ENN Energy: Morgan Stanley Capital Services Executes HK$1.03 Million Matched Derivative Trades, Net Position Zero

Bulletin Express04-29 16:56

Hong Kong, 29 April 2026—In connection with the proposed privatisation of ENN Energy Holdings Limited by scheme of arrangement, the Executive received a Rule 22 disclosure detailing securities dealings by Morgan Stanley Capital Services LLC (MSCS), a Class (5) associate of the offeror.

On 28 April 2026, MSCS undertook a series of unsolicited client-facilitation transactions in derivatives linked to ENN Energy shares:

• Purchases: five separate trades totalling 16,600 reference securities at prices ranging from HK$61.80 to HK$62.00, for aggregate consideration of approximately HK$1.03 million. • Sales: five mirror transactions in identical sizes, maturities and prices, also amounting to about HK$1.03 million.

Because each purchase was matched by a corresponding sale, MSCS ended the trading day with no resultant position in ENN Energy—consistent with its role as a liquidity provider. All derivatives mature between 30 September 2026 and 29 October 2027.

MSCS is ultimately owned by Morgan Stanley and conducted the trades for its own account. The disclosure confirms full compliance with Hong Kong’s Takeovers Code reporting requirements during the ongoing privatisation process.

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