leaving a post-sale balance of 77.34 million shares, representing 6.83 % of ENN Energy’s issued share capital.  \n• Purchased 698,270 shares at the same price of USD 63.70 each, lifting its total holding to 78.04 million shares, or 6.89 % of the company’s outstanding shares.\nBlackRock is classified as a Class (6) associate of ENN Energy under the Hong Kong Code on Takeovers and Mergers due to its shareholding in the offeree company. All dealings were undertaken for the accounts of BlackRock’s discretionary investment clients.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1189084755","isCrawlerRequest":true}